Only 20% of N25trn 2024 Budget Goes to Capital Projects
The Federal Government has spent just N4.99tn – only 20 per cent of its total N24.91tn budget – on capital projects in 2024, leaving the country’s infrastructure needs largely underfunded.
Despite a significant rise in government...
Nigeria Pledges Climate Solidarity with Saint Lucia, Targets Disaster Risk, Funding Gaps
By Umar Farouk Bala
Nigeria has pledged to support Saint Lucia in confronting shared climate challenges, especially in areas of adaptation, disaster risk reduction, and access to global climate finance.
This commitment was made during...
Rewriting Nigeria’s Fiscal Map with a New VAT Sharing Formula
By Zekeri Idakwo Laruba
In what may become one of the most consequential reforms of Nigeria’s fiscal system, President Bola Tinubu has signed into law a new Value Added Tax (VAT) sharing formula that dramatically alters...
Tinubu’s Tax Leap and the Ghosts of Federalism
By Egiganya Jo-Madugu
Nigeria has long struggled with an underperforming tax system, marred by inefficiency, outdated laws, low compliance, and a weak revenue base. Over time, several reform efforts have been introduced to strengthen the system and boost...
Tinubu's Tax Reforms and the Trust Deficit
By Bilkisu Ahmed Shekarau
For as long as I can remember, Nigeria has had one reform or the other aimed at fixing our broken tax system. Each one arrives with bold promises—more revenue, less corruption, better governance—but somehow, the...
Merits of Tinubu's Bold Economic Policies
By Raheem Akingbolu
By the time President Bola Ahmed Tinubu assumed the leadership of the country on May 29, 2023, it was obvious that something had to be given economically if the country would not be brought to her knees...
