ZION B-BC
NEWSLETTER.
A Publication of the Zion Faith Bible-Believing Church Kpeyegyi Abuja Nigeria. {Vol. 14. NO 610 29th June 2025} “…ONLY The Truth, Will Set You Free! (John.8:32). PRAY & FAST EVERY WEDNESDAY TO STOP BLOODSHED IN NIGERIA!
A “JUNE 12 ACTIVIST” NOW RULES WITH MILITARY DECREES!
‘Power corrupts and absolute power corrupts absolutely”!
If President Bola Tinubu could arbitrarily sack the constitutionally-elected Governor of Rivers State from office and replace him with a Military Administrator before informing the National Assembly, he could also bulldoze National Tax Reform Bills into law with impunity!
He boasted during his first Presidential Media Chart on 23rd December 2024, that his sponsored Four Tax Reform Bills before the rubber stamp National Assembly was “a done deal”!
And in spite of all opposition, most especially from Northern Nigeria, he autocratically signed the controversial bills into law on Thursday 26th June 2025, and dared any one to challenge his authority!
AUTOCRACY is a system of government by one person with absolute power. It is absolutism under the guise of democracy ie, absolute power, dictatorship or despotism!
A state or society governed by one person with absolute power domineering rule or control and who shifts between autocracy and “consultation”, is aberration!
Nigeria’s Military Constitution chose the Presidential System to continue forceful autocracy on the people through its retired Generals who succeed in 16 (sixteen years), to still force martial laws on the Citizens instead of democratic rule of law!
And the perpetuation of Presidency solidified the grand plan for a Despot to surround himself with some ‘birds of a feather’ and entrench an Oligarchy!
IS NIGERIA UNDER THE SIEGE OF DICTATORIAL GOVERNANCE?
Corrupt politicians believe that the incumbent President is wise, smart and very intelligent.
TINUBU says he did not promise “El Dorado”, his wife REMI TINUBU says, “My husband is not a magician, while his son, SEYI TINUBU asserts that his father is the “greatest president in Nigeria’s history!”
He made the remark in a video that went viral on Monday, 17th March 2025, while addressing a gathering of youths in Adamawa State and further praised his father’s leadership style claiming he had prioritized youth empowerment and economic growth.
BUT some netizens believe otherwise: that the current dispensation is very corrupt, dictatorial and self -serving and has wooed weak opposition Parties to join the bandwagon as it strategizes for a second term bid!
THE GOSPEL TRUTH IS THAT NIGERIA IS IN A DIRE STRAIT UNDER “A WOLF IN SHEEP’S CLOTHING!”
[Please find below a litany of President Bola Tinubu’s avowed autocratic aberrations].
1. Sudden and sporadic affliction of aggravated hardships and pains on the citizenry through a neo-colonialist agenda of austerity measures orchestrated by World Bank and International Monetary Fund (IMF), during his investiture speech:
a. To remove fuel subsidy and automatically skyrocket prices of all petroleum products to perpetrate his inordinate presidential authority in an already flagging and ailing economy bedeviled with outrageous/spiraling Debt deficits!
b. Merger of the foreign exchange and official parallel markets – which has permanently devalued the Naira from N500 to N1,650 for $1dollar consistently in 25 months!
c Floating of the official very weak Naira for international competiveness in a volatile economy bereft of massive industrialization and manufacturing, when there were no palliatives on ground to cushion spiral inflationary effects of the sudden and unthoughtful anti-socio-economic policies!
2. In 25 months of his policies somersault, May 2023-June 2025, all outrageous increases in fuel, food, goods and services have not abated.
a. All petroleum products, Premium Motor Spirit (PMS) or Petrol, Diesel, Lubricants have remained on the high side: N1,000 Naira and above!
b. Fairly-used cars/small buses tyres, each cost N30,000 Naira and above.
c. Commercial transportation: urban, inter/intra States journeys are at the whims and caprices of the Transporters in spite of the pseudo “availability” of propaganda buses running on Condensed Natural Gas (CNG)! No commercial driver charges less than N1,000 Naira for township rides.
d. The cheapest one hour and 45 minutes (two-way) Air travel tickets within Nigeria attracts not less than N220-250,000 Naira while international journeys cost from between N1.5million and above depending on overseas destination.
e. All farm produce have been dollarized and inflation figures range between 400-500% while official fiscal inflation hovers between 34.5-36%, all because of the inordinate ambition of one man who is determined to subject the Citizens to unbridled very expensive Presidential system of governance in a Developing Nation such as Nigeria!
3. Coercing States and Local Government Areas (LGAs), to kowtow to his obsession with TAXATION to prove that his controversial Chicago State University Certificate in Accounting, is not a FORGERY!
And whereas, governments at both Federal and State levels are constitutionally empowered under Legislative Powers of the Second Schedule – Parts I & II – Exclusive/Concurrent Lists to tax various items ranging from commodities to services as deemed fit!
Apart from 68 “controversial” Items on the Exclusive List under the purview of the Federal Government, Sections A-L in Part II are exercisable by both Parties.
Much as WE did not initially object to the mooted idea of Presidential Policy on Tax Reforms but only advised against any stampede, it is now very clear that Alhaji Tinubu MUST boost his EGO to prove that the solution to 25 Months of socio-economic debacle is through his own brand of centralized TAXATION!
4. With autocratic Presidential powers Alhaji Bola Ahmed Tinubu, has also flouted due process in the awards of several major contracts running into billions of dollars!
Two recent Contracts include the 700-kilometer Lagos-Calabar Coastal Super Highway, costing USD$13 billion dollars or NGN15 trillion naira AND The Mechanized Farming Project also awarded to his SCHOOL MATE AND NEIGHBOR at Chicago State University!
The total cost of the Republic of the Belarus assisted project during which 2,000 high quality Tractors, 10 Combine Harvesters, 12 Mobile Workshops, 9,000 Implements and another 9,000 spare parts kits were exhibited, is still shrouded in secrecy!
Alhaji declared “state of emergency” on FOOD SECURITY since 13th July 2023 and 25 months later EXTREME FOOD INFLATION is the order of the day in the vast arable country!
WHO IS FOOLING WHO? No house built on the Sand would withstand a Storm! “If the foundations be destroyed, what can the righteous do”? (Psalm 11:3).
Except Mr. Alhaji Tinubu reverses his inaugural blunder, he would continue to beat about the bush and would become IRRELEVANT!
TO ALHAJI TINUBU, TAXATION OF THE ALREADY BLEEDING MASSES IS THE SOLUTION TO HIS MIS-ADVENTURE IN GOVERNMENT!
It is evident that TAXATION was the major subject which Alhaji Tinubu studied at the Chicago State University!
Going down the memory lane – way back to his first political appointment as Lagos State Governor from 1999-2007, his major pre-occupation was to mercilessly Tax the Poor Citizens!
Following Alhaji Tinubu’s victory at the 2023 Presidential Election, aggrieved Opposition Parties Contestants filed Appeals at the Election Tribunal to challenge the results.
In the process of proceedings they claimed that Tinubu was convicted in the United States for drug offenses in 1993, forfeited the sum of USD$460,000 dollars to the City of Illinois and was therefore unfit to govern Nigeria as President!
However, in April 2023, when the 31-year-old incident was resurrected, Tinubu’s All Progressives Congress (APC) told the Presidential Election Tribunal that their candidate and president-elect at the time, was of no interest to the US government as the 1993 CIVIL FORFEITURE CASE was not against him but against the money they said was found in 10 bank accounts opened in his name.
The Presidential Tribunal’s verdict was that the said forfeiture was not an INDICTMENT on Tinubu who claimed he was only a Treasurer to his Family Accounts.
The purpose of this very explicit treatise is to establish that Alhaji Bola Ahmed TINUBU is endowed with A PENCHANT FOR FIGURES – AS A TREASURER OR ACCOUNTANT!
IN SPITE OF BEING THE GOVERNOR OF LAGOS STATE FROM 1999-2007, TINUBU HAD A FIRM GRIP ON “ALPHA BETA” HIS TAX COLLECTING COMPANY WHICH THEN WORKED BY PROXY FOR HIS ADMINISTRATION AND NOW, ON PERMANENT CONTRACT WITH HIS SUCCESSORS TILL DATE!
QUESTION PUT TO MR. TAIWO OLOYEDE, CHAIRMAN OF THE PRESIDENTIAL POLICY ON TAX REFORMS DURING A VILLAGE SQUARE MEETING ORGANIZED BY CHANNELS TELEVISION IN DECEMBER 2024.
“Will Alpha Beta, Lagos State’s official Tax Collection Firm, belonging to Alhaji Bola Tinubu, not extend its tentacles to the Federal Government of Nigeria‘s Domain in respect of the Four controversial Presidential Tax Bills still being debated in public domain?”
ANSWER: “No! The Federal Inland Revenue Services (FIRS), will be sole agents!”
ONLY A DICTATOR WILL SIGN CONTROVERSIAL BILLS INTO LAW AND BE DAMNED!
President Tinubu Signs Controversial Tax Reform Bills Into Law On June 26, 2025.
The bills — Nigeria Tax Bill, Nigeria Tax Administration Bill, Nigeria Revenue Service (Establishment) Bill, and Joint Revenue Board (Establishment) Bill — were secretly passed by the National Assembly without further consultations with various interest groups and stakeholders.
CAN SOMETHING BE PLACED ON NOTHING? EVERY LIE HAS A TERMINAL DATE!
[EXPECT A PRIME MINISTER IN NIGERIA NOW!]
Please look forward to more divine revelation in the next edition of Zion B-BC Newsletter as you share this with friends and remain blessed in the Lord. [For weekly access, to this newsletter, log on to: facebook.com/zionfaithbible.believingchurch or http://www.zfbbc1.blogspot.com,
Please look forward to divine revelations in The Sure Word Gospel Tracts, Our divinely inspired books on the Amazon KINDLE Store Namely: The Unbroken Chain of Grace, Nigeria’s Pot Pourri (Volumes 1-5), Godly Politicking For World Peace, and The Wedding Mascot Died
If you have not accepted the Lord Jesus Christ as your personal Lord and Saviour, don’t miss this great opportunity as you pray this prayer: Lord Jesus; I confess that I am a sinner who needs to be saved through the grace of the New Testament in your Blood, shed on the Cross at Calvary; I renounce every sin in my life and accept you as my Lord and personal Saviour. Please forgive me and write my name in the Book of Life. Amen. If you prayed this prayer, you have been admitted into the family of sons and daughters of God, who are born-again. Congratulations!
I am yours sincerely, THE WATCHMAN Dr. David B.A. Olufon, Resident Pastor and Editor. 08130669886, 08058436756. g-mail-dvdolufon@gmail.
