Presidency Claims Nigeria Is Wealthy

Presidency Claims Nigeria Is Wealthy

Nigeria is not a poor country. Dr. Tope Fasua, Special Adviser to the President on Economic Affairs, insists the nation suffers from structural inequality rather than a lack of resources. He argues that persistent narratives of poverty distract from the actual work of fixing the economy. Wealth exists within the system, he claims, hidden by…

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Akpabio Blames Rising Insecurity on 2027 Election Plots

  Senate President Godswill Akpabio has attributed the recent escalation of insecurity across parts of Nigeria to political maneuvering ahead of the 2027 general elections, asserting that the unrest is designed to discredit the administration of President Bola Tinubu. Akpabio made the remarks yesterday at the official commissioning of a major tax administration facility by…

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FG: Monthly Revenue Surges 411% as Tax Reforms Take Hold

FG: Monthly Revenue Surges 411% as Tax Reforms Take Hold

Monthly federal revenue has jumped from N711 billion in May 2023 to N3.635 trillion by September 2025, marking a 411.3 per cent increase under the current administration. Zacch Adedeji, Executive Chairman of the newly christened Nigeria Revenue Service (NRS), announced these figures during the inauguration of the agency’s 16-storey headquarters in Abuja. The growth reflects…

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Tinubu Tax Reforms Shift Burden From Livelihoods To Profits

Tinubu Tax Reforms Shift Burden From Livelihoods To Profits

Nigeria’s tax landscape is undergoing a fundamental restructuring aimed at relieving low-income earners while tightening the net on high-net-worth individuals and corporate profits. Speaking at the 2026 BusinessDay Tax Conference in Lagos, Adesokan of the Joint Revenue Board (JRB) revealed that the reforms seek to stop “taxing poverty.” The new regime consolidates a fragmented library…

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