Tax Ombudsman Pushes Fairness in Nigeria’s Tax System
By Oluwakemi Kindness Nigeria’s Tax Ombudsman, John Nwabueze, has called for a shift in the country’s tax culture, advocating for one built on trust and understanding rather than fear or coercion. He stated this at the 159th meeting of the Joint Revenue Board in Lagos, where he stated that improving tax compliance depends on strengthening […]
FG Rejects World Bank Hidden Spending Claims
By Oluwakemi Kindness The Federal Government has rejected claims of hidden spending and diversion of federation revenue, saying recent reports misinterpret the World Bank’s Nigeria Development Update. Minister of State for Finance, Taiwo Oyedele, said suggestions that funds are being “diverted” reflect a misunderstanding of Nigeria’s fiscal system. “These interpretations misrepresent the World Bank’s analysis […]
Edun Urges More Funding for Developing Economies Facing Global Squeeze
By Oluwakemi Kindness The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has called for expanded access to affordable financing for developing countries, stressing that global support must match the scale of current economic challenges. Edun made the call at the Intergovernmental Group of Twenty-Four (G24) news conference, held on the sidelines […]
VP Shettima, Akabueze Slams Budget Process Over unclear Laws
By Oluwakemi Kindness The Vice President, Kashim Shettima, and former Director-General of the Budget Office, Ben Akabueze, have called for urgent reforms to Nigeria’s budgeting system, warning that weak structures and poor implementation are undermining national development. They spoke at a two-day National Policy Dialogue organised by the National Assembly Joint Committee on National Planning […]