Connect with us


BIG STORY

Tony Elumelu Urges Unity for Stronger Nation Building at NBA Conference 2023

Published

on

Tony O. Elumelu, renowned entrepreneur and founder of The Tony Elumelu Foundation, presented an inspiring lecture at the Nigerian Bar Association (NBA) Annual General Conference, emphasising the need of unity and collaborative efforts in achieving the lofty objective of nation-building.

The conference, held in Lagos, was attended by a broad group of legal professionals, government officials, and leaders from many sectors.

Elumelu began his speech by thanking His Excellency, Asiwaju Bola Ahmed Tinubu, GCFR, the President of the Nigerian Bar Association, Yakubu Maikyau (SAN), and other prominent guests for their presence.

Elumelu’s address focused on the critical need for unity and cooperation across all segments of Nigerian society in order to achieve genuine nation-building.

He emphasised that, despite their various backgrounds, religions, and experiences, all Nigerians share a similar desire to see the country develop and thrive.

Elumelu described Nigeria’s tremendous potential, both in terms of its abundant natural resources and its track record of excellence in disciplines such as world leadership, technology, music, commerce, arts, and sports.

However, he contrasted these accomplishments with the nation’s current concerns, which include energy deficiencies, young disenchantment, insecurity, and resource plundering through oil theft and pipeline destruction.

He emphasised the significance of nation-building as a shared obligation that goes beyond the government and urged business, philanthropy, and civil society to actively participate as partners in the process of renewal and advancement.

“In business, the Nigerian private sector is showing globally our capability, our ingenuity, our institutionalisation.

“We have global businesses with Nigerian origins: Let me name one – UBA, the United Bank for Africa, the only African Bank that operates in the USA as a deposit taking bank. We are now in Dubai, Paris, and London – and just as importantly 20 other countries in Africa – who would have thought 20 years ago, that Nigeria would be home to Africa’s global bank!

“But these successes, these role models are too few, too rare.

“We know too well the reality of Nigeria at home.

“We know our energy deficits, we experience the disillusionment of our youth, manifest in the tragic loss of talent, as our young, at times, and at great risk to themselves, seek opportunities abroad, he added.

Elumelu pushed for a redoubled effort to strengthen the nation’s fundamental elements, including investments in youth, education, entrepreneurial culture, women’s emancipation, power infrastructure, social institutions, and security.

Elumelu’s appeal for a broad commitment to youth entrepreneurship and development was one of the speech’s highlights.

He referenced his own initiatives through The Tony Elumelu Foundation, which has given grants to thousands of young Africans to encourage both social responsibility and economic success. Elumelu highlighted the idea of “Africapitalism,” a term he invented and which promotes conscious capitalism, shared ideals, and equal wealth for all.

Elumelu recognised the difficulties that would need to be overcome in order to develop Nigeria, as well as the sacrifices and difficult choices that would need to be made.

He commended recent changes in economic policy that address long-standing challenges and urged continuous audacity in addressing fundamental difficulties.

Elumelu’s final appeal for action was well received. He emphasised the need for swift action, particularly in light of the urgency presented by the rising number of young people and the impending risks of climate change and resource depletion.

He exhorted all Nigerians to unite in pursuit of a wealthy, unified, and hopeful nation, transcending individual accomplishments for the benefit of the whole.

“let us approach the task of nation-building with unwavering determination, guided by the principles of unity, inclusivity, and progress.

“Let our pursuit of nation-building be characterized by unwavering determination, empathy, and the commitment to create a legacy of progress, unity, and hope for generations to come.”

Elumelu’s vision for a better Nigeria and his call to action to work together to leave a legacy of growth and unification for future generations electrified the audience as his speech came to a close.

SEO Keywords: Tony O. Elumelu, The Tony Elumelu Foundation, Nigerian Bar Association, NBA Annual General Conference, unity in nation building, collaborative efforts, Nigeria’s potential, challenges, investments in youth, entrepreneurship culture, women’s empowerment, power infrastructure, security, shared commitment to prosperity, future of Nigeria, inspiring speech, societal collaboration, sustainable growth.

SEO Description: Entrepreneur Tony O. Elumelu emphasizes unity for nation-building at NBA Conference. Urges collaboration for youth empowerment, entrepreneurship, and progress in Nigeria. Resonating call to action for a united, prosperous future.

BIG STORY

‘Bandit Kingpin’ Dogo Isah Killed As Rival Gangs Clash In Kaduna Forest

Published

on

Dogo Isah, a notorious bandit leader, has reportedly been killed during a violent clash with a rival group in Kaduna state.

Isah, “infamous for leading high-profile attacks and terrorising residents in Kachia and parts of Kajuru LGA,” was involved in a confrontation over cattle rustling in Kachia forest on January 7. He was a cousin to Tukur Sharme, another bandit leader killed in a similar fratricidal clash in September 2024.

Zagazola Makama, a counter-insurgency publication covering the Lake Chad region, reported that Isah and his gang attempted to rustle cattle from a camp led by Kachalla Musa, a repentant bandit leader, which led to the confrontation.

Isah died alongside two of his gang members during the ensuing gun battle. Musa and his faction had recently embraced a peace initiative from the Kaduna state government and security agencies, following a meeting with stakeholders in Tsohon Gaya village, Chikun LGA.

“The initiative, which encourages former bandits to surrender and cease hostilities, had been extended to Dogo Isah, but he rejected the offer and continued his criminal activities, including cattle rustling and violent attacks,” the report noted.

“Dogo Isah’s group has been responsible for several high-profile attacks in the region, including the deaths of members of the 305 Artillery Demo Regiment in Makaranta Forest, Kagarko LGA, and an officer of the defunct Sect 4 OPWP near Gadan Mallam village along the Abuja-Kaduna road in 2022.”

“More recently, Dogo Isah’s group attacked Nigerian Navy personnel at a checkpoint in Kujama on January 5, 2025, resulting in the deaths of two Navy personnel and the theft of their AK-47 rifles.”

Makama warned that while Isah’s death may be seen as “a setback to banditry in Kaduna state, it has heightened fears among the recently repentant members of Kachalla Musa’s group.”

The report also added that Isah’s followers are now apprehensive and may be plotting a reprisal.

Continue Reading

BIG STORY

Court Summons Interior Minister Tunji-Ojo, AGF Over Proposed Expatriate Employment Levy

Published

on

A federal high court in Abuja has summoned Olubunmi Tunji-Ojo, the minister of interior, and Lateef Fagbemi, the attorney-general of the federation (AGF), over issues related to the expatriate employment levy (EEL).

The ministers are required to appear before the court on January 16 to justify why the proposed expatriates taxation regime should not be halted.

Inyang Ekwo, the presiding judge, issued this ruling on Thursday following a motion ex parte presented by Patrick Peter, counsel representing the plaintiff.

Ekwo directed that the minister and the AGF be served with the motion within three days of the order.

The suit, marked FHC/ABJ/CD/1780/2024, was filed by the Incorporated Trustees of New Kosol Welfare Initiative.

The group seeks an order of interim injunction to prevent the defendants from implementing the new expatriates’ taxation regime in Nigeria until the motion is heard and decided.

In the affidavit attached to the suit, Raphael Ezeh, programme implementation coordinator of the group, stated that the EEL taxation policy was announced by the federal government on Tuesday, February 27, 2024.

“According to KPMG and other online information analysts and dissemination agencies, the federal government intends to compel all companies and organisations who engage the services of foreign expatriates to pay tax E.E.L. as follows: For every expatriate on the level of a director — Fifteen Thousand United States Dollars ($15,000.00) equivalent to Twenty-Three Million Naira, by the current exchange rates (NW23,000,000.00) per annum,” he said.

“For every expatriate on a non-director level – Ten Thousand United States Dollars ($10,000.00) equivalent to Sixteen Million Naira, by the current exchange rates (N16,000,000.00) per annum.”

Ezeh stated that the federal government has also proposed additional regulations, including penalties and sanctions for non-compliance with the proposed taxation regime.

According to him, inaccurate or incomplete reporting will result in five years imprisonment and/or N1 million.

He explained that failure by a corporate entity to file EEL within 30 days will attract a penalty of N3 million.

Similarly, failure to register an employee within 30 days or the submission of false information will also incur a penalty of N3 million.

Ezeh added that failure to renew the EEL before its expiry date will attract a penalty of N3 million.

“The proposed taxation regime is totally an anti-people policy because of its radical effect on different aspects of the Nigerian economy, and it works like a choke-hold against the economic growth of the nation,” he said.

He emphasized that taxation is a sensitive issue, requiring collaboration between the executive and legislative arms of government under the 1999 Constitution (as amended).

He noted that, under section 59 of the constitution, the executive alone lacks the authority to impose taxes on corporate bodies and citizens.

Ezeh added that the current tax regime is “significantly more favourable to expatriates” compared to the proposed system.

“If the defendants are not restrained by an order of this honourable court, they will commence full implementation of the said programme, thereby threatening the nation’s economic sustainability,” he said.

The matter was adjourned to January 16 for the defendants to appear before the court and show cause.

The federal ministry of interior had suspended the implementation of the EEL in 2024 to allow for further consultations with the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) and other stakeholders.

Continue Reading

BIG STORY

JUST IN: Court Remands Lagos Teacher For Assaulting 3-Yr-Old Boy

Published

on

A 45-year-old teacher from Christ-Mitots International School, Stella Nwadigbo, has been remanded by a Magistrate Court in Ogba for allegedly assaulting a three-year-old child in the Ikorodu Local Government Area of Lagos State.

Nwadigbo, who was suspended by the school management in response to public outcry, was remanded by the court at Kirikiri Correctional Facility, awaiting the next hearing on February 18, 2025.

The teacher was remanded on Thursday after the Police arraigned her for beating a pupil, “Micheal Abayomi,” who was unable to write the numbers 16 and 61 during school hours.

 

More to come…

Continue Reading



 

Join Us On Facebook

Most Popular