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Nollywood actress Monalisa Chinda’s tax case adjourned till October 10
Nollywood actress Monalisa Chinda’s tax case adjourned till October 10
Agency Report
A Lagos High Lagos in Igbosere Thursday fixed October 10 to resume the trial of Nollywood actress and producer, Monalisa Chinda-Coker, for alleged tax evasion.
The trial should have resumed on Wednesday, June 5, but proceedings were stalled due to the Eid-Il-Fitr holiday.
Chinda-Coker is facing a two-count charge of failure to file annual tax returns and pay income tax in respect of her company, Monalisa Code Productions, for six years.
According to the charge, marked LD/5712c/2017, Monalisa Code Productions carries on its business from Lekki in Lagos.
Count one reads in part: “Failure to furnish and file annual tax returns for the purpose of personal income taxation with the Lagos State Internal Revenue Service (LIRS) contrary to Section 94(1) of the Personal Income Tax Act 2004 (as amended).”
The particulars of the count stated that Coker “of Monalisa Code Productions, being a taxable person in Nigeria and carrying on business at… Lekki… failed to furnish and file tax returns on your personal income for the years 2011 to 2016.”
Count two reads: “Failure to pay income tax contrary to Section 56 of the Lagos State Revenue Administration Law of 2006.”
At the last hearing of the matter on April 1, Justice Adedayo Akintoye renewed a bench warrant for Chinda-Coker’s arrest, following an application by the Lagos State Ministry of Justice.
The state alleged that Chinda-Coker repeatedly failed to honour a summons ordering her to appear in court for trial since the case began in 2017.
On March 5, the actress, in a statement through her lawyers, Emeka Odikpo & Associates, refuted allegations of tax evasion, adding that all businesses from which she earns income are based in Port-Harcourt, Rivers State.
The statement said: “Mrs Coker further states that it is only her foundation known as Arise Monalisa Foundation that is based in Lekki, Lagos. The said body is a non-profit organisation and thus does not pay tax by law.
“Mrs Coker states that sometime in 2016, when Lagos Inland Revenue Service, LIRS officials were dropping tax assessments around the premises of Arise Monalisa Foundation at Lekki, Lagos, they visited the premises and were told by the staff that only a non-profit organisation was operational there.
“They advised that even though the business is non-profit, the head of the outfit should pay some tax based on self-assessment.
“Based on the advice, she approached a bank and on self-assessment basis paid N100,000.00 for two years to the LIRS. She has also issued a tax card.
“Mrs Monalisa Coker hereby restates for emphasis that Rivers State Government is the appropriate body that she is compelled by law to make income tax returns to.
“She has therefore instructed her lawyers and Tax Consultants to approach Lagos State Inland Revenue Service with this information for necessary clearance.”
The Nation.
Featured
NELFUND: The Renewed Hope Engine Propelling Nigeria’s Youth into Tomorrow
By Dayo Israel, National Youth Leader, APC
As the National Youth Leader of the All Progressives Congress, I have spent most of my tenure fighting for a Nigeria where every young person, regardless of their ward or local government, family income, or circumstance, can chase dreams without the chains of financial despair.
Today, that fight feels like victory, thanks to the Nigerian Education Loan Fund (NELFUND). Launched as a cornerstone of President Bola Ahmed Tinubu’s Renewed Hope Agenda, this initiative isn’t just a policy tweak; it’s a revolution. And under the steady, visionary hand of Managing Director Akintunde Sawyerr, NELFUND has transformed from a bold promise into a roaring engine of opportunity, disbursing over ₦116 billion to more than 396,000 students and shattering barriers for over a million applicants.
Let’s be clear: NELFUND was always destined to be a game-changer. Signed into law by President Tinubu on April 3, 2024, it repealed the outdated 2023 Student Loan Act, replacing it with a modern, inclusive framework that covers tuition, upkeep allowances, and even vocational training—ensuring no Nigerian youth is left on the sidelines of progress.
But what elevates it from groundbreaking to generational? Leadership. Enter Akintunde Sawyerr, the diplomat-turned-executioner whose career reads like a blueprint for results-driven governance. From co-founding the Agricultural Fresh Produce Growers and Exporters Association of Nigeria (AFGEAN) in 2012—backed by icons like former President Olusegun Obasanjo and Dr. Akinwumi Adesina—to steering global logistics at DHL across 21 countries, Sawyerr brings a rare alchemy: strategic foresight fused with unyielding accountability.
As NELFUND’s pioneer MD, he’s turned a fledgling fund into a finely tuned machine, processing over 1 million applications since May 2024 and disbursing ₦116 billion—₦61.33 billion in institutional fees and ₦46.35 billion in upkeep—to students in 231 tertiary institutions nationwide. That’s not bureaucracy; that’s brilliance.
Sawyerr’s touch is everywhere in NELFUND’s ascent. Since the portal’s launch, he’s overseen a digital ecosystem that’s as transparent as it is efficient—seamless verification, BVN-linked tracking, and real-time dashboards that have quashed misinformation and built trust. In just 18 months, the fund has empowered 396,252 students with interest-free loans, many first-generation learners who might otherwise have dropped out.
Sensitization drives in places like Ekiti and Ogun have spiked applications — 12,000 in a single day in one instance, while expansions to vocational centers in Enugu pilot the next wave of skills-based funding. And amid challenges like data mismatches and fee hikes, Sawyerr’s team has iterated relentlessly: aligning disbursements with academic calendars, resuming backlogged upkeep payments for over 3,600 students, and even probing institutional compliance to safeguard every kobo. This isn’t management; it’s mastery—a man who doesn’t just lead but launches futures.
Yet, none of this happens in a vacuum. President Tinubu’s alliance with trailblazers like Sawyerr is the secret sauce securing Nigeria’s tomorrow. The President’s Renewed Hope Agenda isn’t rhetoric; it’s resources—₦100 billion seed capital channeled into a system that prioritizes equity over elitism. Together, they’ve forged a partnership where vision meets velocity: Tinubu’s bold repeal of barriers meets Sawyerr’s boots-on-the-ground execution, turning abstract policy into tangible triumphs. It’s a synergy that’s non-discriminatory by design—Christians, Muslims, every tribe and tongue united in access—fostering national cohesion through classrooms, not courtrooms.
As Sawyerr himself notes, this is “visionary leadership” in action, where the President’s political will ignites reforms that ripple across generations.
Why does this matter to us, Nigeria’s youth? Because NELFUND isn’t handing out handouts—it’s handing out horizons. In a country where 53% of us grapple with unemployment, these loans aren’t just funds; they’re fuel for innovation, entrepreneurship, and endurance.
Picture it: A first-generation polytechnic student in Maiduguri, once sidelined by fees, now graduates debt-free (repayments start two years post-NYSC, employer-deducted for ease) and launches a tech startup. Or a vocational trainee in Enugu, equipped with skills funding, revolutionizing local agriculture. This is quality education that endures—not fleeting certificates, but lifelong launchpads. Sawyerr’s focus on human-centered design ensures loans cover not just books, but bread—upkeep stipends of ₦20,000 monthly keeping hunger at bay so minds can soar. Under his watch, NELFUND has debunked doubts, refuted fraud claims, and delivered results that scream sustainability: Over ₦99.5 billion to 510,000 students by September, with 228 institutions on board.
As youth leaders, we see NELFUND for what it is: A covenant with our future. President Tinubu and MD Sawyerr aren’t just allies; they’re architects of an educated, empowered Nigeria—one where poverty’s grip loosens with every approved application, and innovation blooms from every funded desk. This isn’t charity; it’s an investment in the 70 million of us who will lead tomorrow.
We’ve crossed one million applications not because of luck, but leadership—a duo that’s turning “access denied” into “future unlocked.”
To President Tinubu: Thank you for daring to dream big and backing it with action.
To Akintunde Sawyerr: You’re the executor we needed, proving that one steady hand can steady a nation.
And to every Nigerian youth: Apply. Graduate. Conquer.
Because with NELFUND, your generation isn’t just surviving—it’s thriving, enduring, and eternal.
The Renewed Hope isn’t a slogan; it’s our story, now written in scholarships and success. Let’s keep turning the page.
Dayo Israel is the National Youth Leader of the All Progressives Congress (APC).
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