Of road taxation in Nigeria
MARTIN Ike-Muonso
March 7, 2022
There are at least four reasons why road taxes are still justifiable in Nigeria. The most obvious is revenue generation for maintaining existing road infrastructure and constructing new ones. For instance, it will cost both the federal and state governments approximately N17.61 trillion to repair all the roads in Nigeria. This estimate also assumes that […]
Is Africa about to implode (4)
Olukayode OyeleyeFebruary 28, 2022
MANY EVENTS ARE UNFOLDING FAST. On the global stage, a number of such events are worrisome and are a cause for alarm. Even those considered as happening far away have proven their immediate and long term implications for specific countries and regions. That is where Africa’s possible implosion seems to gain more traction. In the […]
Geospatial intelligence for IGR boost
MARTIN Ike-MuonsoFebruary 28, 2022
Geo-referenced data usage in making strategic policy and entrepreneurial decisions and solving complex problems has grown since the 1980s. Its relevance and use traverse virtually every aspect of business and government planning and management, including land-use and infrastructure planning, property tax assessments, access to healthcare, water, education, and other basic social amenities. Geospatial intelligence presents […]
Is Africa about to implode? (3)
Olukayode OyeleyeFebruary 21, 2022
SOME SILVER LININGS MAY actually be showing up around the dark clouds coalescing over Africa’s sky. Depending on some unfolding realities, the continent may be able to weather the storm. If Africa is able to seize on the gathering momentum as well as the opportune moment and sustain a tempo of positive change, some harms […]
IGR expansion and public sector governance
MARTIN Ike-MuonsoFebruary 21, 2022
The relationship between improved governance and IGR expansion strategies is mutually reinforcing. Excellent public sector governance, which crystallises in the efficient provision of public goods, raises citizens’ sense of shared ownership and willingness to comply with tax payment obligations. This perspective is more prevalent in literature than discussions around the role of IGR expansion efforts […]
Is Africa about to implode? (2)
Olukayode OyeleyeFebruary 14, 2022
SAHEL REGION OF AFRICA has become a region that can no longer be ignored. Disregarding the potential vulnerability of the region over the years has opened the vast area to a variety of assaults – from environmental to social and economic. Now, the region is in serious crisis, one that has many dimensions and requires […]
Tax policy effectiveness for IGR expansion
MARTIN Ike-MuonsoFebruary 14, 2022
In modern public finance, the role of taxation is primarily four: [a] revenue generation for the provision of public goods, facilitation of production efficiency and the handling of governments operational expenditures, [b] the stabilization of economic growth process, [c] resource redistribution, and [d] other non-economic objectives such as discouraging harmful goods consumption. Tax policy design […]
Is Africa about to implode? (1)
Olukayode OyeleyeFebruary 7, 2022
SLOGANS ARE GOOD when they aim at specific subjects, particularly when the spirit and the letter in the slogans are in full agreement. Beyond that, slogans will forever be incapable of solving any existential problem, especially when not backed with sincere, determined, focused, coherent and consistent actions. The African Union’s (AU’s) campaign on “Silencing the […]
Building a reliable taxpayer database
MARTIN Ike-MuonsoFebruary 7, 2022
The demand for comprehensive and accurate taxpayer databases has continued to blossom worldwide. Most progressive governments in the developing world know that successfully putting such a robust database in place is synonymous with setting up a goldmine for independent revenue generation. An efficient taxpayer database is a backbone for tax data mining and enhanced insights […]
The place of subnational government legislatures in revenue mobilization
MARTIN Ike-MuonsoFebruary 7, 2022
All policies and compliance processes regarding taxation substantially rest on legislative approval. The law mandates tax compliance on the income of taxable adults and the owners of taxable assets. The legislature must approve the tax policies for them to become law. They must also specify the penalties for non-compliance and other kindred processes for effectiveness. […]