tolu ogunlesi Profile picture
Dec 5 7 tweets 4 min read
So what you're 'saying' - but don't have the liver to say - is that @PeterObi will scrap @TETFundNg. Why not say it boldly?

Also, I hope you know that scrapping TETFUND will not be by mouth o. NASS will have to pass a Bill repealing the 2011 Act. Did you know this?

#Thread
Did you also know that companies like MTN are actually already spending substantial sums of money supporting Nigerian Universities, even as CSR. In addition to the 2.5% Tertiary Education Tax they're mandatorily paying
See examples
MTN e-Library to OAU: businessday.ng/news/article/m…
Have you heard of @nigeriaLNG's multi-million-dollar University Support Programme?
NLNG University Support Programme - $12m investment in 6 Nigerian Universities - this is apart from their existing Tertiary Education Tax obligations
cc. @FinPlanKaluAja1
nigerialng.com/csr/Pages/NLNG…
@FinPlanKaluAja1 - can you see what happens when you guys write manifestoes out of ignorance? When you fail to understand what's already being done and where the actual gaps and areas for impactful intervention exist?
Dangote contributed a Business School Complex to BUK - a multi-million dollar investment - again different from Dangote Group's already substantial Education Tax obligations. forbes.com/sites/mfonobon…
I think the first thing @FinPlanKaluAja1 should do is Read the full text of #ExecOrder7: pwcnigeria.typepad.com/files/executiv…

And then see how using Tax Credit to finance Road Infra is VERY different from trying to harebrainedly apply same model to Universities (when Educ Tax already exists)

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More from @toluogunlesi

Dec 5
So what happens to TETFUND? Are you guys aware MTN & Co already pay special tax(EDT) to finance the same tertiary institutions you're citing--2.5% of assessable profit,annually? So you're simply moving same money around & pretending you're being original?? firs.gov.ng/tertiary-educa…
Meanwhile, the really impactful - and original - Tax Credit scheme is the one the @MBuhari Administration is doing for Road Infrastructure. Has got robust governance mechanism in place. Same MTN recently got approval to complete Onitsha-Enugu Exp with it. Check out #ExecOrder7.
Problem with you & your party is the wilful ignorance that you display towards publicly available info. If you knew about TETFUND & #ExecOrder7 I don't think you'd be here trying to pass off harebrained ideas as revolutionary. Stop pretending to be asleep, so we can wake you up!
Read 4 tweets
Nov 16
"While I was a Senator, I often looked longingly down Pennsylvania Avenue and wondered why they had all the power. Then, shortly thereafter, as VP, I remember looking out the White House window in the other direction and wondering why Congress had all the power." - Walter Mondale
"I think that is the way the system is supposed to work."
Walter Mondale, 20 years ago: "Journalism used to be about bringing important information to the attention of citizens and about getting the story straight. Now it seems to be about shouting to get the attention of consumers."

[If only he saw the 21st century at the time, hehe]
Read 4 tweets
Nov 10
Meeting originally scheduled to hold during #CHOGM in Kigali, but was postponed at the time. The conversation yesterday "was mostly economic", said President @MBuhari (i.e. around improving business relations between 🇳🇬 & 🇬🇧); citing the "great attachment" between both countries.
The 1st Nigeria-UK Economic Development Forum held May 2019, hosted by @NigeriaGov. 7th edition in April 2022, in London.

Inaugural UK-Nigeria Security & Defence Partnership Dialogue held 31 Jan-2 Feb, 2022, in London. Jointly convened by UK & Nig NSAs.
Read 9 tweets
Nov 10
A quick thread on Police Reforms in Nigeria, from the IG's presentation at #StateHouseBriefing today:
Legislative reform:

3 vital @PoliceNG Bills assented to by the President:

- Nigeria Police Trust Fund (Establishment) Act, 2019

- Nigeria Police Act, 2020 - the 1st overhaul of the Police Act in more than 70 years.

- Nigeria Police Academy (Establishment) Act, 2021
Manpower development:

Presidential approval for the recruitment and training of 10,000 new police personnel annually.

2019 and 2020/21 concluded.

The 3rd batch of 10,000 (2022 recruitment) currently undergoing training at Police Training Schools and Colleges nationwide.
Read 7 tweets
Nov 6
As a rule it seems you will not find positive African news on CNN’s NEWS coverage. Only disasters—collapsed buildings,plane crashes,floods,etc.

Anything remotely positive has to be ‘sponsored’—put on a special program paid for by corporate advertising;NOT mainstream programming
I’m happy for someone to challenge this with proof, of course.

I’ve been thinking a lot about it, and I find it very problematic.
If all you know about Nigeria, or Africa, is from watching mainstream CNN coverage - sigh. It'd be the most distorted view ever.
The positives are 'ghettoed' into Inside Africa & African Voices, which are made possible by the advertising dollars of successful African companies.
Read 13 tweets

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