News
Tax Reforms: A Double-Edged Sword for Nigeria’s Economy
By Lukman Laleye Babalola.
When President Bola Ahmed Tinubu announced his ambitious tax reform agenda, it was clear that he intended to reshape Nigeria’s fiscal framework. The reforms, targeting personal income tax, corporate tax, and value-added tax (VAT) distribution, are undoubtedly bold and necessary. But like any sweeping policy change, they come with both promises and pitfalls.
As someone deeply invested in Nigeria’s socio-economic progress, I see these reforms as a double-edged sword—a tool for much-needed transformation, but one that requires careful handling to avoid cutting too deeply into the fabric of our fragile federal system.
Let us not downplay the potential benefits. The proposed exemption of individuals earning up to ₦800,000 annually from personal income tax is a welcome relief for low-income earners who have borne the brunt of rising inflation. Similarly, the reduction in corporate tax rates from 30% to 25% is a lifeline for businesses struggling to stay afloat in a challenging economic climate.
The overhaul of VAT revenue sharing, which allocates 60% of VAT revenue to the state where goods and services are consumed, aims to promote fairness and encourage states to boost their economic activity. For consumption-heavy states like Lagos and Rivers, this is a much-needed windfall that could translate into better infrastructure, healthcare, and education for their residents.
But these gains are not without costs. Nigeria’s regional disparities could deepen under this new tax regime. Northern states, with lower consumer activity and VAT contributions, stand to lose out, raising concerns about fairness in a nation already grappling with economic inequalities.
The implementation process is another hurdle. Overhauling a tax system is no small feat, and Nigeria’s tax collection mechanisms are notoriously inefficient. Without significant investment in infrastructure and human capacity, the reforms could collapse under their own weight.
Then there is the issue of political resistance. Many lawmakers and regional leaders, particularly from the north, have voiced concerns about the potential loss of revenue under the revised VAT formula. Balancing these competing interests will be a test of the administration’s political acumen.
Under the proposed tax reforms, states like Lagos, Rivers, and others in oil-producing regions stand to benefit significantly. With 60% of VAT revenue allocated to the state of consumption, high-consumption states like Lagos and Rivers are poised to see a substantial increase in their revenue. Lagos alone generates over half of Nigeria’s VAT, and retaining a greater share will empower the state to fund critical projects.
For oil-producing states, increased revenue can be invested in non-oil sectors such as agriculture, manufacturing, and tourism, helping them reduce dependency on crude oil and build more sustainable economies. The additional funds can be used to improve infrastructure, healthcare, education, and other public services, directly benefiting citizens in these states. The reforms also encourage states to create business-friendly environments to attract investments and increase consumption, further boosting revenue generation.
Members of the National Assembly are tasked with ensuring these reforms benefit all Nigerians equitably while addressing regional disparities. Legislators must address the fears of less economically vibrant states and push for transitional mechanisms, such as a redistribution fund, to support regions with lower VAT contributions. They must oversee how states utilize their increased revenues, ensuring the funds are invested in projects that directly benefit the public.
By engaging their constituents, lawmakers can explain the benefits of the reforms, address concerns, and secure public support, thereby easing tensions surrounding implementation. National Assembly members must also facilitate the passage of laws to strengthen tax administration, close loopholes, and ensure effective implementation of the reforms. Legislators from wealthier and poorer states alike must work together to ensure the reforms foster national unity and equitable development across all regions.
The National Orientation Agency (NOA) plays a critical role in ensuring public acceptance and understanding of the tax reforms. The agency must continue to simplify and disseminate information about the reforms to the grassroots, helping Nigerians understand how these changes will benefit them in the long run. By launching campaigns, the NOA can counter rumors and fears about the reforms, especially in regions where there is resistance due to concerns about inequitable benefits.
The NOA should encourage citizens to ask questions and provide feedback on the reforms. This engagement will foster trust and ensure the government remains accountable to its promises. The agency must also address regional concerns by showing how the reforms can be tailored to benefit less economically vibrant states through collaboration with local governments.
The Federal Inland Revenue Service (FIRS) is central to the success of the reforms, as efficient tax collection and administration are critical. The FIRS must invest in modern technology to improve tax collection processes, reduce leakages, and enhance compliance monitoring. Bringing the informal sector into formal taxation while ensuring compliance is not burdensome will also expand the tax net.
Training and equipping tax officers to handle the new tax structures efficiently will be crucial to prevent administrative bottlenecks. The FIRS must regularly publish reports on tax collection and utilization, fostering public confidence in the system. By collaborating with state governments, the FIRS can provide technical assistance to ensure states maximize their VAT collections under the new sharing formula.
As a nation, we cannot afford to shy away from difficult reforms. For too long, Nigeria’s tax system has been inefficient, inequitable, and unable to meet the needs of our growing population. These reforms, though imperfect, represent an opportunity to address these shortcomings and lay the groundwork for a more sustainable fiscal future. However, the government must tread carefully. Transparency, inclusiveness, and stakeholder engagement are non-negotiable. Addressing regional concerns and ensuring efficient implementation will be critical to the success of these reforms.
President Tinubu’s tax reforms have the potential to transform Nigeria’s economy, but they also carry significant risks. Agencies like the NOA and FIRS, along with the National Assembly, must work together to ensure the reforms deliver on their promise of a fairer, more prosperous Nigeria.
As we navigate this critical moment in our nation’s history, let us remember that true reform is never easy, but it is always worth pursuing when done with the greater good in mind.
*Lukman Laleye Babalola,is Publisher/Editor-In-Chief,Emporium Reporters online and Emporium Magazine.can be reached on [email protected], [email protected]
Troops of the Joint Task Force North West, Operation FANSAN YAMMA, have rescued 31 abductees and neutralized two terrorists, including a suspected kingpin, during separate operations in Katsina and Kebbi states.
The military also arrested two suspected terrorists and recovered ammunition, a motorcycle, camouflage clothing and other items during the operations conducted on September 14 and 15, 2026.
The Media Information Officer of the Joint Task Force North West, Lieutenant Colonel Aliyu Danja, disclosed this in a statement issued on Wednesday, September 16.
According to the statement, troops in Katsina rescued 10 kidnap victims, comprising three males and seven females, after responding to distress reports from Unguwan Daudu and Unguwan Chibauna communities in Funtua Local Government Area.
The troops reportedly launched a hot pursuit of the fleeing terrorists and engaged them in a gun battle, forcing them to abandon the victims.
Among those rescued was an infant.
The victims were subsequently taken into military custody for necessary assistance and further action.
21 Victims Rescued in Kebbi
Also on September 14, troops operating in Kebbi State responded to a distress call following the abduction of civilians from Fafala Village in Kangiwa Local Government Area.
Acting on intelligence, the troops launched a fighting patrol towards Fafala and Dandikwa, where they reportedly engaged the terrorists in a heavy exchange of gunfire.
The terrorists were forced to withdraw from the area, allowing the troops to continue their operation and rescue 21 kidnapped victims.
The rescued civilians were later reunited with their families.
Terrorist Kingpin Killed in Katsina
The following day, September 15, troops in Katsina reportedly foiled an attempted terrorist attack on communities in Matazu and Kankara local government areas.
Acting on intelligence, the troops moved towards a suspected terrorist hideout and engaged the group with superior firepower.
The military said two terrorists were killed during the encounter, including Abbah Alhassan, whom it identified as a known terrorist kingpin.
Other terrorists reportedly escaped into the surrounding bush.
Troops recovered 10 rounds of ammunition, a motorcycle, a cutlass, camouflage clothing and suspected Indian hemp from the area.
Two Suspects Arrested
In another operation on September 15, troops arrested two suspected terrorists around the Yantumaki general area of Dan Musa Local Government Area of Katsina State.
Preliminary interrogation reportedly indicated that the suspects were associated with a suspected terrorist kingpin identified as Mannori.
The suspects remain in military custody while investigations continue.
The Joint Task Force said the operations demonstrate its continued efforts to rescue kidnapped civilians, disrupt terrorist networks and restrict the movement and operational freedom of armed groups across its area of responsibility.
The task force also commended residents for providing security-related information and urged members of the public to remain vigilant and promptly report suspicious movements and activities to the nearest security agency.
By Gloria Ikibah
The National Assembly has transmitted the Constitution of the Federal Republic of Nigeria, 1999 (Sixth Alteration) Bill, 2026 to the Houses of Assembly of the 36 states for consideration and approval.
The transmission, carried out on Wednesday, September 16, 2026, marks the next stage in the ongoing constitutional alteration process and was undertaken pursuant to a directive from the leadership of the National Assembly.
The Clerk to the National Assembly, Kamoru Ogunlana, Esq., said the Bill was transmitted to the state legislatures in compliance with the provisions of Section 9 of the 1999 Constitution, as amended.
Under Section 9, a bill seeking to alter the Constitution cannot be passed by either chamber of the National Assembly unless it is approved by resolutions of not less than two-thirds of the Houses of Assembly of the 36 states.
The state legislatures are therefore required to consider the proposed constitutional amendments in accordance with their respective legislative procedures and communicate their resolutions to the National Assembly after completing their deliberations.
Although the Constitution does not stipulate a specific timeframe within which state Houses of Assembly must respond to a constitutional alteration bill, the National Assembly said the state legislatures are expected to communicate their decisions within 30 days of receiving the Bill.
The National Assembly, however, stressed that the 30-day period is an administrative timeframe and not a constitutional deadline.
According to the Clerk, the timeframe is intended to promote an orderly, coordinated and timely conclusion of the constitutional amendment process while respecting the constitutional independence of the state legislatures.
What the Constitution Requires
Nigeria’s Constitution sets a deliberately high threshold for constitutional amendments because changes to the country’s supreme law require approval beyond the National Assembly alone.
In addition to the required approval by at least two-thirds of the state Houses of Assembly, Section 9 prescribes other legislative requirements depending on the particular constitutional provisions being altered.
The process generally involves the introduction and passage of the alteration Bill by the National Assembly before it is transmitted to the state legislatures for consideration. The resolutions of the state assemblies are subsequently communicated to the National Assembly for the next stage of the process.
The requirement for state-level approval gives the 36 Houses of Assembly a constitutionally recognised role in determining whether proposed amendments can proceed.
The National Assembly said it recognises this responsibility and respects the independence of the state legislatures in considering the Bill.
National Assembly Seeks Coordinated Process
In the statement, the Clerk said the transmission was intended to facilitate the orderly discharge of the state assemblies’ constitutional responsibilities rather than interfere with their legislative processes.
“The National Assembly remains committed to ensuring that the constitutional alteration process is conducted in strict compliance with the Constitution,” the statement said.
It added that the process would be guided by due process, institutional cooperation and respect for the legislative responsibilities of all tiers of the legislature.
The National Assembly will await the resolutions of the 36 state Houses of Assembly before taking the subsequent steps required under the Constitution.
The transmission of the Sixth Alteration Bill comes amid continued efforts to amend aspects of Nigeria’s 1999 Constitution, a process that requires cooperation between the federal and state legislatures because of the constitutional threshold for altering the nation’s supreme law.
The statement was signed by Kamoru Ogunlana, Esq., Clerk to the National Assembly.
News
REVEALED: 11 Nigerian-Born Lawyers Hit by U.S. Disciplinary Actions Over Professional Violations
At least 11 Nigerian-born lawyers practising or based in the United States have faced suspension or other disciplinary measures over alleged or established professional violations, according to disciplinary records cited in a report by The Peoples Gazette.
The cases span several years and involve different jurisdictions and regulatory bodies, including state bar authorities, U.S. immigration authorities and the Board of Immigration Appeals.
The disciplinary matters range from unauthorised practice of law and failure to meet professional obligations to alleged misrepresentation, neglect of clients’ cases and mishandling of client funds.
The sanctions are not identical, and the grounds for disciplinary action vary from one case to another. Some of the lawyers have also reportedly been reinstated, while others remain suspended or have not been reinstated.
Below is a summary of the lawyers and the disciplinary actions reported against them.
1. Aloysius O. Ejimakor
Aloysius O. Ejimakor was suspended from practising law in New York for nine months in 2004 following disciplinary proceedings over alleged false claims concerning his professional qualifications.
According to a U.S. Department of Justice document, the Office of General Counsel for the Executive Office for Immigration Review commenced proceedings against him in July 2003.
The proceedings alleged that Ejimakor violated federal regulations by making false statements concerning his qualifications.
The report states that he had not been reinstated following the suspension.
2. Abiola O. Adesioye
Abiola O. Adesioye, based in the District of Columbia, was suspended in July 2025 by the Board of Immigration Appeals from practising before the board, U.S. immigration courts and the Department of Homeland Security.
The suspension followed an order issued by the District of Columbia Court of Appeals on March 25, 2025.
According to the report, disciplinary counsel for the Executive Office for Immigration Review and the Department of Homeland Security jointly petitioned for her immediate suspension under applicable federal regulations.
The Board of Immigration Appeals granted the petition pending the final resolution of the disciplinary proceedings.
3. Emelike Nwosuocha
Emelike Nwosuocha, who died on July 21, 2024, aged 64, faced disciplinary proceedings before his death.
According to the report, he was posthumously suspended for three years in 2024 over professional misconduct.
The disciplinary matter included an alleged failure to provide an affidavit required under an earlier suspension and failure to pay attorney fees owed to a defendant in a medical negligence lawsuit.
In 2023, Nwosuocha had reportedly received a six-month suspension after failing to respond to a disciplinary grievance.
The relevant disciplinary authorities subsequently affirmed the suspension.
4. Michael Ozulumba
Michael Ozulumba, who is based in Massachusetts, was reportedly suspended from practising before the Internal Revenue Service and the Executive Office for Immigration Review for two years.
The reported disciplinary findings involved professional misconduct, neglect of client cases and misrepresentations.
However, the supplied material contains a reference to a 2027 board decision. Since that date is still in the future as of September 16, 2026, that portion requires independent verification and has therefore not been treated here as an established past event.
5. Michael Imevbore Ojo
Michael Imevbore Ojo, based in Houston, Texas, was suspended from practising law for 12 months by the Evidentiary Panel of the District 4C05 Grievance Committee of the State Bar of Texas.
The disciplinary action reportedly involved alleged violations of Texas professional conduct rules, including neglect, failure to communicate with clients and failure to cooperate with a State Bar investigation.
Troops rescue 31 abductees, neutralize terrorist kingpin in Katsina, Kebbi
NASS Transmits 2026 Constitution Amendment Bill to 36 State Assemblies
REVEALED: 11 Nigerian-Born Lawyers Hit by U.S. Disciplinary Actions Over Professional Violations
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