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…
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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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!
"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]
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.
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.