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‘We will embarrass old Politicians in 2019’ – Nigerian Youths rage

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As the 2019 elections approach, various youth groups in the country have expressed readiness to effect generational power shift, sending a signal to old politicians that they would be disgraced in the forthcoming elections.

Latching on to former President, Chief Olusegun Obasanjo’s call last week on youths to democratically wrest power from old politicians, they said older generation of politicians should give them a chance or the youths would utilize their numerical straight to vote them out of office. Arewa Youths Leader, Yerima Shetima, said: “Come 2019, they would be disgraced if they participate in politics.

We constitute 65 or 70 per cent of votes in the country and we will ensure that our votes go to ensure that we have order in this country.

We will disgrace them in 2019. We will make sure they are massively embarrassed.“ Obasanjo, at the Youth Governance Dialogue in Abeokuta, Ogun State, last week, said since the old guards are unwilling to quit the stage and would not give leadership positions to the youths on a platter of gold, it was high time the youths picked the gauntlet.

”Nobody will choose you; you have to choose yourself. Why can’t you become president at the age 40? Why can’t you become president at the age of 35?

Why can’t you become president at the age of 30? General Gowon became Head of State at 33. I became Head of State at 39. And it is because of my track record. But how are you prepared? Are you really prepared?” he challenged the youths.

Expressing youths’ readiness for the challenge, Yerima said, “The likes of Obasanjo should go back to their homes and relax and be ready to offer useful advice when necessary to younger generation of leaders, on technical matters on governance. We will learn some lessons from their history, but we would not work in line with what they did during their tenure.”

Ohanaeze Youth Leader, Chukwuma Okparaezeukwu, in a similarly vein, said the youths feel greatly challenged by the call. “We are not only challenged, but highly encouraged, motivated and feel reawakened.

It is a call for a positive, diplomatic and sustainable revolution. It must not be the regular revolution that comes by force or bloodshed, but one that comes with strategy, raising youth’s consciousness and participation.

“However, as much as we feel highly motivated by former President Obasanjo’s statement, we the youths must wake up and embrace our responsibility because this is our time.

Otherwise, the next generation will vilify us the way we do the older generation today.

“You see, for now, some of the youths have allowed themselves to be used by the current crop of politicians to dish out hate speeches which polarise the youth groups across the country. But we will narrow this gap in the current reawakening towards the current move in order to work strategically and work in unity towards the goal.”

Also, Protem National Chairman, Alliance for New Nigeria, (ANN) a political association seeking Independent National Electoral Commission’s registration, Dr. Jay Osi Samuels, said, “The statement is not only appropriate but timely, because we, the youths, can no longer wait for them to give power to us, rather we are stepping out to grab it from them.”

He said the declaration was in tandem with the “objectives for the ANN, “because we are creating a credible platform apart from all the other platforms that are being managed by the older politicians.

That platform is what we will use to actualize our goals of grabbing power from the old generation. It is a movement being created for the new leaders of Nigeria. Samuels, a Harvardtrained medical doctor, said the youths have the numerical advantage. “Potentially, we have the bigger number.

I mean the youths constitute majority of the eligible voting age in Nigeria, but what we have witnessed over the years have led to loss of faith in the political system in Nigeria, but what we are going about to let people know is that they cannot just despair, they cannot lose hope, that there is a light at the end of the tunnel and if we put our acts together, we can collectively take over the reins of power from these older generation of leaders.

Reminded of the role Obasanjo played in the election of Buhari, who belonged to the older generation politicians, he said: “We are not relying on any past leader…

We are not relying on anybody, what we are doing is that we want to show that with or without them, we can do it by ourselves. They themselves got into power years ago, when they were even younger than us.

So we are taking the bull by the horns, with or without their support, we are going to achieve our aim.

The Presiding Minister of Trinity Center, Pastor Ituah Ighodalo, joined his voice, but was quick to add that anyone of the age of 35 and below cannot rule the nation for now because such a person will be too young for governance at that level. “From my own personal perspective, youths of ages 30 and 35 might be too young for president. The ideal age will be between the ages of 45 to 55.

That sort of person has seen life to an extent, made some mistakes, has fallen, risen and still has the energy to run around and still has reasonable contact base. We can go as low as 41, 42, 43; but not 30.

The world view of anyone of that age is not as broad,” he said.

Ighodalo however, warned that no room should be left for any particular group of persons to anoint a youth for presidency in the manner that so-called godfathers in the Nigerian political space have been doing in the past, insisting also that power is never relinquished but consciously taken by anyone who is truly interested and makes himself available for service.

Ighodalo said the space “is wide open for any serious person, youth or not, that truly wants to get involved and get closer to the people and offer their service to the people, urging such people to start from the grassroots to learn and be ready to make their way up.

They should join any party of their choice, become important in the parties and get selected for position and bit by bit money politics and god-fatherism will fade.

It is not going to be a short run but they will get there.” “From my own personal perspective, youths of ages 30 and 35 might be too young for president.

The ideal age will be between the ages of 45 to 55. That sort of person has seen life to an extent, made some mistakes, has fallen, risen and still has the energy to run around and still has reasonable contact base. We can go as low as 41, 42, 43; but not 30. The world view of anyone of that age is not as broad,” he said.

Mr. Gbadabo Rhodes- Vervor, a youth in his early 30s who contested for the chairmanship in Ikeja Local Government in Lagos State, recently on the platform of the KOWA Party, scoring less than 1,000 votes, said “We, as a generation, need to get more involved, not just on whatssapp groups or on other social media, but in our communities and people in our wards….political participation is not just about running, political participation is diverse.

“Youths can either contest or sponsor political party/candidates whom they believe in their ideals. They must also join a political party and be active and most importantly register to vote for folks they believe in on election day,” He said the youths need to actively start making a difference in the communities so that they can become influencers.

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Deadline of Compliance: Nigeria’s Urgent Call for Tax Return Filing

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Deadline of Compliance: Nigeria’s Urgent Call for Tax Return Filing

By George Omagbemi Sylvester | Published by SaharaWeeklyNG.com

“Shift or Structural Demand? A Declaration of Civic Duty in a Nation at a Fiscal Crossroads.”

In the unfolding narrative of national development and economic reform, few instruments are as defining as tax compliance. For Nigeria, a nation perpetually grappling with revenue shortfalls, structural dependency on a single export commodity, and entrenched informal economic behaviour, the Federal Government’s recent clarification on tax return deadlines is not mere bureaucratic noise. It is a deliberate and inescapable declaration: the social contract between citizen and state must be honoured through transparent, lawful and timely tax reporting.

At its core, the government’s pronouncement is stark in its simplicity and radical in its implications. Federal authorities, speaking through the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, have made it unequivocally clear that every Nigerian, whether employer or individual taxpayer, must file annual tax returns under the law. This encompasses self-assessment filings by individuals that too many assumed ended once employers deducted pay-as-you-earn taxes from their salaries.

This is not an optional civic suggestion, it is mandatory, backed by statute, and tied to a broader vision of national fiscal responsibility. Citizens can no longer hide behind ignorance, apathy, or false assumptions. “Many people assume that if their employer deducts tax from their salaries, their obligations end there. That is wrong,” Oyedele warned, emphasizing that the obligation to file remains with the individual under both existing and newly reformed tax laws.

The Deadlines and the Reality They Reveal.
Across the federation, state and federal revenue authorities have reaffirmed statutory deadlines in pursuit of compliance. The Lagos State Internal Revenue Service, for instance, moved to extend its filing date for employer returns by a narrow window, reflecting the reality that compliance often lags behind legal timelines. The extension was intended not as leniency, but as a pragmatic effort to allow accurate and complete submissions, underscoring that true compliance rises above mere mechanical ticking of a box.

At the federal level, Oyedele’s intervention was even more fundamental. He reminded Nigerians that annual tax returns for the preceding year must be filed in good faith, with integrity and in respect of the law. This applies regardless of income level including low-income earners who have historically believed that they are outside the tax net. “All of us must file our returns, including those earning low income,” he stated.

Herein lies one of the most challenging truths of contemporary Nigerian governance: widespread tax non-compliance is not just a technical breach of law, it is a deep cultural and structural issue that reflects decades of mistrust between citizens and the state.

The Root of the Problem: Non-Compliance as a Symptom.
Nigeria’s tax culture has long been under scrutiny. Public discourse and economic analysis consistently show that a significant majority of eligible taxpayers do not file annual returns. Oyedele highlighted that even in states widely regarded as tax administration leaders, compliance remains strikingly low, often below five percent.

This widespread non-compliance stems from multiple sources:

A long history of weak tax administration systems, where enforcement was inconsistent and penalties were rarely applied.

A perception that public services do not reflect the taxes collected, eroding the citizenry’s belief in reciprocity.

An informal economy where income often goes unrecorded, making filing seem irrelevant or impossible to many.

Lack of awareness, with many Nigerians genuinely believing that tax liability ends with employer deductions.

The government’s renewed push for compliance directly challenges these perceptions. It signals a shift from voluntary or lax compliance to structured accountability, a stance that aligns with best practices in modern public finance.

Why This Matters: Beyond Deadlines.
At its most profound level, the insistence on tax return filings is about nation-building and shared responsibility.

Scholars of public finance universally agree that a robust tax system is the backbone of sustainable development. As the eminent economist Dr. Joseph E. Stiglitz has observed, “A society that cannot mobilize its own resources through fair taxation undermines both its government’s legitimacy and its capacity to provide for its people.” Filing tax returns is not a mere administrative task, it is a declaration of participation in the collective project of national advancement.

In Nigeria’s context, this declaration carries weight. With the enactment of comprehensive tax reforms in recent years (including unified frameworks for tax administration and enforcement) authorities now possess broader statutory tools to ensure compliance and accountability. These measures, which include electronic filing platforms and stronger enforcement powers, have been framed as fair and equitable, targeting efficiency rather than arbitrariness.

Yet the success of these reforms depends heavily on citizens embracing their civic duties with sincerity. And this depends on mutual trust, the belief that paying taxes yields tangible benefits in infrastructure, education, healthcare, security and social services.

Voices From Experts: Fiscal Responsibility as a Public Ethic.
Tax law experts and economists, reflecting on the compliance push, have underscored a universal theme: taxation without transparency is inequity, but taxation with accountability is empowerment. When managed with fairness, a functional tax system can reduce dependency on volatile revenue sources, stabilise national budgets, and support long-term investment in human capital.

Professor Aisha Bello, a respected authority in fiscal policy, notes that “Tax compliance is not a burden; it is the foundation upon which social contracts are built. A citizen who honours tax obligations affirms the legitimacy of governance and demands better performance in return.”

Similarly, a leading tax scholar, Dr. Emeka Okon, argues that “The era when Nigerians could evade broader tax responsibilities simply because automatic deductions occur at source must end. For a modern economy, every eligible citizen must be part of the formal tax fold not as victims, but as stakeholders.”

These authoritative voices point to an unassailable truth: filing tax returns is both a legal requirement and a moral responsibility, an expression of citizenship in its fullest sense.

Challenges on the Ground: Compliance and Capacity.
While the rhetoric of compliance is compelling, the reality on the ground demands nuanced understanding. Many taxpayers (especially in the informal sector) lack meaningful access to digital platforms and resources for filing returns. For others, the fear of bureaucratic complexity and perceived punitive enforcement deters participation.

The government, for its part, has responded by promoting online systems and pledging greater taxpayer support. Tax authorities are increasingly engaging stakeholders to demystify filing processes, explain requirements and offer assistance. This mix of enforcement and facilitation is essential. As one seasoned revenue specialist observed: “The state cannot compel compliance through force alone; it must earn it through education, simplicity and fairness.”

The Broader Implication: A New Social Compact.
Ultimately, Nigeria’s renewed emphasis on tax return filing transcends administrative deadlines. It is an unequivocal declaration that national development is a shared responsibility, that citizens and state must engage in a transparent, accountable, and reciprocal relationship.

Tax compliance, therefore, becomes far more than a legal act; it becomes a moral claim on the nation’s future.

When citizens file their returns honestly, they affirm their stake in the nation’s destiny. When the government collects taxes transparently and deploys them effectively, it strengthens not only public services but civic trust itself.

In this sense, the deadlines proclaimed by Nigeria’s fiscal authorities mark not an end but a beginning; the beginning of a civic epoch in which accountability replaces apathy, participation replaces indifference and national purpose triumphs over fragmentation.

The road ahead will not be easy. But in demanding compliance, Nigeria is demanding more than tax returns. It is demanding commitment and that, ultimately, is the foundation on which nations are built.

 

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BUA Foods Records 91% Surge in Profit After Tax, Hits ₦508bn in 2025

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BUA FOODS PLC RECORDS 101% PROFIT GROWTH IN H1 2025, CONSOLIDATES LEADERSHIP IN NIGERIA’S FOOD SECTOR …Revenue Rises to ₦912.5 Billion; PBT Hits ₦276.1 Billion

BUA Foods Records 91% Surge in Profit After Tax, Hits ₦508bn in 2025

By femi Oyewale

BUA Foods Plc has delivered one of the most impressive financial performances in Nigeria’s fast-moving consumer goods (FMCG) sector, recording a 91 per cent increase in Profit After Tax (PAT) for the 2025 financial year.
According to the company’s unaudited financial results for the year ended December 31, 2025, Profit After Tax rose sharply to ₦508 billion, compared with ₦266 billion recorded in 2024, underscoring strong operational efficiency, improved cost management, and resilience despite a challenging macroeconomic environment.
The near-doubling of profit reflects BUA Foods’ ability to navigate rising input costs, foreign exchange volatility, and inflationary pressures that weighed heavily on manufacturers throughout the year. Analysts note that the performance places the company among the strongest earnings growers on the Nigerian Exchange in 2025.
The company’s Q4 2025 performance further highlights this momentum. Group turnover stood at ₦383.4 billion, while gross profit came in at ₦151.5 billion, demonstrating sustained demand across its core product lines including sugar, flour, pasta, and rice.
Despite a year marked by higher operating costs across the industry, BUA Foods maintained disciplined spending. Administrative and selling expenses were kept under control relative to revenue, helping to protect margins.
Operating profit for Q4 2025 stood at ₦126.9 billion, reinforcing the company’s strong core earnings capacity. Although finance costs and foreign exchange losses remained a factor, reflecting the broader economic realities, BUA Foods still closed the period with a Net Profit Before Tax of ₦102.3 billion for the quarter.
Earnings Per Share Rise Sharply
Shareholders were among the biggest beneficiaries of the strong performance. Earnings Per Share (EPS) rose significantly, reflecting the substantial growth in net income and strengthening the company’s investment appeal.
Market watchers say the improved earnings profile could support sustained investor confidence, especially as the company continues to consolidate its leadership position in Nigeria’s food manufacturing space.
BUA Foods Records 91% Surge in Profit After Tax, Hits ₦508bn in 2025

By femi Oyewale
Industry Leadership Amid Economic Headwinds
BUA Foods’ 2025 results stand out against a backdrop of currency depreciation, energy cost spikes, and logistics challenges that constrained many manufacturers. The company’s scale, backward integration strategy, and local sourcing advantages are widely seen as key contributors to its resilience.
Outlook
With a 91% year-on-year growth in PAT, BUA Foods enters 2026 on a strong footing. Analysts expect the company to remain a major driver of growth in the consumer goods sector, provided macroeconomic stability improves and cost pressures ease.
For now, the 2025 numbers send a clear signal: BUA Foods is not only growing—it is accelerating.
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Adron Homes Unveils “Love for Love” Valentine Promo with Exciting Discounts, Luxury Gifts, and Travel Rewards

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Adron Homes Unveils “Love for Love” Valentine Promo with Exciting Discounts, Luxury Gifts, and Travel Rewards

Adron Homes Unveils “Love for Love” Valentine Promo with Exciting Discounts, Luxury Gifts, and Travel Rewards

In celebration of the season of love, Adron Homes and Properties has announced the launch of its special Valentine campaign, “Love for Love” Promo, a customer-centric initiative designed to reward Nigerians who choose to express love through smart, lasting real estate investments.

The Love for Love Promo offers clients attractive discounts, flexible payment options, and an array of exclusive gift items, reinforcing Adron Homes’ commitment to making property ownership both rewarding and accessible. The campaign runs throughout the Valentine season and applies to the company’s wide portfolio of estates and housing projects strategically located across Nigeria.

 

Adron Homes Unveils “Love for Love” Valentine Promo with Exciting Discounts, Luxury Gifts, and Travel Rewards

Speaking on the promo, the company’s Managing Director, Mrs Adenike Ajobo, stated that the initiative is aimed at encouraging individuals and families to move beyond conventional Valentine gifts by investing in assets that secure their future. According to the company, love is best demonstrated through stability, legacy, and long-term value—principles that real estate ownership represents.

Under the promo structure, clients who make a payment of ₦100,000 receive cake, chocolates, and a bottle of wine, while those who pay ₦200,000 are rewarded with a Love Hamper. Payments of ₦500,000 attract a Love Hamper plus cake, and clients who pay ₦1,000,000 enjoy a choice of a Samsung phone or a Love Hamper with cake.

The rewards become increasingly premium as commitment grows. Clients who pay ₦5,000,000 receive either an iPad or an all-expenses-paid romantic getaway for a couple at one of Nigeria’s finest hotels, which includes two nights’ accommodation, special treats, and a Love Hamper. A payment of ₦10,000,000 comes with a choice of a Samsung Z Fold 7, three nights at a top-tier resort in Nigeria, or a full solar power installation.

For high-value investors, the Love for Love Promo delivers exceptional lifestyle experiences. Clients who pay ₦30,000,000 on land are rewarded with a three-night couple’s trip to Doha, Qatar, or South Africa, while purchasers of any Adron Homes house valued at ₦50,000,000 receive a double-door refrigerator.

The promo covers Adron Homes’ estates located in Lagos, Shimawa, Sagamu, Atan–Ota, Papalanto, Abeokuta, Ibadan, Osun, Ekiti, Abuja, Nasarawa, and Niger States, offering clients the opportunity to invest in fast-growing, strategically positioned communities nationwide.

Adron Homes reiterated that beyond the incentives, the campaign underscores the company’s strong reputation for secure land titles, affordable pricing, strategic locations, and a proven legacy in real estate development.

As Valentine’s Day approaches, Adron Homes encourages Nigerians at home and in the diaspora to take advantage of the Love for Love Promo to enjoy exceptional value, exclusive rewards, and the opportunity to build a future rooted in love, security, and prosperity.

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