ome
eac e
Happy Buffday
The
desert; Angola is busy lending money to its colonisers, and then ther e is us… Let's just say we ar e not making the most of this boom.
Billings Galore
The pr esidency has been very active in r ecent times; at some point, Pr esident Buhari was in the US , while Uncle Y emi was in the UK. However , something important happened
However in this Nigeria, ther
is always gist. It's why the most popular accounts
social media
gossip platforms. All hail Nigeria, agba c
independence celebration, tuale for the birthday boy! 62 looking 22! W e celebrate our fr eedom fr om the queen; long live the king.
Birthdays ar e a good time to reminisce lik e alaga and spray pure water on the celebrant (tr enches mode). A nation's independence is always a good thing to commemorate, and this one is no ex ception. Our positive GDP r eport of 3 .54% shows our r esilience in the middle of a global r ecession. For the first time in over five years, we also exported mor e than we imported (even if it's just oil). And the best news of all; Ololade Mr Money has continued to give us bangers. At least even in our sapa‑dominated society we would still dance Joha.
Stop the Count
D e s p i t e o u r l i t t l e v i c t o r i e s , i n fl a t i o n c o n t i n u e s t o d e f e a t u s Remember when we complained that it was too high at 11%, the last figur e by the NBS was 20 .5%, with food prices rising by 23 .1%. The last time inflation was this high was in 2005 , so it's really a big deal. But bad as e bad, we ar e not even in the top 10 countries with the highest inflation rates – this one is gbogbo ero in flation (e touch
While the UK is fully in billing season, the federal government of Nigeria is avoiding its own with all ferocity as regards ASUU At some point, we need to have a conversation of who strik es better; Thor , Sango or ASUU .
E ver ywhere R
The truth is that some things are not good but at rock bottom, how werser can it get?
E ver y countr y's economic journey begins from somewhere, you know , started from the bottom now they are here.
Think about it, befor
the
and
The Alternative W aySo, if this sector is this big and this important; why then ar e is the government not making the most of it.
In any society , the two hardest things to do for the informal sector is regulate and tax. It's lik e looking for an honest politician.
Its why despite been worth mor e than $1.2 trn, the tax caption is bar ely 5%. Y es, Nigeria has a bad tax cultur e sha; even the organiz ed formal sector is only about 9% tax ed. But why is taxing the informal sector even important for the government considering that it has continued to flourish without their interfer ence?
we had smaller
that formed the
of our society
T o improve our common welfare, it is paramount for us as citiz ens to do our duties as people with government doing their own too.
It's not that nobody has thought about this, but it's not so easy to do. The truth is that businesses in the informal sector lack support fr om the government, so you can't exactly r eap wher e you did not sow It's also very difficult to sufficiently know the amount of businesses ther e sef
Let's not begin to talk about the lack of transpar ency underG money and multiple tax es monitor ed by association; underG money that doesn't get to the government but is only spent by territorial landlords who enfor ce the fees thr ough for ce and fear
out the best way to tax the informal sector and mak
W e then need to
that whatever tax is paid
of
In Ghana, for example, with
compar
fr
them.
Brazil, on the other
document
few
eturns to mak
the sector better rather than in the pock
beat them,
Simples initiative,
technology
operation and understand the sector
chance to
There is also the good part of ensuring that small businesses are not overtax ed. Outside of the gains for government, taxation helps to develop the informal sector and improve one of Nigeria's most important spaces.
If
o A New Dispensation
Despite how popular japa has become; people don't r eally talk about the inher ent cost of japa. Japa in itself is not for the faint‑hearted! Apart fr om the cost of losing skilled r esour ces for the economy nobody talks about the division that happens among families and friends.
abr oad
the
eally call yourself
true Nigerian?
Think about it. I can't even count the number of times I have seen Sola Sobowale's “W elcome to a new dispensation” meme on people's feeds and stories. Las las, the last person to leave Nigeria should turn off the light because o por! As popular as japa has become, a short trip down memory lane will show you that ther e is nothing new about the concept of japa, apart fr om the slang itself
T
e
a t
When the elders say that 20 childr en don't play together for 20 years – they wer e r eferring to the effects of japa. Inter estingly this japa issue is not a Nigerian thing alone; I even dar e to say we ar e not even in the top 20 countries with migration wahala.
According to the International Organisation of Migration, Egypt is even the only African country in the top 20 in terms of international migrants ar ound the world. In fact, Africa is behind Asia, Eur ope and North America. This is because unlik e those continents, the barrier of entry is higher for Africans; and for Nigerians, the pr essur e is even werser!
gr own by over
since 2016
it's a case of ther e is nothing new under the sun – apart fr om this new edition of Serious (*winks*).This time we tell the story of japa the way no one says it. W e br eak the japa myth.
Japa No Be T
The older generation (Millennials and GenX) will r emember the popular T V advert on NT A (well nobody is watching that one again) wher e a man named Andr ew pack ed up his things to leave because he was tir ed of the country His people begged him not to go, saying that Nigeria would be gr eat again.
In those days, even though leaving Nigeria was easier than it is today (just go to the US embassy), it was easier to convince fictional Andr ew not to leave with pr omises of a better Nigeria. It was a matter of gr eat concern to the government that young skilled work ers wer e leaving, so much so that the government started putting out campaigns to encourage people to stay
It is even on r ecord that federal government delegates went on tours of the US and the UK to
Most people who encourage Nigerians to tak e the bold step forget how expensive japa is, so in our habit of not minding our business, we have tried to calculate what it will cost using the most popular r oute today
Again we ar e just thinking out loud (not pro‑japa but T oronto is sweet at this time of the year). F r om the time you thInk about japaing to the day you settle in a new country; one thing that will be constant is billing. Whether its school; billing, work; billing, gbogbotigbo; billing.
While many Nigerians desir e to move abr oad, a huge per centage of the population can't aff or d to pay the costs associated with this journey So, yeah, many people will japa, but even mor e will r emain.