Kolawole Johnson

I like satire with sanity but beauty and beast cohabit on this humbling street.

[Kolawole Johnson @strategypower]

Hmmm

[TheCableIndex @thecableindex]

Nigeria's actual external debt service payments by presidential administration (2010-2025)

Goodluck Jonathan: $1.64bn
2010: $354.42m
2011: $351.62m
2012: $293m
2013: $298.33m
2014: $346.72m

Muhammad Buhari: $10.03bn
2015: $331.06m
2016: $353.09m
2017: $464.05m
2018: $1.47bn
2019: $1.33bn
2020: $1.56bn
2021: $2.11bn
2022: $2.41bn

Bola Tinubu: $13.31bn
2023: $3.50bn
2024: $4.66bn
2025: $5.15bn

<DMO,TheCableIndex>
#TheCableIndex

[TheCableIndex @thecableindex]

What states contributed to the VAT pool and what they received in February 2026

1. Lagos
Contributed: N215.34bn
Received: N51.93bn (24.12%)

2. Rivers
Contributed: N110.78bn
Received: N29.22bn (26.37%)

3. Oyo
Contributed: N28.30bn
Received: N12.97bn (45.82%)

4. FCT
Contributed: N20.46bn
Received: N9.37bn (45.78%)

5. Bayelsa
Contributed: N19.81bn
Received: N9.38bn (47.35%)

6. Delta
Contributed: N14.42bn
Received: N9.47bn (65.68%)

7. Edo
Contributed: N13.34bn
Received: N8.83bn (66.19%)

8. Kano
Contributed: N12.02bn
Received: N11.56bn (96.22%)

9. Borno
Contributed: N6.23bn
Received: N7.86bn (126.25%)

10. Jigawa
Contributed: N5.95bn
Received: N7.90bn (132.83%)

11. Akwa Ibom
Contributed: N5.78bn
Received: N7.66bn (132.54%)

12. Niger
Contributed: N4.28bn
Received: N7.38bn (172.30%)

13. Sokoto
Contributed: N4.06bn
Received: N7.21bn (177.64%)

14. Adamawa
Contributed: N3.89bn
Received: N6.92bn (178.01%)

15. Gombe
Contributed: N3.80bn
Received: N6.50bn (171.28%)

16. Kwara
Contributed: N3.38bn
Received: N6.43bn (190.25%)

17. Kebbi
Contributed: N3.20bn
Received: N6.82bn (212.71%)

18. Plateau
Contributed: N2.84bn
Received: N6.72bn (236.25%)

19. Kaduna
Contributed: N2.78bn
Received: N8.11bn (291.79%)

20. Ogun
Contributed: N2.72bn
Received: N6.96bn (255.57%)

21. Nasarawa
Contributed: N2.54bn
Received: N6.01bn (237.21%)

22. Anambra
Contributed: N2.42bn
Received: N7.12bn (294.39%)

23. Ondo
Contributed: N2.30bn
Received: N6.73bn (293.09%)

24. Ekiti
Contributed: N2.27bn
Received: N6.21bn (273.41%)

25. Yobe
Contributed: N2.21bn
Received: N6.17bn (279.79%)

26. Abia
Contributed: N1.93bn
Received: N6.37bn (329.11%)

27. Bauchi
Contributed: N1.88bn
Received: N7.24bn (384.52%)

28. Osun
Contributed: N1.84bn
Received: N6.63bn (360.80%)

29. Taraba
Contributed: N1.75bn
Received: N6.07bn (347.59%)

30. Kogi
Contributed: N1.65bn
Received: N6.53bn (395.48%)

31. Katsina
Contributed: N1.46bn
Received: N7.71bn (526.85%)

32. Ebonyi
Contributed: N1.39bn
Received: N5.94bn (426.41%)

33. Enugu
Contributed: N1.30bn
Received: N6.45bn (494.97%)

34. Zamfara
Contributed: N1.27bn
Received: N6.44bn (508.56%)

35. Benue
Contributed: N1.05bn
Received: N6.86bn (652.53%)

36. Imo
Contributed: N905.99m
Received: N6.70bn (739.16%)

37. Cross River
Contributed: N679.58m
Received: N6.14bn (903.89%)

<FAAC, TheCableIndex>
#TheCableIndex

[TheCableIndex @thecableindex]

What the six geo-political zones contributed to the VAT pool and received in February 2026

1. South-west
Contributed: N252.78bn
Received: N91.44bn (36.17%)

2. South-south
Contributed: N164.81bn
Received: N70.70bn (42.90%)

3. North-central
Contributed: N36.20bn
Received: N49.29bn (136.17%)

4. North-west
Contributed: N30.74bn
Received: N55.75bn (181.37%)

5. North-east
Contributed: N19.75bn
Received: N40.76bn (206.44%)

6. South-east
Contributed: N7.95bn
Received: N32.56bn (409.46%)

<FAAC, TheCableIndex>
#TheCableIndex

[Kolawole Johnson @strategypower]

Hmmmmmm

[Michael Scofield🩶🦅 @Adebayo_Faboro]

DABATE BETWEEN PETER OBI AND OMOYELE SOWORE🤔😆

[Kolawole Johnson @strategypower]

Agriculture must take its rightful place in our growth at this critical time.

[TheCableIndex @thecableindex]

Crop production leads as Nigeria’s largest GDP contributor in Q4 2025

1. Crop production: 20.44%
2. Trade: 16.84%
3. Real estate: 14.57%
4. Telecommunications and information services: 8.12%
5. Livestock: 6.05%
6. Construction: 3.91%
7. Crude petroleum and natural gas: 2.87%
8. Public administration: 2.62%
9. Food, beverage, and tobacco: 2.61%
10. Professional, scientific, and technical services: 2.43%

<NBS, TheCableIndex>
#TheCableIndex

[Osas @osazenoo]

Foreigners are seeing the potentials of Nigeria way more than we Nigerians do.

[Today I Learned @TodayiLearrned]

The Secret Car Diagnostic Trick Mechanics Don't Want You to Know.

[Kolawole Johnson @strategypower]

This attests to the enterpreneural spirit of our youthful population.

[StatiSense @StatiSense]

NIGERIA DOMINATES CRYPTO TRANSACTIONS IN SUB-SAHARAN AFRICA (JULY 2024 – JUNE 2025)

1 🇳🇬 Nigeria — $92.1bn
2 🇿🇦 South Africa — $36.0bn
3 🇪🇹 Ethiopia — $24.0bn
4 🇰🇪 Kenya — $19.0bn
5 🇬🇭 Ghana — $11.0bn
6 🇺🇬 Uganda — $8.0bn
7 🇨🇲 Cameroon — $7.0bn
8 🇸🇳 Senegal — $4.0bn
9 🇹🇿 Tanzania — $3.0bn
10 🇿🇲 Zambia — $2.5bn

Nigeria received over $92.1 billion in crypto value, nearly three times South Africa which ranks second in the region.

#Statisense
(Chainalysis, 2025)

[Kolawole Johnson @strategypower]

Nigerians are still responsible for a good part of other counties' numbers.

[StatiSense @StatiSense]

NIGERIA DOMINATES CRYPTO TRANSACTIONS IN SUB-SAHARAN AFRICA (JULY 2024 – JUNE 2025)

1 🇳🇬 Nigeria — $92.1bn
2 🇿🇦 South Africa — $36.0bn
3 🇪🇹 Ethiopia — $24.0bn
4 🇰🇪 Kenya — $19.0bn
5 🇬🇭 Ghana — $11.0bn
6 🇺🇬 Uganda — $8.0bn
7 🇨🇲 Cameroon — $7.0bn
8 🇸🇳 Senegal — $4.0bn
9 🇹🇿 Tanzania — $3.0bn
10 🇿🇲 Zambia — $2.5bn

Nigeria received over $92.1 billion in crypto value, nearly three times South Africa which ranks second in the region.

#Statisense
(Chainalysis, 2025)

[Kolawole Johnson @strategypower]

Hmmm

[Daniel Regha @DanielRegha]

-Y'all criticize Sanwo-Olu over the EndSARS massacre but make excuses for Peter Obi concerning the Akwuzu SARS gruesome k'llings.

-You condemn Gumi for being a bandit advocate, yet, justified Obi being his friend or associate.

-Atiku is deemed morally corrupt, today Obi has turned political besties with him in the name of coalition.

-Wike is desperate for betraying the PDP, however Obi is a strategist for always decamping for self-interest.

-Obi is fighting for Nigerians, and same Obi supported Emefiele's cashless policy that was suffering Nigerians, backed the fuel subsidy removal, and selects what he speaks on.

-It's performative when other politicians advertise their eyeservice donations, however, Obi is genuine despite moving around with cameras.

-Obi is so accountable, and till date there's no clarity on the LP campaign donations.

-He cares about the health sector, and during his governship tenure there was a "13-month strike by government-employed doctors", and Anambra South had no public hospital until Soludo's administration built one.

-He wants to move the nation from consumption to production, and his most notable achievement in this field is partnering with the state govt to open a beer company as a sitting governor.

-Till date no clarity on the "religious war" alleged phonecall with Oyedepo, or clarity on the Deji accusations.

-He was heavily criticized from 2006 to 2013, now he's the next best thing to a messiah.

Nigerians!

[Kolawole Johnson @strategypower]

The same Maina?

[Nigerian Affairs Journal @NigAffairs]

In 2017, I was invited to meet senior Nigerian government officials in Abu Dhabi, including the Attorney-General of the Federation at the Abubakar Malami. I was asked to return and help Nigeria to recover stolen funds, and I returned, and we signed a whistle blower agreement.

Under that agreement, I was entitled to 5% of the recovered monies and assets as my whistle blower fee, and I helped recover N1.3 trillion for Nigeria and also recovered assets worth N88 billion.

To this day, I've not been paid. Instead, I was asked to share the money (N65 billion), and I refused.

- Abdulrasheed Maina, former chairman of the Pension Reform Task Team

[Kolawole Johnson @strategypower]

We got something great going for us.

[Stats Globe @statsglobe]

Fastest-Growing Emerging Tech Ecosystems in the World:

1. 🇳🇬 Lagos, Nigeria
2. 🇹🇷 Istanbul, Turkey
3. 🇮🇳 Pune, India
4. 🇧🇷 Belo Horizonte, Brazil
5. 🇮🇳 Mumbai, India
6. 🇧🇷 Curitiba, Brazil
7. 🇸🇦 Riyadh, Saudi Arabia
8. 🇿🇦 Johannesburg, South Africa
9. 🇮🇳 Chennai, India
10. 🇻🇳 Ho Chi Minh, Vietnam
11. 🇺🇦 Kyiv, Ukraine
12. 🇲🇽 Mexico City, Mexico
13. 🇱🇹 Vilnius, Lithuania
14. 🇮🇩 Jakarta, Indonesia
15. 🇮🇳 Bengaluru, India
16. 🇭🇷 Zagreb, Croatia
17. 🇧🇩 Dhaka, Bangladesh
18. 🇹🇭 Bangkok, Thailand
19. 🇨🇱 Santiago de Chile, Chile
20. 🇺🇬 Kampala, Uganda

Source: Dealroom, GTEI 2025

[Kolawole Johnson @strategypower]

Jeeeezz!
In America?
Hmmmm

[GIDI @Gidi_Traffic]

GRAPHIC: A 21-year-old anti-ICE protester holding a megaphone was permanently blinded in one eye after a federal agent fired a 'nonlethal' round at close range in Santa Ana.

[StatiSense @StatiSense]

🇳🇬FGN 2026 PROPOSED BUDGET BREAKDOWN

1 Works — ₦3.4 trillion
2 Defence — ₦3.2 trillion
3 Education — ₦2.3 trillion
4 Health & Social Welfare — ₦2.1 trillion
5 Agriculture & Food Security — ₦1.4 trillion
7 Police Affairs — ₦1.3 trillion
8 Niger Delta — ₦1.3 trillion
9 Power — ₦1.1 trillion
10 INEC — ₦1 trillion

#Statisense
(BudgetIT, Budget 2026)

[Kolawole Johnson @strategypower]

Kudos to the fellas who live the spirit of Naija for all of us.

[StatiSense @StatiSense]

FASTEST-GROWING EMERGING TECH ECOSYSTEMS 2025

Ranking
1 🇳🇬 Lagos
2 🇹🇷 Istanbul
3 🇮🇳 Pune
4 🇧🇷 Belo Horizonte
5 🇮🇳 Mumbai
6 🇧🇷 Curitiba
7 🇸🇦 Riyadh
8 🇿🇦 Johannesburg
9 🇮🇳 Chennai
10 🇻🇳 Ho Chi Minh
11 🇺🇦 Kyiv
12 🇲🇽 Mexico City
13 🇱🇹 Vilnius
14 🇮🇩 Jakarta
15 🇮🇳 Bengaluru
16 🇭🇷 Zagreb
17 🇧🇩 Dhaka
18 🇹🇭 Bangkok
19 🇨🇱 Santiago de Chile
20 🇺🇬 Kampala

Ranking based on
1 Enterprise Value 2 Unicorns 3 Funding growth
4 GDP per Capita 5 Cost of Living

#Statisense
(GTEI 2025)

[Somto Okonkwo @General_Somto]

FULL VIDEO: “HOW NIGERIA WAS RIGGED BY THE BRITISH GOVERNMENT”.-HAROLD SMITH Who Was Recruited By The British Government And Posted To Nigeria Exposed So Many Secrets About What They Did In Nigeria.

[Kolawole Johnson @strategypower]

Weird!

[Chukwuma Charles SOLUDO, CFR @CCSoludo]

I visited the Ọgbọ ogwu and adjoining market today in Onitsha. As the biggest open drug market in Africa, it is not surprising that Federal Agencies and regulatory bodies would, from time to time, visit the market to enforce standards and check the sale of fake, counterfeit, and controlled drugs in the market.

With drugs and related matters captured strictly on the exclusive list, my visit today was interventionist. First, I sought to ascertain why other markets close to the drug market in Onitsha were closed. Away from the media sensation created by a few political actors, the leadership of the Plumbing materials market, which was shut down alongside the drug market, confirmed to me that the discoveries made by the Regulators in some shops in the plumbing material market were both shocking and disturbing.

Right inside these shops were found cartons of counterfeit and controlled drugs, many of which had been banned globally. How these drugs, which have been banned globally and locally, are still being manufactured in India, pass through our various ports (sea and air), and find their way to our local drug markets remains a question only the relevant authorities can answer.

While we must rid our country of fake and counterfeit drugs, it is important for the Federal Government to tighten up the noose on the supply end of the value chain. I have directed that the search, which had commenced a few days ago, be expedited so that in less than 10 days from today, the traders at the Plumbing materials market can be allowed to reopen and commence their legitimate commercial activities.

As a government, we are already building a coordinated wholesale drug centre in Oba, Idemili South LGA, that will accommodate the new and standardized Ogbo ogwu market. This is our own contribution to ending the current chaotic market environment where fake and counterfeit drugs thrive.

ONITSHA remains the largest trading hub in Africa, we will further expand this status to a more befitting height.

May Anambra Continue to win!

[Kolawole Johnson @strategypower]

Sorry, Fury. It's Usyk, again.
2-0.
Tremendous exchange of shots and jabs.

[Kolawole Johnson @strategypower]

Certainly, the government needs to engage some more.

[Taiwo Oyedele @taiwoyedele]

THE PEOPLE’S TAX BILLS

The tax reform bills before the National Assembly are aimed at economic transformation to empower Nigerians and facilitate inclusive economic growth.

The bills are: the -

1) Nigeria Tax Bill - harmonises all the major taxes such as corporate income tax, personal income tax, VAT etc

2) Nigeria Tax Administration Bill - provides a framework for tax management covering taxpayer identification, registration, assessment, collection, enforcement, etc

3) Nigeria Revenue Service (Establishment) Bill - seeks to replace the FIRS with the NRS to perform a broader role of revenue administration in Nigeria and drive collaboration with subnational governments and MDAs.

4) Joint Revenue Board (Establishment) Bill - to transform the JTB to JRB with an expanded mandate and enhanced role for cooperation and tax harmonisation. The bill also sets up the office of the tax ombudsman to protect taxpayers and advocate for tax simplification.

Altogether, the bills offer a comprehensive overhaul of the nation’s tax framework to drive economic growth, support Nigerian households, and position the country as a competitive economy within the comity of nations. These reforms reflect a commitment to equity, efficiency, and sustainable development.

KEY HIGHLIGHTS OF THE BILLS INCLUDE:

1. Empowering the Youths with Digital Economy Opportunities: Changes to income tax laws that will attract remote work opportunities in the global business process outsourcing (BPO) sector, enabling Nigerian youths to thrive in the digital economy.

2. Boosting Exports: Goods, services, and intellectual property exports will benefit from zero-rated VAT and other incentives to enhance Nigeria’s global trade competitiveness.

3. Support for Small Businesses: Tax exemptions, including 0% corporate income tax, VAT, and withholding tax, will apply to small businesses with annual turnover of N50 million or less.

4. Relief for Workers and Households: Minimum wage earners will be exempt from PAYE (personal income tax), while over 90% of workers across the private and public sectors will see a reduced tax burden. Essential items such as food, education, healthcare will enjoy 0% VAT while rent, public transportation, and renewable energy will be exempted, providing relief for low-income households that spend nearly 100% of their income on these necessities.

5. Simplifying and Rationalising Taxes: Over 50 nuisance taxes are to be repealed, with remaining levies harmonised into a few number of taxes. Corporate income tax rates will reduce from 30% to 25% over the next two years, and earmarked taxes on companies will be replaced with a streamlined single levy.

6. Enhancing Business Competitiveness: Businesses will benefit from input VAT credits on assets and services, eliminating the minimum tax on loss-making and low-margin companies. This will lower production costs and stimulate investment.

7. Fairer Tax System for All: A redesigned tax framework will ensure progressive personal income tax, VAT, and capital gains tax while safeguarding low-income earners. Taxes on foreign currency-denominated transactions will be payable in naira, easing compliance for businesses and reducing pressure on the exchange rate.

8. Equity Among States: VAT revenue will be distributed among states based on an equitable model to reward economic contributions, rather than the current model which is skewed in favour of states with head office locations where VAT remittances are usually made.

9. Taxpayer Advocacy and Transparency: The introduction of Tax Ombudsman to improve the tax system by protecting vulnerable taxpayers and advocating for fairness.

10. A New National Fiscal Policy: A strategic framework for fair taxation, responsible borrowing, and sustainable spending will be established to guide the fiscal system.

These tax reforms aim to alleviate the rising cost of living, foster economic equity, and create a business-friendly environment to attract local and foreign investments. All tiers and arms of government are committed to driving inclusive growth and ensuring that all Nigerians benefit from a prosperous economy.

Copies of the bills are available here: https://t.co/kYReb4p0je

Support the tax reform bills, help build a better Nigeria!

#isupportthetaxbills #forabetternigeria