Feature/OPED
February Elections: Nigerians Just Dey Play…
By Prince Charles Dickson PhD
(‘A person is dead, but their spirit lives; if you poke the iris of their eye, they still come alive’)
Democracy has a dream-like character. It sweeps into the world, carried forward by an immense desire by humans to overcome the barriers of indignity and social suffering. When confronted by hunger or the death of their children, earlier communities might have reflexively blamed nature or divinity, and indeed those explanations remain with us today. But the ability of human beings to generate massive surpluses through social production, alongside the cruelty of the capitalist class to deny the vast majority of humankind access to that surplus, generates new kinds of ideas and new frustrations. This frustration, spurred by the awareness of plenty amidst a reality of deprivation, is the source of many movements for democracy.
Habits of colonial thought mislead many to assume that democracy originated in Europe, either in ancient Greece (which gives us the word ‘democracy’ from demos, ‘the people’, and kratos, ‘rule’) or through the emergence of a rights tradition, from the English Petition of Right in 1628 to the French Declaration of the Rights of Man and of the Citizen in 1789. But this is partly a retrospective fantasy of colonial Europe, which appropriated ancient Greece for itself, ignoring its strong connections to North Africa and the Middle East, and used its power to inflict intellectual inferiority on large parts of the world. In doing so, colonial Europe denied these important contributions to the history of democratic change. People’s often forgotten struggles to establish basic dignity against despicable hierarchies are as much the authors of democracy as those who preserved their aspirations in written texts still celebrated in our time.
The large mass demonstrations that laid at the heart of these struggles were built up through a range of political forces, including trade unions – a side of history that is often ignored.
In much of the world (as in Brazil, the Philippines, and South Africa), it was trade unions that fired the early shot against barbarism. The cry in the Philippines ‘Tama Na! Sobra Na! Welga Na!’ (‘We’ve had enough! Things have gone too far! It’s time to strike!’) moved from La Tondeña distillery workers in 1975 to protests in the streets against Ferdinand Marcos’ dictatorship, eventually culminating in the People Power Revolution of 1986.
In Brazil, industrial workers paralysed the country through actions in Santo André, São Bernardo do Campo, and São Caetano do Sul (industrial towns in greater São Paulo) from 1978 to 1981, led by Luiz Inácio Lula da Silva (now Brazil’s president). These actions inspired the country’s workers and peasants, raising their confidence to resist the military junta, which collapsed as a result in 1985.
Fifty years ago, in January 1973, the workers of Durban, South Africa, struck for a pay rise, but also for their dignity. They woke at 3 am on 9 January and marched to a football stadium, where they chanted ‘Ufil’ umuntu, ufile usadikiza, wamthint’ esweni, esweni usadikiza’ (‘A person is dead, but their spirit lives; if you poke the iris of their eye, they still come alive’). These workers led the way against entrenched forms of domination that not only exploited them, but also oppressed the people as a whole. They stood up against harsh labour conditions and reminded South Africa’s apartheid government that they would not sit down again until class lines and colour lines were broken.
The strikes opened a new period of urban militancy that soon moved off the factory floors and into wider society. A year later, Sam Mhlongo, a medical doctor who had been imprisoned on Robben Island as a teenager, observed that ‘this strike, although settled, had a detonator effect’. The baton was passed to the children of Soweto in 1976.
The above ranting, for me, captures the frenzy in the lead-up to the Nigerian General Elections next month; whoever it is, one supports amongst the three musketeers; the fact is that not much will change because Nigerians still dey play… The Nigerian worker is at a crossroads, there is a potpourri, people who want to see real change. He is the one that will play a crucial role in the general elections by exercising his right to vote and selecting the candidate who they believe will represent their interests and address the issues affecting their daily life. It is also important for workers to actively participate in election campaigns and advocate for their rights to be recognized and addressed by elected officials.
Sadly, at the other corner, countless corrupt Nigerian workers are engaging in unethical or illegal practices, such as embezzlement, bribery, or nepotism, for personal gain. This behaviour undermines the integrity of the workplace and can harm the reputation of the organization and, in this case (the Nigerian state) and the individual. It can also negatively impact the economy and society as a whole. The government and private sector have a responsibility to take measures to prevent and address corruption among workers.
But we dey play, the POS Operator is charging 2K for 20K if you want the new currency, no matter who wins the next election, we will remain the same because Nigerians contribute to over 50% of their sufferings, like play we fundamentally exploit our crisis against the common man. The #endsars movement looked close, but it lost steam and lacked leadership, and as such, the powers that be had loopholes to exploit and truth be told, we don’t seem ready for a movement.
Listening to Hugh Masekela’s ‘Stimela’ (‘Coal Train’), the 1974 song of migrant workers travelling on the coal train to work ‘deep, deep, deep down in the belly of the earth’ to bring up wealth for apartheid capital. I thought of the Durban industrial workers with the sound of Masekela’s train whistle in my ear, remembering Mongane Wally Serote’s long poem, Third World Express, a tribute to the workers of southern Africa and their struggles to establish a humane society.
– it is that wind
It is that voice buzzing
It is whispering and whistling in the wires
Miles upon miles upon miles
On the wires in the wind
In the subway track
In the rolling road
In the not silent bush
It is the voice of the noise
Here it comes
The Third World Express
They must say, here we go again.
‘Here we go again’, Serote wrote, as if to say that new contradictions produce new moments for struggle. The end of one crushing order will not herald a new beginning if we are not ready. It was the workers who brought us this democracy, and it will be workers who will fight to establish a deeper democracy yet. Here we go again, if the February elections will change our play mode—Only time will tell.
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
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.
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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