Nigeria’s regional development commissions, such as the South East Development Commission (SEDC) and the Niger Delta Development Commission (NDDC), were established to tackle localized challenges and foster economic growth. However,…
Nigeria is facing a critical fiscal challenge: a 70% tax gap that severely limits its ability to fund development and address pressing economic issues. According to Mr. Taiwo Oyedele, Chairman…
The tax reform efforts of President Bola Ahmed Tinubu’s administration are facing significant opposition, with Segun Sowunmi, a chieftain of the Peoples Democratic Party (PDP), attributing the backlash to perceived…
In a startling revelation, Mr. Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reform Committee, has disclosed that Nigeria is currently collecting only 30% of its potential tax…
December 5, 2024 – Global and Nigerian Oil Market Analysis The Organization of Petroleum Exporting Countries and its allies (OPEC+) has announced an extension of its oil supply cuts through…
IntroductionIn a country of over 200 million people, Nigeria’s healthcare sector struggles to meet the demands of its population. Challenges such as inadequate funding, outdated infrastructure, and a shortage of…
IntroductionIn an increasingly digital world, education is no longer just a pathway to opportunity—it is a nation’s lifeline to global competitiveness. For Nigeria, the largest economy in Africa, the stakes…
“When the sun rises, it shines for everyone,” an African proverb says, perfectly capturing the potential of renewable energy to empower millions. For Nigeria, the urgency to transition to renewable…
In recent years, Nigeria’s public debt has surged to record levels, sparking concerns about the country’s fiscal sustainability and its ability to manage repayments without triggering a full-blown debt crisis.…
In October 2021, Nigeria became the first African nation to launch a Central Bank Digital Currency (CBDC), the eNaira, signaling its intent to embrace digital finance and modernize its monetary…