Africa’s place in a period of global warming (7)
Olukayode Oyeleye
September 19, 2022
MALDIVES, A SMALL ISLAND STATE in South Asia with a population of well over half a million people, is at risk. The country, spread over a thousand islands and famed for its aquatic life, luxurious beaches and breath-taking seascape such that it can sometimes be difficult to know where the azure sky meets the clear […]
Enhancing the tax compliance of HNIs and VIPs
MARTIN Ike-MuonsoSeptember 12, 2022
The progressive tax system, based on taxpayers’ ability to pay, imposes higher tax rates on those with higher incomes. The Nigerian tax system is quite progressive, with gradatory rates increasing with income and wealth. Lower-income earners and those who spend a sizeable proportion of their income on necessities ideally should benefit more from progressive taxation. […]
Africa’s place in a period of global warming (6)
Olukayode OyeleyeSeptember 12, 2022
LIGHTS MAY BE GOING OUT in many parts of the continent of Europe in November this year while the United Nations Climate Change Conference of Parties (COP) 27 meeting gets underway in Sharm El Sheikh, a cosy town on the north-eastern fringe of Egypt. The night time satellite imagery of Europe may not be exactly […]
Ethical issues in SNG-IGR growth
MARTIN Ike-MuonsoSeptember 5, 2022
Effective human interactions are often contingent on principles of proper conduct. It becomes even more pronounced with the exchange of money or other things of value. That is why businesses with solid reputations thrive much better than the ones without them. In the same vein, it is difficult for subnational governments to expand their internally […]
Africa’s place in a period of global warming (5)
Olukayode OyeleyeSeptember 5, 2022
ENERGY WARS LOOM GLOBALLY, not necessarily in the conventional context of trench battles, military operations, firing of cannons and missiles, but in the form of tit-for-tat diplomacy, business decisions, economy and politics. This finds expression in the diplomatic showdown between the European Union (EU) and Russia, which shows no immediate sign of easing as the […]
Africa’s place in a period of global warming (4)
Olukayode OyeleyeAugust 29, 2022
ENERGY WILL BE AT THE heart of the future economy, locally and globally. It will set apart the poor and the prosperous. It will define prosperity or poverty at the individual, household, corporate, national and global levels. Energy will influence productivity in no small measure for good or for bad. The dichotomy is already becoming […]
Africa’s place in a period of global warming (3)
Olukayode OyeleyeAugust 22, 2022
PLACARDS, BANNERS AND POSTERS of protesters may or may not be obvious or ubiquitous in November in Egypt in a manner reminiscent of the Battle of Seattle, a series of protests that marred the November 1999 World Trade Organisation (WTO) Ministerial Conference in Washington State in the US. Rather, there may be protests right within […]
Designing an effective subnational IGR expansion strategy (2)
MARTIN Ike-MuonsoAugust 22, 2022
The medium-term revenue strategy (MTRS) is tax dominant and narrowly focuses on tax reforms over the medium-term. The subnational government (SNG) internally generated revenue (IGR) expansion strategy is more broadly focused, covering virtually all non-tax revenue sources and revenue collection institutions. The IGR expansion strategy also avoids a puffy fixation on the medium-term but gives […]
Designing an effective subnational IGR expansion strategy (1)
MARTIN Ike-MuonsoAugust 15, 2022
Like many other economic and financial variables, the internally generated revenue expands in response to three underlying core parameters: economic growth, citizens’ trust in the government, and the strength of revenue-collection institutions. Economic growth provides income for taxes and other payments collectable by the government. Citizens’ trust shows how willing they are to entrust […]
Africa’s place in a period of global warming (2)
Olukayode OyeleyeAugust 15, 2022
IN ABOUT 100 DAY’S TIME, the city of Sharm El Sheikh in Egypt will host the world’s 27th United Nations Climate Change Conference, commonly referred to as Conference of Parties (COP) 27. This will be from November 6 to 18. This conference will have a lot of implications for Africa’s future in many different ways […]