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Aso Rock Eviction: My Ordeal with Buhari’s CSO

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By Lekan Adetayo

Shortly after I arrived at the Presidential Villa, Abuja, on Monday morning, I received a message that the Chief Security Officer to the President, Bashir Abubakar, would like to see me in his office. What came to my mind immediately was that it was the Presidency’s Media Office that interfaces with journalists and not the CSO. I felt I should inform the presidential spokesmen before honouring the strange invitation.

I proceeded to the office of the Special Adviser to the President on Media and Publicity, Mr Femi Adesina, and informed him of the invitation. Adesina advised that I honoured it and updated him on developments. The Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu, was not in the office at the time but I contacted him on the telephone.

On getting to the CSO’s office, he was initially polite. He offered me a seat and asked how I was doing and I replied I was fine. He then first confronted me with my column, Aso Rock Lens, published on Saturday, April 22, 2017. He was angry with one of the items in the column titled ‘Seat of power’s event centres going into extinction’. In that piece, I highlighted some places in the Presidential Villa that hitherto had hosted high-profile events. I wrote that lately, events had not been held inside the halls. He said I was insinuating that government had collapsed in Nigeria.

The CSO then brought out a copy of April 23, 2017, edition of SUNDAY PUNCH. He was visibly angry about the lead story titled ‘Fresh anxiety in Aso Rock over Buhari’s poor health’. That story was about how the President had not been seen in public in the last two weeks except when he made brief appearances at the mosque inside the Presidential Villa for Juma’at services last Friday and penultimate Friday. That story included the reaction of Adesina, who said the President was recuperating and that the prayer of all was that he recovered fully soon.

The CSO queried the motive behind the two stories.

He told me that the President was free to rule the country from wherever he liked. He said the stories were meant to portray the President as incapacitated and that it had to do with the politics of 2019.

He told me he would take me to the President’s official residence to see him and then tell him (the CSO) if Buhari was incapacitated. He never did that.

Abubakar added that if God had sanctioned it that Buhari would rule the country for eight years, no man could stop him. He made reference to the fact that people who were not even sick died daily.

The CSO thereafter directed one of his men to take my statement and revert to him. The man took me to his office. I wrote in the statement that I had no ulterior motive in writing the stories in question. I was updating presidential spokesmen of developments as earlier agreed. The gentleman took my statement and I returned to the CSO’s office.

On getting there, Abubakar asked the Officer-in-Charge of the Department of State Services, Victor Nwafor, to seize my accreditation tag. He said he should escort me to retrieve my personal belongings from the Press Gallery and then leave instructions with security operatives that I should not be allowed access into the Presidential Villa again.

Nwafor carried out the assignment dutifully. He passed the message to the security officials at the Admin Reception and then handed me over to another security operative who he instructed to do the same thing at the Pilot Gate before escorting me to where I parked my car to ensure that I left the premises immediately.

I was driven from there in a security vehicle. At the Pilot Gate, the gentleman assembled all security operatives there and delivered the message to them. I caught one of them, a policeman, snapping my photograph with his telephone handset and I protested. I told him I am not a criminal and he has no right to snap me. He was apologetic and attempted to show me the handset to prove that he had deleted the picture but I told him I was not interested in his claim.

I was driven in the same security van to where I parked my car and I drove out of the Presidential Villa from there.

The CSO had penultimate Thursday had an interactive session with members of the State House Press Corps, during which he handed them guidelines on how to report the Villa.

He had also in January complained about a story on an accidental discharge that injured a female worker at the State House. Although all national newspapers reported the incident, he singled out The PUNCH and Daily Trust.

His argument was that the story was not informative, educative or entertaining.

Punch Newspaper

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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The Future of Payments: Key Trends to Watch in 2025

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Luke Kyohere

By Luke Kyohere

The global payments landscape is undergoing a rapid transformation. New technologies coupled with the rising demand for seamless, secure, and efficient transactions has spurred on an exciting new era of innovation and growth. With 2025 fast approaching, here are important trends that will shape the future of payments:

1. The rise of real-time payments

Until recently, real-time payments have been used in Africa for cross-border mobile money payments, but less so for traditional payments. We are seeing companies like Mastercard investing in this area, as well as central banks in Africa putting focus on this. 

2. Cashless payments will increase

In 2025, we will see the continued acceleration of cashless payments across Africa. B2B payments in particular will also increase. Digital payments began between individuals but are now becoming commonplace for larger corporate transactions. 

3. Digital currency will hit mainstream

In the cryptocurrency space, we will see an increase in the use of stablecoins like United States Digital Currency (USDC) and Tether (USDT) which are linked to US dollars. These will come to replace traditional cryptocurrencies as their price point is more stable. This year, many countries will begin preparing for Central Bank Digital Currencies (CBDCs), government-backed digital currencies which use blockchain. 

The increased uptake of digital currencies reflects the maturity of distributed ledger technology and improved API availability. 

4. Increased government oversight

As adoption of digital currencies will increase, governments will also put more focus into monitoring these flows. In particular, this will centre on companies and banks rather than individuals. The goal of this will be to control and occasionally curb runaway foreign exchange (FX) rates.

5. Business leaders buy into AI technology

In 2025, we will see many business leaders buying into AI through respected providers relying on well-researched platforms and huge data sets. Most companies don’t have the budget to invest in their own research and development in AI, so many are now opting to ‘buy’ into the technology rather than ‘build’ it themselves. Moreover, many businesses are concerned about the risks associated with data ownership and accuracy so buying software is another way to avoid this risk. 

6. Continued AI Adoption in Payments

In payments, the proliferation of AI will continue to improve user experience and increase security.  To detect fraud, AI is used to track patterns and payment flows in real-time. If unusual activity is detected, the technology can be used to flag or even block payments which may be fraudulent. 

When it comes to user experience, we will also see AI being used to improve the interface design of payment platforms. The technology will also increasingly be used for translation for international payment platforms.

7. Rise of Super Apps

To get more from their platforms, mobile network operators are building comprehensive service platforms, integrating multiple payment experiences into a single app. This reflects the shift of many users moving from text-based services to mobile apps. Rather than offering a single service, super apps are packing many other services into a single app. For example, apps which may have previously been used primarily for lending, now have options for saving and paying bills. 

8. Business strategy shift

Recent major technological changes will force business leaders to focus on much shorter prediction and reaction cycles. Because the rate of change has been unprecedented in the past year, this will force decision-makers to adapt quickly, be decisive and nimble. 

As the payments space evolves,  businesses, banks, and governments must continually embrace innovation, collaboration, and prioritise customer needs. These efforts build a more inclusive, secure, and efficient payment system that supports local to global economic growth – enabling true financial inclusion across borders.

Luke Kyohere is the Group Chief Product and Innovation Officer at Onafriq

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Ghana’s Democratic Triumph: A Call to Action for Nigeria’s 2027 Elections

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In a heartfelt statement released today, the Conference of Nigeria Political Parties (CNPP) has extended its warmest congratulations to Ghana’s President-Elect, emphasizing the importance of learning from Ghana’s recent electoral success as Nigeria gears up for its 2027 general elections.

In a statement signed by its Deputy National Publicity Secretary, Comrade James Ezema, the CNPP highlighted the need for Nigeria to reclaim its status as a leader in democratic governance in Africa.

“The recent victory of Ghana’s President-Elect is a testament to the maturity and resilience of Ghana’s democracy,” the CNPP stated. “As we celebrate this achievement, we must reflect on the lessons that Nigeria can learn from our West African neighbour.”

The CNPP’s message underscored the significance of free, fair, and credible elections, a standard that Ghana has set and one that Nigeria has previously achieved under former President Goodluck Jonathan in 2015. “It is high time for Nigeria to reclaim its position as a beacon of democracy in Africa,” the CNPP asserted, calling for a renewed commitment to the electoral process.

Central to CNPP’s message is the insistence that “the will of the people must be supreme in Nigeria’s electoral processes.” The umbrella body of all registered political parties and political associations in Nigeria CNPP emphasized the necessity of an electoral system that genuinely reflects the wishes of the Nigerian populace. “We must strive to create an environment where elections are free from manipulation, violence, and intimidation,” the CNPP urged, calling on the Independent National Electoral Commission (INEC) to take decisive action to ensure the integrity of the electoral process.

The CNPP also expressed concern over premature declarations regarding the 2027 elections, stating, “It is disheartening to note that some individuals are already announcing that there is no vacancy in Aso Rock in 2027. This kind of statement not only undermines the democratic principles that our nation holds dear but also distracts from the pressing need for the current administration to earn the trust of the electorate.”

The CNPP viewed the upcoming elections as a pivotal moment for Nigeria. “The 2027 general elections present a unique opportunity for Nigeria to reclaim its position as a leader in democratic governance in Africa,” it remarked. The body called on all stakeholders — including the executive, legislature, judiciary, the Independent National Electoral Commission (INEC), and civil society organisations — to collaborate in ensuring that elections are transparent, credible, and reflective of the will of the Nigerian people.

As the most populous African country prepares for the 2027 elections, the CNPP urged all Nigerians to remain vigilant and committed to democratic principles. “We must work together to ensure that our elections are free from violence, intimidation, and manipulation,” the statement stated, reaffirming the CNPP’s commitment to promoting a peaceful and credible electoral process.

In conclusion, the CNPP congratulated the President-Elect of Ghana and the Ghanaian people on their remarkable achievements.

“We look forward to learning from their experience and working together to strengthen democracy in our region,” the CNPP concluded.

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The Need to Promote Equality, Equity and Fairness in Nigeria’s Proposed Tax Reforms

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By Kenechukwu Aguolu

The proposed tax reform, involving four tax bills introduced by the Federal Government, has received significant criticism. Notably, it was rejected by the Governors’ Forum but was still forwarded to the National Assembly. Unlike the various bold economic decisions made by this government, concessions will likely need to be made on these tax reforms, which involve legislative amendments and therefore cannot be imposed by the executive. This article highlights the purposes of taxation, the qualities of a good tax system, and some of the implications of the proposed tax reforms.

One of the major purposes of taxation is to generate revenue for the government to finance its activities. A good tax system should raise sufficient revenue for the government to fund its operations, and support economic and infrastructural development. For any country to achieve meaningful progress, its tax-to-GDP ratio should be at least 15%. Currently, Nigeria’s tax-to-GDP ratio is less than 11%. The proposed tax reforms aim to increase this ratio to 18% within the next three years.

A good tax system should also promote income redistribution and equality by implementing progressive tax policies. In line with this, the proposed tax reforms favour low-income earners. For example, individuals earning less than one million naira annually are exempted from personal income tax. Additionally, essential goods and services such as food, accommodation, and transportation, which constitute a significant portion of household consumption for low- and middle-income groups, are to be exempted from VAT.

In addition to equality, a good tax system should ensure equity and fairness, a key area of contention surrounding the proposed reforms. If implemented, the amendments to the Value Added Tax could lead to a significant reduction in the federal allocation for some states; impairing their ability to finance government operations and development projects. The VAT amendments should be holistically revisited to promote fairness and national unity.

The establishment of a single agency to collect government taxes, the Nigeria Revenue Service, could reduce loopholes that have previously resulted in revenue losses, provided proper controls are put in place. It is logically easier to monitor revenue collection by one agency than by multiple agencies. However, this is not a magical solution. With automation, revenue collection can be seamless whether it is managed by one agency or several, as long as monitoring and accountability measures are implemented effectively.

The proposed tax reforms by the Federal Government are well-intentioned. However, all concerns raised by Nigerians should be looked into, and concessions should be made where necessary. Policies are more effective when they are adapted to suit the unique characteristics of a nation, rather than adopted wholesale. A good tax system should aim to raise sufficient revenue, ensure equitable income distribution, and promote equality, equity, and fairness.

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