Search

Tinubu’s tax reform falls short of ambition after resistance from northern states

  • President sought to shift VAT allocation to favour generating states
  • Compromise keeps 50% equal-sharing rule amid re-election considerations

Abuja, Nigeria – President Bola Tinubu’s sweeping tax reforms have redrawn the contours of Nigeria’s fiscal landscape but failed to fully realise his ambition to overhaul how revenue is shared among the country’s 36 states, particularly in relation to value-added tax (VAT).

Recent Business

Dr Johnson Asiama, Governor of the Bank of Ghana @ Facebook/BoG
Ghana cuts interest rates to 14% as inflation falls and growth strengthens
Read More »
Busy airport. Photo by Duc Van @ Unsplash
Africa tops global airline accident rates despite improved safety
Read More »
Overview of the Central Business District in Gaborone, Botswana. Photo by Justice Hubane @ Unsplash
Botswana inflation eases to 4.0% in February
Read More »

Recent Politics

Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Can Museveni’s leadership and a new funding model rescue East Africa from chronic cash crises?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s 2027 election raises political risk for investors
Read More »
Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
Read More »

Latest Posts

Latest news insights