Remo Day 2025: Aare Emmanuelking Salutes Akarigbo, Ogun Governor, Calls for Continued Cultural Progress

The Otun Akile of Remoland and Chief Executive Officer of Adron Group, Sir Aare Adetola Emmanuelking, KOF, has extended formal felicitations to the Akarigbo and Paramount Ruler of Remoland, His Royal Majesty, Oba (Dr.) Babatunde Adewale Ajayi, and all sons and daughters of Remoland on the occasion of the 2nd Remo Day Celebration, described the event as a significant affirmation of Remo heritage, unity, and progress.

In a goodwill message to mark the celebration, Aare Emmanuelking noted that Remo Day reflects the resilience, cultural pride, and collective aspiration of the Remo people, whose unity continues to drive sustainable growth and communal advancement.

He commended His Royal Majesty for his visionary leadership and praised the traditional institution’s stabilising role in promoting peace, cultural continuity, and good governance across Remoland.

Aare Emmanuelking also acknowledged the presence of the Executive Governor of Ogun State at the celebration, describing it as a demonstration of solidarity with the Remo people. He saluted the Governor’s purposeful leadership and commitment to good governance, noting the positive impact of his administration’s development policies across the state.

According to him, Remo Day transcends ceremony, serving as a symbolic homecoming that honours the sacrifices of the forebears while strengthening unity and shared responsibility for development.

He further applauded the contributions of Remo indigenes at home and in the diaspora, whose enterprise and collaboration continue to position Remoland as a centre of economic vitality and social harmony.

“As a proud son of Remoland, I am inspired by the unity and sense of purpose that define our people,” he stated, adding that the celebration should further deepen cohesion and accelerate sustainable development.

On behalf of his family, the Board of Directors, and the Management of Adron Group, he wished His Royal Majesty and all Remo sons and daughters a successful and memorable Remo Day celebration.

He concluded with prayers for the continued peace, prosperity, and development of Remoland and Ogun State, reaffirming his loyalty and commitment to the land and its people.

Tax Truth and National Transformation: Chairman Taiwo Oyedele Clarifies Niger­ia’s Tax Identification Number (TIN) Policy.

By George Omagbemi Sylvester | Published by SaharaWeeklyNG.com

“Separating Fact From Fear in the 2026 Tax Reforms.”

In a defining moment for Nigeria’s fiscal future, the Chairman of the Presidential Fiscal Policy & Tax Reforms Committee, Taiwo Oyedele, stepped forward this week to clarify mounting concerns over the implementation of Tax Identification Numbers (TIN) under the new tax regime set to take effect on January 1, 2026. His message was clear, direct, and rooted in law — dispelling misinformation that has inflamed public anxiety and threatening to mislead millions of Nigerians about their financial rights and obligations.

This development is not just a bureaucratic footnote — it is at the heart of Nigeria’s boldest tax reform in decades, with implications for citizens, businesses, financial institutions, investors, the diaspora, and the very fabric of governance and economic accountability in the nation.

Understanding the TIN Clarification in Context

One of the most contested points of Nigeria’s new tax landscape revolves around the Tax Identification Number — a unique identifier that links individuals and entities to the tax system. The Tax Identification Number (TIN) is not a new concept in global tax governance; developed economies use similar systems to ensure transparency, reduce evasion, and widen the tax base. In the Nigerian context, this system is now being harmonised with existing identity frameworks, particularly the National Identification Number (NIN) for individuals and the Corporate Affairs Commission (CAC) Registration Number for companies.

However, social media, speculation, and fragmented reporting have fueled widespread fears that Nigerians could lose access to bank accounts, have their savings frozen, or be automatically debited by the government beginning January 2026 if they do not possess a TIN. These claims (repeated in viral posts and sensational headlines) lacked grounding in the actual law.

Mr. Oyedele’s clarification could not be more overdue.

“Fact, Not Fear”: The Chairman’s Core Message

In a widely circulated social media post tagged “FACT NOT FEAR”, Taiwo Oyedele took aim directly at misinformation.

He stated emphatically that:

A Tax Identification Number is required only for income-earning or business accounts, not every bank account held by Nigerians.

The notion that personal savings accounts will be frozen or automatically debited without a TIN is false and not supported by law.

The requirement for a TIN was already embedded in Nigerian tax law and has existed since January 2020, predating the new tax reforms.

Tax ID is intended for identification and data harmonisation, not as a punitive tool.

In his own words: “If they make a claim, ask them: ‘Where is it in the law?’ Evidence beats emotion.”

This was not just a statement — it was a call for Nigerians to demand substance over sensationalism, and to base public discourse on legal fact rather than fear-mongering.

Peeling Back the Layers: What the Law Actually Says

At the core of the confusion is the Nigeria Tax Administration Act (NTAA) and associated Tax Reform Acts, which commenced roll-out in 2025 and take full effect in 2026. These laws are intended to streamline tax administration, enhance compliance, widen the tax net responsibly, and link all taxable persons to a unified tax identity.

The idea behind TIN integration with NIN for individuals and CAC numbers for businesses is designed to simplify taxpayer data, prevent duplication, reduce tax evasion, and provide a comprehensive database that ensures all eligible persons and entities are accounted for.

Crucially, this does not mean that everyday Nigerians with strictly personal accounts are being compelled to re-register or face punitive action. The government and tax officials have clearly stated that:

Personal bank accounts used purely for personal purposes do not require TIN linkage.

Taxable persons (those who carry out trade, business, or income-generating activities) are the focus of the TIN enforcement.

Existing TINs already issued remain valid; there is no need for re-registration.

In legal terms, the policy is an expansion and harmonisation, not a new imposition on ordinary Nigerians who do not earn taxable income.

Expert Voices and Broader Implications. Fiscal policy experts and renowned economists have weighed in on the necessity of widening the tax base for sustainable development. According to multiple reports, Nigeria’s pool of active individual taxpayers is substantially low, estimated at less than 10 million in a country of over 220 million people — a statistic that dramatically underscores the urgency for credible data and modernised tax administration.

As one respected tax analyst recently commented, “A modern tax system cannot thrive on guesswork. Unifying tax identifiers with national identity parameters is a global best practice that fosters accountability, transparency, and fairness.” — Prof. Adebayo Ainsworth, Senior Fiscal Policy Scholar.

Another specialist in the field, Dr. Funke Adewale, noted: “The adoption of TIN integration with NIN and CAC numbers is not punishment; it is the architecture of a tax ecosystem that Nigeria has long needed. It moves us toward a future where compliance is seamless and equitable.”

Such views reflect a consensus among economic scholars: Nigeria cannot develop robust infrastructure (from roads to healthcare to education) without expanding the tax net intelligently and fairly.

Addressing the Critics

Not everyone agrees with the implementation strategy. Critics such as Prof. Nwanolue have labelled the requirement as “double taxation” and an added burden on citizens already struggling under economic hardship.

Yet, critics often conflate the idea of paying taxes with economic growth. True tax reform must strike a balance between fairness and efficiency — ensuring those who earn and do business contribute fairly, while protecting and shielding vulnerable citizens from disproportionate demands. Taiwo Oyedele’s clarification is a step in that balancing act, addressing misconceptions without diluting the reform’s intent.

Why This Matters. This entire debate is not about petty bureaucratic regulation. It is about Nigeria’s future and the architecture of revenue generation in the 21st century. Effective tax policy is the lifeblood of any viable state. A government without strong revenue systems cannot fund security, education, infrastructure, or social safety nets. A 21st century Nigeria must ground its fiscal policies in clarity, justice, and global best practice.

Taiwo Oyedele’s intervention is a defining moment in public policy communication. His clarity, insistence on evidence over emotion, and insistence on grounding the discourse in statutory reality is precisely the leadership Nigerians deserve. The public deserves transparency, not terror; facts over fear; structural reform over confusion.

And as Nigeria prepares to implement its most significant tax reform in a generation (harmonising tax identity and enforcement for a more accountable future) citizens, experts, investors, and policymakers must remain engaged, informed, and vigilant.

Nigeria’s Tax Identification Number policy is not a weapon of fear but an instrument of accountability. Its true purpose is administrative efficiency, fairness, and long-term economic resilience. As Mr. Oyedele emphatically stated: “Don’t panic.” Ask hard questions. Demand evidence. Seek understanding. Nigeria’s tax reforms can be constructive, inclusive, and transformative; as long as the debate remains rooted in truth, not rumors.

In the battle for Nigeria’s economic future, clarity is strength and knowledge is the ultimate tax that every citizen must pay.

FirstBank Introduces Exclusive 500-Seater Bleacher at Carnival Calabar & Festival 2025

Lagos, 26 December 2025 – FirstBank, West Africa’s premier financial institution and financial inclusion services provider, has officially announced its sponsorship of the Carnival Calabar & Festival 2025, unveiling a landmark addition set to redefine the carnival experience — the first-ever private premium seating area at the event.

The highlight of FirstBank’s participation is the construction of a 500-seater premium bleacher, designed to provide comfort, safety, and an elevated viewing experience for carnival enthusiasts.

Speaking on the sponsorship, the Acting Group Head Marketing and Corporate Communications, FirstBank, Olayinka Ijabiyi, noted that the carnival aligns with the Bank’s First@Arts initiative, a platform dedicated to supporting the creative arts value chain across Nigeria. He said, “We recognise the transformative power of the arts, including carnivals, in inspiring people and strengthening national unity. For more than 131 years, we have supported platforms that promote self-expression, social reflection and cultural exchange. Our investment in the Carnival Calabar & Festival demonstrates our commitment to preserving the nation’s rich cultural heritage through First@Arts.”

“As part of our sponsorship this year, we are introducing the first-ever private 500-seater premium bleacher to further elevate the carnival experience. This exclusive seating is designed to provide exceptional comfort and an unforgettable viewing experience for attendees,” Ijabiyi added.

The Chairman of the Cross River State Carnival Calabar Commission, Gabe Onah, also commented on FirstBank’s sponsorship. “FirstBank’s involvement is a strong demonstration of private-sector support for culture and tourism. This partnership not only enhances the overall quality of the carnival but also strengthens its global appeal,” he said.

The Carnival Calabar & Festival 2025 is officially marketed by Okhma Global Limited, the appointed Official Marketer responsible for brand partnerships, promotional engagements, and ticket sales. Okhma Global Limited has partnered with the Cross River State government in delivering Carnival Calabar & Festival for over ten years, playing a key role in strengthening the carnival’s commercial growth and global visibility.