Dr. @abati1990 is trending, and I took a moment to find out why. I came across a video where he gave his assessment of the rather rugby-style interview conducted by Mehdi Hasan with Daniel Bwala. As expected, the reactions quickly followed. But what became obvious was that much of the backlash had little to do with the substance of his analysis and more to do with the intolerance some people have for viewpoints that do not align with their preconceived narratives.
What many of these online irritants fail to realize is that public discourse thrives on differing perspectives. Unfortunately, a section of the commentariat has been so conditioned to interpret everything through a negative lens that any opinion that departs from that script immediately becomes a target.
In a healthy intellectual environment, assessments should be weighed on their merit, not dismissed simply because they challenge popular outrage or the prevailing mood online.
Geregu Power appoints Abdulaziz Yari chairman as Otedola resigns after selling stake
Geregu Power Plc has appointed Abdulaziz Yari as chairman of its board of directors following the resignation of Femi Otedola.
The changes were announced on the Nigerian Exchange (NGX) and approved at the company’s board meeting held on Monday, after a change in the ultimate beneficial ownership of its issued share capital.
https://t.co/TTm86dvtRU
SANWO-OLU CONGRATULATES BABAJIDE KOLADE-OTITOJU ON APPOINTMENT AS TVC'S DIRECTOR OF NEWS
The Governor of Lagos State, Mr Babajide Sanwo-Olu, has congratulated renowned and award-winning journalist, Mr Babajide Kolade-Otitoju, on his new appointment as the Director of News of Television Continental (TVC).
He described Kolade-Otitoju's appointment as deserving, considering his experience, commitment and long years of service in the media industry, particularly at TVC.
Governor Sanwo-Olu, in a statement issued on Friday by his Special Adviser on Media and Publicity, Mr Gboyega Akosile, said Kolade-Otitoju, as an award-winning journalist and seasoned media practitioner with over 30 years of experience in the sector, has what it takes to deliver effectively in his new assignment.
He said: “On behalf of my family, the government and the people of Lagos State, I congratulate Mr Babajide Kolade-Otitoju on his new appointment as the Director of News of TVC. The appointment is well deserved based on his hard work and commitment to the media organisation.
"BKO, as Babajide Kayode-Otitoju is fondly called, is an inspiration and role model to many journalists, both in the print and broadcast media, especially members of staff of TVC Communications, where he has made positive impacts for many years.
“I believe that his appointment is well deserving, having proved his mettle in the pen pushing profession, with a proven track record of excellence in journalism.
"I wish Babajide Kayode-Otitoju success in his new assignment as the Director of News of TVC."
@jidesanwoolu@drobafemihamzat@gbenga_omo@gboyegaakosile@LanreBajulaiye@BarrBimbola@Mr_JAGs@Riddwane
#AGreaterLagosRising
#LASG
This country was birthed as a federation. The imperative of the moment is to restore a federal structure that challenges and rewards creative efforts by the states to build up their subnational economies and governance capacity and frees the Federal Government to better discharge its core responsibilities to secure the country, grow its economy and be the leading voice of the Black race in international relations. A unique opportunity beckons for the federal and state governments and the 10th National Assembly to further accelerate the evolution of a better functioning federation within the next 12 months.
https://t.co/822p0pl5l9
Stop making a fuss about Air Peace's Isi-agu flight attendant uniform. You are being myopic. Look at the big picture. A Nigerian airline, Air Peace, is flying to Gatwick Airport, London, which is owned by a Nigerian, Bayo Ogunlesi. They flew on Jet Fuel, refined by Dangote Refinery. This is a big triple achievement for Nigeria. God won. Nigeria won. East won. West won. North won. And our Naira is winning because of #GrowNairaBuyNaija. That is the big picture you are not seeing because you think your tribe is the big picture!
Every year, MTN Nigeria Limited makes ₦2 trillion in revenue from Nigeria. That is more money than Nigeria spends on critical infrastructures annually. Almost 100% of MTN Nigeria's profit after tax is repatriated to South Africa. Please fact-check me. The same is true for DSTV, which makes ₦300 billion annually from Nigeria.
Do you know the massive downward pressure that a combined total of almost $5 billion that MTN, DSTV, and other South African companies repatriate back home to South Africa annually from Nigeria has on the Naira? Think people. Think! That money is leaving Nigeria to support the purchasing power of the South African Rand. Actions have consequences.
Now, how many major Nigerian companies are doing business in South Africa? Please fact-check me again. Under the South African Income Tax Act, South Africa places a 28% tax on foreign companies doing business in their country.
And in addition to the 28% tax you pay, you have limits on how much of your profits you can repatriate to your home country. And even the amount you can repatriate is subject to an additional repatriation tax, different from the initial 28% tax you pay.
Nigerians must stop emoting and start reasoning. We ought to place far higher taxes on South African companies doing business in Nigeria than the taxes paid by Nigerian companies, especially where Nigerian companies are competing with those South African companies. And we should also limit their abilities to repatriate profits from Nigeria to South Africa.
This may be reduced for those South African companies doing business in areas where we have a shortage of local companies with the ability to compete, and for which there is a high need.
That is what Europe, America and Canada are doing to us. Placing serious obstacles on immigrant visas for regular Nigerians, but lowering the bar for Nigerian doctors, nurses, and teachers, because they need those Nigerian professionals due to shortages in their homelands.
What did Christ say in the Gospels?
"From whom do the kings of the earth collect duty and taxes—from their own children or from others?” “From others,” Peter answered. “Then the children are exempt,” Jesus said to him.-Matthew 17:26.
Prophet Muhammad (Sallallahu Alayhi Wasallam) also placed Jizya Tax on foreigners.
And why should we even have MTN in Nigeria when Globacom can provide the same services that MTN provides, and their revenue and profit are circulating in Nigeria? Why?
Our tax regime must work first in favour of Nigerian companies the way South Africa's tax regime works to favour South African owned businesses.
Nigeria must be run in a businesslike manner.
This is a practice in the European Union, England and the United States. Let me give an example.
The EU, UK, and the US allow African countries to export cocoa and coffee to their domains without much taxes. But if any African country attempts to refine their cocoa into chocolates or their coffee into instant coffee, they get slapped with a heavy import tax.
As a result, and please fact-check this, the whole of Africa, including Nigeria, makes a paltry $2.4 billion from chocolate imports. In comparison, Germany alone makes over €4.5 billion (Euros, not dollars) annually refining and re-exporting cocoa imported from Africa. That is double what the entire African continent makes from her sweat. How is that fair?
That only happens because sub-Saharan African countries, with perhaps the exception of South Africa, do not have reciprocal tax regimes.
The EU, UK, and US are very good at using tariffs and retaliatory actions to promote their own military-industrial complexes. We must also be alive to this and assert ourselves economically.
Let us impose exactly the same taxes that Germany and the EU impose on our cocoa and coffee on Lufthansa. We can spare Siemens because we need them to boost our power infrastructure. They cannot complain. It is economic tit for tat.
#TableShaker
BREAKING: Court Orders Remand Of Popular Nigerian Skit Maker, 'Trinity Guy' In Prison For ‘Sexualising Female Minor’ In Video | Sahara Reporters https://t.co/0r66ghRcjr