Columnist

The challenge of multiple taxes has been part of Nigeria’s history. As early as 1954, when Nigeria became a federating unit, there were concerns and disputes about sharing taxing powers between the regions and the federal government. They subsequently resolved it through the 1957 Raisman Commission set up at the Nigerian constitutional conference in London, […]

Many public officials in Nigeria genuinely work for the country’s and its citizens’ betterment. Sadly, they are in the minority. Those enamoured of profligate ostentatious displays with public funds are easily seen and seemingly dominate the space. But this behaviour creates significant socio-economic disparities that affect the way citizens may comply with their tax payment […]

Tax policies are laws enforced by statutorily approved agencies. Sadly, our weak justice system has created copious avenues for criminally minded people to create and enforce their own tax laws. Subnational governments contend with a preponderance of illegal bodies forcefully and dubiously collecting revenues meant for them on the roads, business premises, commercial motor parks, […]

Many nongovernmental organisations depend almost entirely on grants and donations for their survival. Some reasons adduced include statutory barriers from generating profits for their benefit and therefore relying on external support to fulfil their missions. Other reasons include their focus on addressing social issues such as poverty alleviation, education, healthcare, human rights, etc., that may […]

Nigeria always places enormous importance on export revenue. However, policies promoting non-oil exports gained further momentum in the mid-80s in response to the oil price shock. Historically, oil-dominant export and revenue composition made Nigeria vulnerable to fluctuations in global oil prices, with devastating consequences on practically all aspects of our economic life. Ghana, for instance, […]