news
Just IN : Tinubu Approves Taiwo Oyedele as Chairman of Fiscal Policy and Tax Reforms Committee

President Bola Tinubu has approved the establishment of a Presidential Committee on Fiscal Policy and Tax Reforms.
The committee according to a statement issued by Dele Alake, Special Adviser to the President on Special Duties, Communications and Strategy on Friday will be chaired by Fiscal Policy Partner and Africa Tax Leader at PriceWaterhouseCoopers (PwC), Mr. Taiwo Oyedele.
The statement said that setting up the committee was in consonance with President Tinubu’s promise to remove all barriers impeding business growth in Nigeria.
It explained that the committee will comprise experts from both the private and public sectors and have responsibility for the various aspects of tax law reform, fiscal policy design and coordination, harmonization of taxes, and revenue administration.
Explaining further, the Special Adviser to the President on Revenue, Mr. Adelabu Zacch Adedeji, said that President Tinubu recognizes the importance of a sound fiscal policy environment and an effective taxation system for the functioning of the government and the economy.
He said, ”Nigeria ranks very low on the global ease of paying taxes while the country’s Tax to GDP ratio is one of the lowest in the world and well below the African average.
”This has led to an overreliance on borrowing to finance public spending which in turn limits the fiscal space as debt service costs consume a greater portion of government revenue, annually resulting in a vicious cycle of inadequate funding for socio-economic development.
”While some incremental progress has been recorded over the years, the outcomes have not been transformative enough to change the narrative,” he said.
Adedeji outlined the key challenges in Nigeria’s tax system to include multiple taxes and revenue collection agencies, fragmented and complex tax system, low tax morale, high prevalence of tax evasion, high cost of revenue administration, lack of coordination between fiscal and economic policies, and poor accountability in the utilization of tax revenue.
The establishment of this committee reflects President Tinubu’s commitment to addressing these challenges and bringing about transformative reforms in fiscal policy and taxation.
The committee’s primary objective is to enhance revenue collection efficiency, ensure transparent reporting, and promote the effective utilization of tax and other revenues to boost citizens’ tax morale, foster a healthy tax culture, and drive voluntary compliance.
These efforts will not only improve Nigeria’s revenue profile but also create a more conducive and internationally-competitive business environment.
”Our aim is to transform the tax system to support sustainable development and achieve a minimum of 18% Tax to GDP ratio within the next 3 years without stifling investment or economic growth.
”It should be noted that this committee will not only advise the government on necessary reforms, but will also drive the implementation of such recommendations in support of the comprehensive fiscal policy and tax reform agenda of the current administration,” the SA on Revenue added.
Mr. Oyedele is said to be a highly accomplished professional with extensive expertise in fiscal policy, taxation, and economic matters. He currently serves as PWC Africa tax leader.
He is the Thematic Lead for the Fiscal Policy & Planning Commission and serves as the Chairman of the West Africa Debt Management Roundtable of the Nigerian Economic Summit Group (NESG).
He chairs the Taxation & Fiscal Policy Faculty Board of the Institute of Chartered Accountants of Nigeria (ICAN) and is a member of the Nigerian Taxation Standards Board.
He also serves as a member of the Ministerial Committee on the implementation of Nigeria’s National Tax Policy.
He is a member of the Global Tax Forum and has previously served as a member of the Global Governing Council of the Association of Chartered Certified Accountants (ACCA).
As an educator, Oyedele holds the position of Associate Professor at the Babcock University Business School.
He is an alumnus of the London School of Economics & Political Science, Yale University and Harvard Kennedy School Executive Education. He is a guest lecturer at the Lagos Business School and the Founder and President of Impact Africa Foundation.
By Cynthia Alo To prevent collapse of the manufacturing sector, job losses and more suffering for Nigerians at the bottom of the economy ladder, world’s leading management and financial consultancy, PricewaterhouseCoopers, PwC, has called on the Federal Government to improve the tough operating environment in the country before imposing the proposed…
news
Airlin Advocacy Commissions Jos Office, Targets 7m Members By Next Elections,Says Mohammed Gamawa

During the inauguration ceremony, the National Chairman of Airlin, Mohammed Gamawa, delivered a keynote address, emphasizing the organization’s commitment to educating Nigerians on their civic rights and responsibilities.
According to Gamawa, Airlin aims to bridge the gap between citizens and the principles of the rule of law by fostering a society where people understand not only their rights but also what is expected of them by the country.
“Our goal is to foster interaction among Nigerians, promote respect for the rule of law, and ensure citizens know their rights and civic responsibilities — such as voting to elect future leaders not based on materialism but based on integrity and competence,” Gamawa stated.
He added that understanding and exercising one’s franchise, especially during elections, must go hand in hand with being law-abiding and fully aware of civil responsibilities.
As part of its mission, Airlin is currently targeting 19 states in Northern Nigeria, with Jos becoming the 15th state to be commissioned.
The ceremony also featured the appointment of state and local government coordinators who will help drive the organization’s grassroots advocacy efforts.
With a current membership base of 2.1 million Nigerians aged 18 and above, Airlin projects a significant growth trajectory, aiming to reach 7 million members before the next general elections.
news
Nothing new in FBI report on Tinubu, says Onanuga

Senior Special Adviser to the President on Information and Strategy Bayo Onanuga has dismissed a report of a United State (U.S.) court ordering two law enforcement agencies to release information on President Bola Ahmed Tinubu during a “purported federal investigation in the 1990s.”
In a tweet on his verified X handle, Onanuga told those agitated by the directive that there would be nothing revealing in the anticipated report.
In an April 9 ruling, District Court for the District of Columbia Judge, Beryl Howell ordered the Department of State, Federal Bureau of Investigation (FBI), Internal Revenue Service (IRS), Drug Enforcement Administration (DEA) and the Central Intelligence Agency (CIA) to release the information to Mr. Allan Greenspan.
The information being sought by Greenspan was classified as “confidential information” generated during a “purported federal investigation in the 1990s.”
Judge Howell said that protecting the information from public disclosure “is neither logical nor plausible.”
Commenting on the ruling, Onanuga said: “There is nothing new to be revealed. The report by Agent Moss of the FBI and the DEA report have been in the public space for more than 30 years. The reports did not indict the Nigerian leader”, Onanuga said yesterday.
He said that counsel to the President have been “examining the ruling”.
news
Oyetola Leads Nigeria’s Strategic Bid for IMO Council Seat, Aiming for Global Maritime Influence

Nigeria is setting sail towards a greater role in international maritime affairs as it bids for election into Category C of the International Maritime Organization (IMO) Council.
Leading this ambitious push is the Honourable Minister of Marine and Blue Economy, His Excellency Adegboyega Oyetola (CON), whose vision is to position Nigeria as a dominant force in global shipping and maritime governance.
The IMO, a specialized United Nations agency responsible for regulating international shipping, holds its Council elections later this year. Category C is specifically reserved for nations with significant interests in maritime transport and trade, providing them with a platform to contribute to shaping global maritime policies. For Nigeria, securing a seat is not just a diplomatic pursuit it represents a strategic leap forward for economic growth, regional leadership, and maritime security.
At the heart of this campaign is Nigeria’s intention to amplify its voice in international maritime decisions. Membership in the IMO Council would afford the country a pivotal role in the formulation of regulations and policies that affect shipping, safety, environmental protection, and trade. This influence would allow Nigeria to safeguard both its national interests and those of the broader West African sub region.
Economic prospects tied to the blue economy form another cornerstone of Nigeria’s bid. With a coastline stretching over 850 kilometers and a maritime domain rich in resources, Nigeria is aggressively advancing its blue economy agenda. A seat at the IMO table is expected to draw foreign investment, stimulate port infrastructure development, and enhance trade efficiency all in line with President Bola Tinubu’s broader strategy for economic diversification.
Maritime security is also high on the agenda. Nigeria, which has made considerable strides in curbing piracy in the Gulf of Guinea, sees IMO Council membership as a means of deepening international collaboration, adopting global best practices, and enhancing safety standards along its waterways.
The campaign also underscores Nigeria’s commitment to human capital development. By aligning more closely with the IMO, Nigeria aims to provide its maritime professionals especially young people with increased access to global training programs and capacity building initiatives. This would help nurture a new generation of skilled seafarers, engineers, and administrators capable of competing on the world stage.
Nigeria’s regional leadership is also in focus. As Africa’s largest economy, the country seeks to use its potential IMO seat to drive greater cooperation among African maritime nations, promote sustainable development, and project a unified continental voice in international maritime diplomacy.
In addition, Nigeria anticipates increased access to technical support and maritime innovation through IMO engagement. This includes advancements in shipping technology, logistics modernization, and enhanced port management critical components for a thriving maritime industry.
Oyetola’s Vision and Commitment
Oyetola, since his appointment, has consistently emphasized the need for Nigeria to embrace its maritime identity and assert its global relevance. His advocacy for Category C membership has been described by stakeholders as a bold and necessary step in unlocking the full potential of the sector.
“Nigeria must take its rightful place on the global maritime stage. Our waters, our people, and our potential deserve nothing less,” Oyetola affirmed during a recent stakeholders’ engagement on the bid.
As the IMO elections approach, there is growing optimism that Nigeria’s strategic location, extensive maritime assets, and clear policy direction will earn it a seat at one of the most influential tables in global shipping. The journey to Category C may be competitive, but with strong leadership at the helm, Nigeria is navigating with purpose and promise.
Jamiu Omookose
-
news4 years ago
UPDATE: #ENDSARS: CCTV footage of Lekki shootings intact – Says Sanwo – Olu
-
news1 year ago
Environmental Pollutions : OGONI COMMUNITY CRIES OUT, THREATENS TO SHUT DOWN FIRSTBANK,SHELL OIL COMPANY OPERATIONS FOR NOT PAYING COURT AWARD
-
news2 weeks ago
Breaking : TInubu appoints Bashir Ojulari as new CEO group of NNPC and GMD mele kyari get sacked, Says Onanuga
-
news3 weeks ago
Update : Fubara ordered bombing of Rivers Assembly, I am not under duress I resigned, Says ex-Rivers HoS Nwaeke
-
interview2 weeks ago
NIGERIA MECHANIZED AGRO EXTENSION SERVICE PROJECT, A STRATEGIC MOVE TO ALLEVIATE POVERTY – DR. AMINU ABDULKADIR
-
news3 weeks ago
Tinubu commended Nandap for her leadership, extends Comptroller-General tenure till 2026, says Onanuga
-
news4 days ago
Nothing new in FBI report on Tinubu, says Onanuga
-
news1 week ago
Update : FG confirms continuation of crude, refined product sales in Naira initiative, Says Wale Edu