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Nigeria Scores New Own-Goals On NYSC Trust Fund

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What is really wrong with Nigeria? People, they have another bill to tax companies. Yes, the new one is called a National Youth Service Corps Trust Fund: 

““A Bill for an Act to Establish National Youth Service Corps Trust Fund (NYSCTF) for the purpose of providing a Sustainable Source of Funds for the National Youth Service Corps, Skill Acquisition, Training and Empowerment of Corps Members, Training and Retraining of the Personnel of the National Youth Service Corps, Development of Camps and NYSC formations and Facilities therein; and for Related Matters.

Lauding the passage, a group, the Centre for Social Justice, Equity and Transparency expressed gratitude to the House of Representatives, for passing the bill into law.

At a press briefing in National Assembly in Abuja, Comrade Isaac Ikpa, the Convener of the group, urged the Nigerian Senate to tow the line of their counterparts, by concurring to the Bill, while calling on President Muhammad Buhari, to speedily assent to the Bill, when sent by the National Assembly.”

This is not fair in any way to companies which will pay these taxes. Companies are already over-taxed with ITF, Education Tax, and an amalgam of many which run from funding information technology to law enforcement. As that is happening, banks are helping the government to deduct all kinds of fees from company accounts.

I sent a bank Executive Director my company US bank statement and the statement from his bank. In the US one, provided I can keep a minimum of $2,500 balance per month (daily average), there will be ZERO fee. But in Nigeria, I have no mechanism to avoid bank and government fees.

I have postulated here that more taxes will not fix our educational system. Rather, we need to find creative ways to make it possible for creators of jobs to see the need to build pipelines of talent in the nation..

The business climate needs to be improved upon and these mindless and unproductive taxes must be curtailed. Sure, I am not against NYSC but I do not think funding it should become another burden to companies after ITF, education tax, VAT, etc which companies pay. And after paying for those things, you do not have light, water, and security. Somebody may ask: why are companies paying those taxes?

We need a new redesign for the future of Nigeria. Companies are not unlimitedly able to fund everything in the nation after paying their statutory corporate taxes. In this age of AfCFTA (the free trade agreement in Africa), we are scoring many own-goals to depress Nigeria’s continental competitiveness.

Comment on LinkedIn Feed

Comment: is is literally the opposite of your proposal. These people are depraved.

My Response: Honestly. This is happening when some countries are deepening their competitiveness through tax/fees efficiencies. This is one of the reasons why I am in support of fiscal federalism where states keep what they earn and pay “taxes” to the federal government. With all these fees, even if a state governor removes all local taxes, the SMEs may not even notice that gesture, because there are still many taxes to pay to government (who cares if it is state or federal)

As Your Federal Minister, I Will Fix Nigeria’s Educational System

Federal Government Of Nigeria Launches Job Opportunities Website For Unemployed Youths

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Due to the high rate of unemployment in the country, in a bid to mitigate it, the federal government of Nigeria has recently launched a unified job opportunity website for unemployed youths in the 36 states of the federation. This news was disclosed by the Minister of Youths and Sports Development, Mr. Sunday Dare who made it known after a three-day sensitization workshop on the use of the Nigeria online youth assembly (NOYA) platform held simultaneously at the National youth development center of Ode Omu in Osun state.

The minister further explained that the NOYA is an initiative of the federal ministry of Youths and Sports Development, developed to empower Youth in Nigeria by disseminating timely information on career-enhancing training, jobs, and employment placement opportunities via a unified platform.

In his words, “The Federal Ministry of Youth and Sports Development believes that the energy, skills, and aspirations of young people are crucial assets that no country can afford to waste, and helping them realize their full potential by gaining access to employment is no doubt a prerequisite to poverty eradication and sustainable development. Rather than seeing youth as a burden to the society, the creation of a youth job template offers the government a distinctive opportunity to focus on employment and job creation for young persons in the country”.

Nigeria’s unemployment rate is estimated to reach 33 percent in 2022. Also according to statistics, Nigeria’s youth population eligible to work is about 40 million out of which only 14.7 million are fully employed and another 11.2 million are unemployed. It is shocking to note that Nigeria’s unemployed youth of 13.1 million is more than the population of Rwanda and several other African countries.

The youth population is also about 64 percent of total unemployed Nigerians suggesting that the most agile working-class population in the country remains unemployed. Looking at all these stats above-mentioned, the government creating a website doesn’t even solve one-third of the unemployment rate in the country. Creating a website for unemployed youths in the country is a very minute thing to do considering the high alarming rate of unemployed individuals.

There are already a large number of websites on the Internet where eligible unemployed youths can apply for jobs online, yet the unemployment rate is still increasing. This website created by the government just added to the bunch of websites already existing on the internet. A government hell-bent on mitigating the unemployment rate in the country will do more than just create a website which any organization can do.

Considering how a large number of the Nigerian workforce are idle, the approach of the government should be more substantial and effective which should be set up that will take a large number of unemployed youth off the street. The government should invest more in skill acquisition programs as well as the establishment of workshops and technical centers where unemployed youths can enroll and learn a skill that will be able to sustain them. This particular approach will soak up millions of unemployed youths as it doesn’t even require a degree before one can apply

Also, school curriculums need to be upgraded with the inclusion of vocational courses as well as practicals. The government should change the secondary/ university curriculum to introduce subjects to train students and undergraduates for skills that are lacking, but essential for the labor market of today. A lot of jobs today necessarily do not require degrees but skills.

The present limited curriculum must change to add subjects such as cybernetics, Coding, robotics, computer animation, web courses, data capture, and other technical courses that are relevant in today’s world. If this can be implemented effectively, graduates will become more qualified for positions in the current labor market and reduce unemployment in Nigeria. 

While students learn to gain knowledge, they are also equipped with skills that can be very helpful to them in case they fail to secure a job with their certificate, the skills can come in handy as a backup plan.

X-raying The Alarm Raised By Clerics, Ohanaeze, Others On Nigeria’s 2023 Elections

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Some eminent Nigerians including the President of the Christian Association of Nigeria (CAN), Rev. Samson Ayokunle and the Sultan of Sokoto, Sa’ad Abubakar, recently warned that widespread insecurity across Nigeria was and remained the greatest threat to the forthcoming 2023 general elections in the country.

Other individuals and groups who had spoken in similar vein include the Secretary-General of the Ohanaeze Ndigbo, Okey Emuchay; the National Secretary of the Ijaw National Congress (INC), Ebipamowei Wodu; the representative of the Northern Elders Forum (NEF), Prof. Yusuf Usman; Aare Ona-Kakanfo of Yorubaland, Gani Adams; the Convener of Niger-Delta Self-Determination Movement, Ankio Briggs; as well as a member of the Indigenous People of Biafra (IPOB), Diaspora Government, Udeh Christian Iwuagwu,  amongst others.

They spoke on 12th April 2022 during the Inclusive Security Dialogue Retreat jointly organized by the Global Peace Foundation and Vision Africa, in Abuja, warning that there might be no election in 2023 if the current spate of insecurity in the country wasn’t aptly not checked.

The CAN President, Rev. Ayokunle in his submission said, “Care must be taken to ensure that the 2023 election does not become a sham. Insecurity, if it is not taken care of, by the government, there will be no 2023 general elections.

“Going by the present state of affairs in the country, are we sure the bandits and terrorists will not overrun the country before 2023? These criminals are moving from one level of sophistication and recklessness to another. Nigerians want a better society, and if we do not deal with this insecurity, I don’t think there will be any election in 2023.

“Why has the government not deemed it fit to expose those financing terrorism and insecurity in Nigeria? For whose benefit are you hiding their identity? Nigerians want to know those who have put us in this mess as well as those who are siding and abetting them.

“If we are going to have a free and fair 2023 election, we must embrace home-grown democracy which recognises our complexities and is ready to make sure that we distribute things fairly so that the six geo-political zones are drafted into the leadership of this country at all times, so that every region will have a sense of belonging because no one wants to play the second fiddle.”

In the same vein, the Sultan of Sokoto, represented by the Co-chairman of the Interfaith Dialogue Forum for Peace, Kunle Sanni, among others, said, “A lot of people have been arrested over banditry and terrorism, but how many of them have been jailed or executed? These people have killed thousands of people. Some people should pay for all these atrocities.

“The National Security Adviser and the Service Chiefs should all resign by now, because they have failed. Let us get new people with fresh ideas to confront the situation.

“The President, Muhammadu Buhari knows how to recruit people to work for him, but he doesn’t know how to sack them. Unless we all speak up and tell each other the truth, there may be no Nigeria even in 2023. We don’t pray so.

“In Nigeria, the bane of our problem is corruption. Anywhere people think there is money, a lot of corrupt elements move to that side. The issue of insecurity in Nigeria is the new crude oil, because that is where the money is.”

On his part, the Ohanaeze Ndigbo scribe, Okey Emuchay said, “As soon as the issue of the Igbo presidency took a life of its own, the spate of insecurity heightened in the South-East. Today, Anambra is under siege. People are being killed; public assets are being destroyed to the point where the State Governor has shut down all the local government headquarters. It is that bad.

“We (Igbos) are part of Nigeria and no amount of intimidation or insecurity or blackmail will make us less Nigerians. We are the most federated of all the units in Nigeria and we have contributed to the utmost development of every part of the country. We have paid our dues in Nigeria.”

Furthermore, the representative of NEF, Prof. Yusuf Usman argued that Nigeria’s slide into anarchy began with the scrapping of history as a stand-alone subject from the school curriculum, noting the elders had lost control of the youths across the country.

He hence stated that banditry was not a military problem, but a social issue which must be addressed through justice and social reorientation.

While Mr. Udeh Christian Iwuagwu, a member of the IPOB Diaspora Government, said the solution to Nigeria’s insecurity was linked to restructuring of the federation. He therefore called for a referendum to allow the people determine how they want to be governed.

Also, the Secretary of the INC, Mr. Ebipamowei Wodu decried the economic injustices being faced by the Niger-Delta people. His colleague, Ms. Ankio Briggs who also spoke on the occasion equally opined that the requirement of ‘State of Origin’ in government activities was divisive and should not be encouraged by all and sundry.

Earlier at the event, the Facilitator of the Retreat, Bishop Sunday Ndukwo Onuoha said, “As Nigeria treads the path to yet another election in 2023, it is imperative that all stakeholders join hands to tackle these problems.

“We must deliberately choose to be part of the solution and not part of the problem. Men of good conscience and consciousness must rise above ethnic sentiments and religious fanaticism to address these bedeviling challenges as our common enemy.

“In dealing with the security situation in Nigeria, we must stop ethnicizing it. We must rise to salvage our generation, and no one can do it for us. The time for silence and wringing our hands in helplessness must stop. Let us take hope home, and reassure the people that peace exists in the threshold.”

These calls, as highlighted herein, aren’t unusual with the ones earlier made across the lengths and breadth of Nigeria and beyond by all well-meaning individuals and entities, yet the troubles bedeviling the country continue unabated as if she isn’t led by any person or group.

This is a strong indication that something fishy is really happening under our collective nose, hence the need for a holistic check and cross-examination among all concerned parties within and beyond.

At this juncture, Nigerians as a people must take the bull by the horn by ensuring that the chaffs are duly and aptly separated from the grains as the country passes through another electioneering era.

This can only be done by telling ourselves nothing but the gospel truth.

Attend Tekedia Growth Hour with Your Staff and Colleagues

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During Tekedia Mini-MBA, we schedule Tekedia Growth Hour with groups and corporate participants attending our program. We use the opportunity to discuss, at more specific levels, how some of the frameworks and business models we have studied could be applied in the companies. We do batch this throughout the program. I personally coordinate that via Zoom.

Tekedia Mini-MBA has many group benefits. They include big bulk discounts, brand mentions on Tekedia and other channels, and Tekedia Growth Hour. We want to welcome your company.

 Go here and register your staff, and get them ready for the Growth ahead.

Law, culture, and tradition as the enablers of domestic violence in Nigeria

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At a time like this where domestic violence is on a high scale, there’s no better time to let our readers know that domestic violence is legal and lawful in some jurisdictions in Nigeria and it is also culturally backed in most traditional societies.

For instance, in the northern part of Nigeria where the law there is the penal code, domestic violence was made lawful by s. 55 of the penal code act, not just in that region in Nigeria, in other regions where Islamic religion is practiced and they follow the Islamic rules, domestic violence is also permitted.

A husband is permitted to flog or beat up his wife for the purpose of correcting or cautioning her. So a man can lawfully beat his wife. It is lawful hence it cannot be tagged as domestic violence but correction.

So the issue with domestic violence is fundamental. Wives are not to be treated as equals or partners to the husband but subordinates who are to be beaten or brutally trained by the husbands.

Also, due to the traditional bride price that is expected to be paid by the husband in the exchange for the wife, then some men feel that they purchased the wife and the wife is their property to be treated however they like. You hear some men making some justification that women are their chattels and never their equal partner. 

For instance, in Igbo land, some women address their husbands as “onye nwem”, meaning “my owner”. This is to say that the wives acknowledge the fact that they are being purchased and owned by their husbands just like every other property.

There is really a great need for the adjustment and amendment of some laws, cultural and religious rudiments of the society for us to ameliorate and put an end to this domestic violence of a thing. Some men are naturally beasts who can beat up and physically assault their wives at the slightest provocation and these cultures and religions permit them to unleash their beast mode on their wives.

I will definitely write much on domestic violence in the coming days because after my last post on it I got a lot of feedback from women who have been suffering in silence; some of these women feel it’s okay for their husbands to beat them as a way of cautioning or correcting them, some of the women are too scared to leave the marriage, some are scared of starting all over, some are considering what people will say. Whatever your reason might be that you are still in that marriage/relationship, remember that it’s better to be alive than to be in that relationship.