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Press Release – Our Government is Broke

Our revenue to GDP ratio is disturbingly low. In the last decade, Nigeria’s Tax to GDP ratio has recorded its highest and lowest ratios at 9.6% in 2011 and 5.3% in 2016, currently at 8%. It is the second lowest in Africa and fourth lowest in the world.[3] South Africa is 29%, Ghana 18%, Egypt 15% and Kenya 18%[4]. The average Tax to GDP ratio for OECD countries is 34%.[5] According to the International Monetary Fund (IMF), evidence shows that at 3%-4% GDP ratio, Nigeria’s non-oil revenue have been one of the weakest worldwide, reflecting, weakness in revenue administration system and systemic non-compliance.

We cannot adequately fund our priorities – our police, our schools, our military and health. We need to raise government revenue capacity in order to address these urgent critical spending needs.

Consequently, Youth Party is constrained to release its revenue plan titled ‘Bold Revenue Plan for Nigeria’. The underlying philosophy of the plan is increasing our tax base, whilst reducing tax rates to attract investments and encourage tax compliance.  We intend to raise $US 30bn within 3years. Specifically, we are going to reduce our consolidated corporate tax from 34.5% to 22.5%; reduce the average oil tax to 70% onshore, 80% deep water, 25% frontier basin, 25% transitional to be competitive; restrict subsidy to public transport; reduce cost of governance by implementing the Oronsaye Report and the cost of running NASS; divest 20% of the 49% FGN equity in NLNG and 20% of FGN equity in Nigerian Petroleum Development Company Ltd (NPDC)  to raise $US19.5bn; increasing the revenue to GDP ratio of 8% to 14%; amongst others.

We intend to ring fence and dedicate to specific capital projects, through a trusted Sovereign Wealth Fund, the $US19.5bn expected to be raised from partial divestment of FGN’s equity in NLNG and NPDC, in order to rescue our broken critical public infrastructure and services,  in the following manner:

  1. Recruit, re-train and re-tool the Nigerian Police to improve the capacity to protect and secure lives and properties with at least $US 3bn;
  2. Build high speed rail lines connecting the 6 geo-political zones with $US 9bn;
  • Recruit, retrain and re-tool basic education Sector to the tune of $US 5bn
  1. Revamp our public health sector with $US 2.5bn;

 

You can download our Bold Revenue Plan on our Website here

We will be presenting our Plan to the public on Sunday, 22nd March, 2020, at the Civic Centre,  Lagos, at 4pm, prompt ,where experts would be discussing, sharing ideas, critiquing based on our plan. Most importantly, we will be seeking a consensus on the way forward in fixing our national revenue being a critical part of governance. This event is part of our efforts in discharging one of our fundamental objectives as a political party to develop policies to improve the lives of Nigerians. Our other fundamental objectives being a vehicle for winning political offices and serving as effective opposition to bad government policies/alternate government when not in power.

You can register for the event here  bit.ly/boldrevplan

Thank you

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Press Release – July 2019

The Youth Party is set to conduct its Primary Elections in preparation for the gubernatorial elections in Kogi and Bayelsa State in line with the Electoral Act (2010) (as amended) and the Independent National Electoral Commission (INEC) guideline.

Here is to announce that the Youth Party’s National Executive Committee (NEC) has issued guidelines for the conduct of the Party’s primaries for the Gubernatorial Elections in Kogi and Bayelsa State in conformity with the INEC Guidelines on the conduct of party primaries.

Furthermore, in compliance with the Electoral Act (2010) (as amended) and the Independent National Electoral Commission (INEC) guideline the Timetable and Schedule of activities for the conduct of the 2019 Governorship Primary Elections in Kogi and Bayelsa is as follows:

 

 

S/N

 

ACTIVITIES

 

TIMELINE

 

1.

 

Sale of Forms

 

15th July, 2019 – 12th August, 2019

 

2.

 

Screening

 

14th August – 25th  August, 2019

 

3.

 

Appeals

 

26th August – 31st  August 2019

 

4.

 

Governorship Primaries

 

 

2nd September

 

5.

 

Appeals arising  from Primaries

 

3rd September, 2019

 

The Party has made Nomination and Expression of Interest Forms available at the National Secretariat and State Offices from 15th July – 10th August, 2019.

Find below the fees for the Purchase of Forms:

S/N Position Expression of Interest Form Nomination Form
1. Governorship N100,000 N1,000,000

 

 

 

The Youth Party primaries guideline and further information are available on the Party’s website: www.youthpartyng.com.

Kindly note that the primaries as stated above will be conducted on the basis of One Member One Vote (OMOV); no delegates or super delegates. All party members are entitled to vote. Our Nomination Forms are affordable. Voting will be innovative and convenient as we are adopting electronic means: online and SMS. It will be secured, monitored by candidates and INEC, and secret as required by the law. The guidelines for the primaries are open and accessible for transparency. The members’ list/voters list for each constituency or elective position will be available to all aspirants without discrimination.

The Party is committed to expanding the democratic space by providing a level playing field for all aspirants on its platform. We encourage anyone who aspires to contest in a free and fair primaries to join the Party at www.youthpartyng.com/join-movement/. Likewise, persons interested in voting for a candidate of their choice in a party primaries without fear or favour, are encouraged to join the Party. The Party preaches transparent political leadership and followership that frowns at money politics, bribery, violence, ‘short termism’, repression and corruption.

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Youth Party Condemns Last Minute Postponement

It is with deep disappointment that we acknowledge the news of INEC’s postponement of today’s Presidential and National Assembly Elections and next Saturday’s Governorship and State Assembly Elections to next Saturday 23rd February and Saturday 9th March, 2019, respectively.

Indeed, it is an unfortunate development: we do not welcome the postponement of an election that has been planned for approximately 4 years, hours to the commencement of voting.

Due to this unfortunate disappointment, the lives and businesses of hardworking Nigerians have been disrupted. As a Nation, we have incurred losses and costs, which would have been entirely avoidable.

We noted similar postponements in 2011 and 2015, and had hoped for better planning and implementation for future elections. Sadly, this is not the case.

We enjoin our fellow Nigerians to be prepared to vote for Youth Party candidates on the new dates. We cannot afford disillusion and apathy.

We must perform our civic duty. Delay is not denial, and with our commitment and togetherness, we will Shape The Future of our dear Country.

God bless Nigeria.

Ms. Ilamosi Ekenimoh
National Publicity Secretary

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YOUTH PARTY ANNOUNCES ELECTION PRIMARIES

The Youth Party, a political party recently registered by the Independent National Electoral Commission (INEC), is set to conduct its Primary Elections in preparation for the 2019 general elections.

The Party’s National Organising Secretary, Mr. Olusegun Adeniyi, announced that in conformity with the INEC Guidelines on the conduct of party primaries, the Youth Party’s National Executive Committee (NEC) has issued guidelines for the conduct of the Party’s primaries.

Furthermore, the Schedule for the Party’s Primary Elections is as follows:

  1. Sale of Forms                                                      20th August – 8th September, 2018
  2. Screening                                                             5th September – 9th September, 2018
  3. Appeals                                                                6th September – 10th September, 2018
  4. State House of Assembly Primaries                2nd October, 2018
  5. House of Reps. and Senate Primaries            2nd October, 2018
  6. Governorship Primaries                                   3rd October, 2018
  7. Presidential Primary                                         3rd October, 2018
  8. Appeals from Primaries                                   3rd October – 4th October, 2018

The Party has made Nomination and Expression of Interest Forms available at the National Secretariat and State Offices from August 20 – September 1, 2018. The following are the fees:

S/N Position Expression of Interest Form Nomination Form
1. President N200,000.00 N2,000,000.00
2. Governor N100,000.00 N1,000,000.00
3. Member, Senate N80,000.00 N800,000.00
4. Member, House of Representatives N40,000.00 N400,000.00
5. Member, State House of Assembly N20,000.00 N200,000.00
6. Member, FCT Area Council N2,500.00 N25,000.00

Read More

Also read Youth Party Primary Election Guidelines by clicking the link below.
Guidelines for Primaries

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A NEW DAWN FOR NIGERIANS AS YOUTH PARTY GETS INEC REGISTRATION

LAGOS: There is a new dawn for Nigerians as the Independent National Electoral Commission (INEC) finally registers Youth Party as announced on Tuesday, August 14, 2018. Confirming this in Lagos, Ms. Ilamosi Ekenimoh, the National Publicity Secretary of Youth Party, said that the journey started as far back as 2014, when a group of young Nigerians decided to birth a new generation political platform to serve and unite Nigerians…

We commiserate with Birane Village, Zurmi LGA, Zamfara State

We commiserate with Birane Village, Zurmi LGA, Zamfara State

 

We at Youth Party send our condolences to the people of Zamfara State in particular, and the entire Nation in general over the loss of 18 lives in an attack by yet unapprehended gunmen in Birane village in Zurmi Local Government area of the State. The Public Relations Office of the state’s police command, Deputy Superintendent of Police Muhammad Shehu, confirmed this saddening development on Thursday.

 

For years, there have been attacks and reprisal attacks between herdsmen and farming communities, leading to loss of lives and homes, especially in the Northeast and North Central states of the Country. It might be difficult to verify who is behind these attacks but what is undeniable is that these attacks have gone on for way too long

 

These wanton attacks have gone largely unchecked by the security agencies and the government, who have looked on, seemingly helpless to check these herdsmen and anyone trying to foment trouble.

 

Various proposals have been suggested as a way of quelling these attacks, but they must be actualised as soon as possible to bring peace to the land. Security agencies must intensify efforts at apprehending the perpetrators, while being proactive in preventing such attacks. Without peace, growth and development is nigh impossible for any community or country.

 

For too long, this country has suffered from the ills of terrorism and violence, especially in the north, whether it be Boko Haram or herdsmen/farming community clashes. This situation cannot be allowed to continue. It is the responsibility of any government to provide security for all of its citizens.

 

Every single Nigerian life is valuable and should always be protected by the might of the State. No more lives should be lost to terror of any kind.

 

The Youth Party calls on the Federal Government to take concrete steps to combat this menace of terrorism and violence and put a definite stop to it. The longer it is allowed to fester, the worse off we are as a nation. A lasting solution must be found.

 

Our thoughts and prayers are with those who have lost loved ones and properties in the attacks.