AkinfeAyo's blog

Peter Obi calls on Tinubu to hold public hearing before introducing new tax reforms

FORMER presidential candidate and Anambra State governor Peter Obi has called on the federal government to hold public hearings before enacting its proposed tax reform bills as it is important that the masses are carried along with the process.

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This ongoing tax debate should get our 36 governors thinking the unthinkable with the five southeast chief executives for instance contemplating introducing a "spare parts tax" to fund the building of River Niger railway crossings

Ayo Akinfe

[1] One thing that makes my heart bleed is the fact that as a continent, Africa has very little man-made infrastructure to show the rest of the world. All we really have are the pyramids of Egypt

[2] At a time when the rest of the world is building the fastest, tallest and biggest of everything, we are fast asleep. In the case of Nigeria, one of the main reasons for this is because we are too dependent on the federal government for everything

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West Ham teenage sensation commits his senior international future to Nigeria's Super Eagles

WEST Ham teenage midfielder Tyronne Akpata has indicated that he will be willing to play for the Super Eagles at senior international level despite being eligible to feature for England his country of birth.

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As the federal government grapples with the intricacies of a new taxation regime , I would propose that they be prepared to be unpopular and introduce a practical regime that will get Nigeria out of the woods

Ayo Akinfe

[1] Set an income tax revenue target of $50bn by 2030

[2] Forward proposals to the National Assembly introducing a regime whereby no public official will receive more than four times the national minimum wage

[3] Peg the salaries of the president, governors, senators, ministers, commissioners, members of the House of Representatives, state assembly members, etc to grades in the Nigerian civil service

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As we enter December and the rush by Ndigbo to travel to the southeast is set to begin, I am surprised that the South East Governors Forum has not come up with a Yuletide transport programme

Ayo Akinfe

[1] It is Xmas again and as from this weekend, our Igbo brethren will be converging on the southeast, coming from all over Nigeria

[2] Transport fares to cities like Enugu, Umuahia, Aba, Awka, Owerri, Onitsha, etc will double. Owning a national bus company that plies southeast Nigeria is a licence to print money at Xmas in Nigeria

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Arewa Forum for Good Governance praises Kaduna governor for granting bandits amnesty

GOVERNOR Uba Sani of Kaduna State has been commended by the Arewa Forum for Good Governance (AFGG) for granting an amnesty to repentant bandits operating in the state as part of a programme to bring about peace.

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With our chronic power supply problems, maybe we should host a Michael Faraday Week in Nigeria whereby we get the global electricity industry to brainstorm on the way forward in the 21st century

Ayo Akinfe

[1] Has it ever bothered everyone that the United Nations and other international development bodies talk a lot about getting everyone food and abolishing poverty but no one ever talks about getting everyone access to electricity. If everyone has power, they stand a greater chance of being lifted out of poverty

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Race for Christantus heats up as Brighton join Premier League rivals in seeking his services

NIGERIAN striker Christantus Uche has now become one of the hottest properties and most sought-after players in English football as the race to secure his services during the forthcoming January transfer window heats up further.

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Finance minister Wale Edun should launch an ambitious tax programme in 2025 aimed at raising $30bn for investment in job creation and infrastructure with the following features

Ayo Akinfe

[1] An annual 30% tax of the value of every private jet in the country

[2] A 50% tithe tax compelling all clergymen to hand over half of all they receive in offerings

[3] A Dubai party tax that levies 50% of the value of any party Nigerians throw abroad

[4] An Owambe tax which attracts a flat fee of around N50,000 per party

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