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Opinion

How Abiodun is turning the Ogun economy around

How Abiodun is turning the Ogun economy around

By Kayode Akinmade Since assuming office as the fifth democratically elected Governor of Ogun State, Prince Dapo Abiodun, a billionaire business mogul with decades of boardroom experience, has not ceased marketing Ogun State as Nigeria’s investment destination of choice. As a visionary leader, one who, according to Forbes magazine, “sets a long-term vision, creates a ...

Telecom and the hike economy

Significance of President Tinubu’s Enugu visit

Ogun: Measured steps towards 2027

Tax reform bill: Demystifying NLC Chairman, Joe Ajaero’s call for withdrawal

Equipping prisoners with vocational skills to combat post-release unemployment in Nigeria

2024 Recap: How Zacch Adedeji broke record of tax administration in Nigeria

2024 Recap: How Zacch Adedeji broke record of tax administration in Nigeria

By Arabinrin Aderonke Change is never easy, but it is often necessary. In 2024, Nigeria witnessed a series of reforms that underscored the power of determined and purposeful leadership. Dr. Zacch Adedeji, Executive Chairman, Federal Inland Revenue Service (FIRS), has redefined the tax sector in Nigeria. His efforts were not merely about adjusting policies; they ...

Protecting telecommunications infrastructure: A national imperative for Nigeria’s digital future

Protecting telecommunications infrastructure: A national imperative for Nigeria’s digital future

By Femi Adeniran Imagine waking up one morning to find no internet, no mobile network, and no access to emergency services—all because a single fibre cable was carelessly severed during routine construction. This is not just a hypothetical scenario; it’s a reality that plays out daily across Nigeria, threatening the backbone of our digital economy ...

Ahead of midterm, emerging signs favourable for the Tinubu Administration

Ahead of midterm, emerging signs favourable for the Tinubu Administration

By Bayo Onanuga Although the Tinubu Administration’s midterm is five months away, President Bola Ahmed Tinubu can proudly reflect on his administration’s journey over the last 19 months. After initial turbulence, the government concluded 2024 stronger than 2023, as many policies began yielding significant results that even the most ardent detractors could not ignore. Under ...

Breaking the power of multitudes: A historical approach to aafe and effective food distribution

Breaking the power of multitudes: A historical approach to aafe and effective food distribution

In recent weeks, Nigeria has witnessed heartbreaking incidents of stampedes during food-sharing activities in Oyo, Anambra, and Abuja. These tragedies, which claimed lives, were borne out of well-meaning acts of kindness aimed at alleviating the harsh economic realities faced by many. Unfortunately, these events highlight the unintended consequences of inadequate crowd management during philanthropic activities. ...

Achieving 15% inflation and economic diversification in 2025

Achieving 15% inflation and economic diversification in 2025

By Kenechukwu Aguolu President Bola Ahmed Tinubu GCFR, presented the Proposed 2025 Budget of Restoration, titled “Securing Peace, Rebuilding Prosperity,” to a joint session of the National Assembly on Wednesday, December 18, 2024. as required by the Nigerian Constitution. As expected, there have been divergent opinions about the appropriation bill with many referring to it ...

Tracking the barrels: NNPC Ltd’s PMCC revolutionises hydrocarbon operations and boosts production

Tracking the barrels: NNPC Ltd’s PMCC revolutionises hydrocarbon operations and boosts production

By Olufemi Soneye The Nigerian National Petroleum Company Limited (NNPC Ltd), under the leadership of Mele Kyari, has introduced the Production Monitoring Command Centre (PMCC) as a transformative step in hydrocarbon operations. This initiative, driven by NNPC Upstream Investment Management Services (NUIMS), builds on the success of the Command and Control Centre to enhance monitoring, ...

IOCs divestment: Navigating regulations, unlocking growth opportunities for indigenous oil companies

IOCs divestment: Navigating regulations, unlocking growth opportunities for indigenous oil companies

By Akpandem James In recent years, international oil companies (IOCs) operating in Africa have been moving to sell off some of their assets and relocate to more profitable, environmentally and socially friendly operational landscapes. While some considered moving from one jurisdiction to another within the continent, others contemplated a complete exit. About 26 oil blocks ...

Counting the gains of Tinubu’s economic renewal

Counting the gains of Tinubu’s economic renewal

By Mohammed Idris As the first full year of President Tinubu’s administration, 2024 has come with its unique share of challenges and triumphs. As we look back at the ongoing year, this is the perfect time to reflect on the President’s vision for a transformed Nigeria and how 2024 has provided numerous opportunities to manifest ...

Dangote’s goodies bag: Fueling joy and fairness across Nigeria

Dangote’s goodies bag: Fueling joy and fairness across Nigeria

By Abiodun Alade Just when Nigerians thought their wallets were running on fumes, Aliko Dangote comes to the rescue with a festive fuel price cut that’s like a vital breath of fresh air. In a move as timely as it is generous, Dangote Petroleum Refinery slashed the ex-depot price of petrol from N970 to N899 ...

The need to reinstate the scrapped Capital Transfer Tax in Nigeria

The need to reinstate the scrapped Capital Transfer Tax in Nigeria

By Emeka Ndu, FCA The recent furore generated by the tax reform bills sponsored by the Tinubu administration has elicited the need to look at the entire concept of tax action in Nigeria. This article will look at an often ignored aspect of taxation, that of taxing residual wealth from generation to generation. As Nigeria ...

Tax reform bills: The North must modernise anyhow

Tax reform bills: The North must modernise anyhow

By Abdullahi Ismaila Ahmad, Ph.D. The tax reform bills recently sent to the National Assembly by President Bola Ahmed Tinubu, GCFR, have generated controversies over the past weeks. Many commentators have expressed their views in support of the bills or against some of their provisions. The Northern Region has expressed vehement objection to the bills. ...

No longer innocent until proven otherwise…

No longer innocent until proven otherwise…

By Bolanle Bolawole “Man is born free and everywhere he is in chains. One man thinks himself the master of others but remains more of a slave than they are” — Jean-Jacques Rousseau. One of the (once-upon-a-time) immovable pillars of our justice system is that a man is presumed innocent until otherwise proven. The man ...

Keyamo, FCCPC: Sheathe your sword!

Keyamo, FCCPC: Sheathe your sword!

By Bola Bolawole “Blessed are the peacemakers: for they shall be called the children of God” - Matthew 5:9. Dogs eating dogs and birds gnawing at each other’s innards is one way to describe the war of words between the Minister of Aviation, Festus Keyamo, and the Chief Executive Officer of the Federal Competition and ...

The need to promote equality, equity and fairness in Nigeria’s proposed tax reforms

The need to promote equality, equity and fairness in Nigeria’s proposed tax reforms

By Kenechukwu Aguolu (kenerek1@gmail.com) The proposed tax reform, involving four tax bills introduced by the Federal Government, has received significant criticism. Notably, it was rejected by the Governors’ Forum but was still forwarded to the National Assembly. Unlike the various bold economic decisions made by this government, concessions will likely need to be made on ...

10 ways the Tax Bills will make states richer

10 ways the Tax Bills will make states richer

By Temitope Ajayi Human beings naturally resist change. When comfortable where we are, we find it extremely difficult to embrace an uncharted path or seek greater glory. Those who are risk averse often don't want to venture out to embrace unfamiliar territories no matter how tempting the possible reward may appear. We should not, however, ...

Nigeria’s economic reforms and outlook for the year 2025

Nigeria’s economic reforms and outlook for the year 2025

By Kenechukwu Aguolu There have been divergent opinions about the economic policies adopted by the administration of President Tinubu since it came into power on May 29, 2023. Those opposing the policies can be categorized into two groups: those who are ignorant about the workings of the policies but are genuinely concerned about the short-term ...

The fierce urgency of African Energy Banks

The fierce urgency of African Energy Banks

By NJ Ayuk, Executive Chairman, African Energy Chamber For more than a year, the African Energy Chamber (AEC) has been pushing back against steadily building pressure to halt new foreign investments in Africa’s oil and gas industry. To prevent catastrophic climate change, environmental organizations, financial organisations, and governments across Europe and North America have insisted ...

Dissecting the Tinubu tax reform bills (P.1)

Dissecting the Tinubu tax reform bills (P.1)

By Michael Chibuzo President Bola Tinubu on October 3, 2024 transmitted four tax reform bills to the national assembly. The bills are the Nigeria Tax Bill 2024, the Nigeria Tax Administration Bill, the Nigeria Revenue Service Establishment Bill and the Joint Revenue Board Establishment Bill. Together, these bills would overhaul tax administration and revenue generation ...

Tinubu and Macron: Leveraging friendship for development

Tinubu and Macron: Leveraging friendship for development

By Tunde Rahman It is received wisdom that supportive, high-quality friends in good places are important in human relationships and in advancing personal and group progress. It is also the case in strengthening relationships among nations. Since his assumption of office, President Bola Tinubu has activated the friendship he has built over time in his ...

Measuring national progress, NBS data, and skepticism

Measuring national progress, NBS data, and skepticism

By Bayo Onanuga Recent reports from the National Bureau of Statistics (NBS) have become a focal point of criticism and scepticism, especially by the political opposition and perpetual doubters of any positive report about our country. In its Q2 labour survey report, the NBS says the unemployment rate fell from 5.3% in Q1 to 4.3% ...

Adeleke’s mid-term stewardship: From outrage to upgrade

Adeleke’s mid-term stewardship: From outrage to upgrade

By Jeleel Olawale When Senator Ademola Adeleke was inaugurated as the 6th Executive Governor of Osun State on November 27, 2022, there was scepticism that the governor may not perform in governance as many see him as a dancing senator, which he is known for. It is the belief of many that he may not ...

VAT attribution and derivation: A personal appeal to all parties

VAT attribution and derivation: A personal appeal to all parties

By Muhammad Nami I have read a ton of views on the proposed Nigeria Tax Administration and other tax reform bills. On one hand, some stakeholders decry the bills as being a contrast to the current administration’s championing for local government autonomy. Some, like the National Economic Council (NEC), last month recommended the withdrawal of ...

Adeleke’s leadership: A dance of transformation in Osun

Adeleke’s leadership: A dance of transformation in Osun

By Bamikole Omishore “Great dancers are not great because of their technique; they are great because of their passion.” – Martha Graham In the world of dance, few have mastered the art of movement with the grace and intensity of Martha Graham, whose choreography was marked by a profound understanding of human expression and transformation. ...

The tragedy of commons in Osun

The tragedy of commons in Osun

By Ismail Omipidan I have read and carried out extensive research on issues in the last 23 months than I have done in over three decades. And as I read, I come across issues and contents that perfectly fit our situation in Osun. Just this morning, I stumbled on the Theory of the “Tragedy of ...

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