*2024 Recap: How Zacch Adedeji Broke Record of Tax Administration in Nigeria*

By

Arabinrin Aderonke

Change is never easy, but it is often necessary. In 2024, Nigeria witnessed a series of reforms that underscored the power of determined and purposeful leadership. Dr. Zacch Adedeji, Executive Chairman, Federal Inland Revenue Service (FIRS), has redefined the tax sector in Nigeria. His efforts were not merely about adjusting policies; they were about reconstructing a fractured system, ensuring its efficiency, and promoting trust between

Emphatic Leadership: Zacch Adedeji Re - Write 70 Year Old FIRS History

By
Arabinrin Aderonke

It was a colorful Thursday afternoon, a day of joy, liberation, and unprecedented change in the 70-year history of the Federal Inland Revenue Service (FIRS) since its founding in 1943. A moment that would be remembered for years. Hundreds of staff members gathered, clad in beautiful attire with dance, music, and pageantry, ushered a leader who has redefined their professional lives and the direction of the organization they serve

Tax Reform Bill's Direct Impact on Nigerians

By

Arabinrin Aderonke

Taxation is not just a tool for the government; it is a reflection of the way a country is supposed to run. When taxes are used properly, they can create fairness and drive prosperity. But when mismanaged, they deepen inequality and push people further into poverty.

The time for change is now. The tax reform bills have successfully passed the Second Reading through the Senate and as these bills proceed to the Committee on Finance, the opportunity arises for more conversation

How Tax Reform Bill will Drive Economic Growth

By

Arabinrin Aderonke

The Tax Reform Bill has become a point of discussion in Nigeria, generating enthusiasm and concern among various stakeholders and the general public. This reform includes four legislative proposals: the Nigeria Tax Bill, which aims to eliminate multiple taxation; the Nigeria Tax Administration Bill (NTAB), designed to harmonize tax processes across all levels of government; the Nigeria Revenue Service (Establishment) Bill, which seeks to rename the Federal Inland Revenue

The new Nigeria Tax Reform Bills introduced several significant changes aimed at improving tax administration, fostering economic growth, and enhancing revenue mobilization.

Here are key points and benefits of these reforms, referencing specific provisions in the bills: (1) Exemption for Low-Income Earners:
- Provision: Individuals earning N800,000 or less per annum will pay tax at 0% while high-income earners will pay more income tax than they currently have increased from 24& to 25%.

- Benefit: This provision aims to reduce the tax burden

Tax Reform: Open Letter to Northern Governors

By

Arabinrin Aderonke

Your Excellencies, Governors of Northern Nigeria states,

I write to you with a vision we all share: building a prosperous, fair, and united Nigeria. It’s understandable to have concerns about the recent Tax Reform Bill, especially regarding the proposed shift to a derivation-based model for VAT distribution and how it might impact Northern states.

However, looking more closely at this reform reveals opportunities to benefit not only Northern states but also the entire nation.

I penned an Explainer on Nigeria Tax Bill 2024: A Comprehensive Framework for Taxation

Arabinrin Aderonke

@officialABAT has moved to revolutionize Nigeria's tax administration. He has just submitted four groundbreaking tax reform bills to the House of Reps for approval. The Nigeria Tax Bill 2024 is a turning point in the country’s approach to fiscal policy. As Nigeria’s economy changes, this proposed legislation represents more than just another tax reform. It’s a major revamp of the country’s tax system that fits into @officialABAT's

Tinubu met an economy on the verge of bankruptcy- Explainer

1. Subsidy removal was already done before Tinubu came to power.. Tinubu was ONLY hasty to publicly mention what has been done by the outgoing government

2. Buhari & Emefiele sold crude oil in ADVANCE to collect huge

loans to be paid by the next Govt. So, Obi or Atiku could have been in this same situation if either had won the presidential election.

3. He further said that only 'ONE-THIRD' of the Oil revenue is available for the Government of today because 'TWO-THIRD' of the total oil

I don’t like users (I just had to put this out here temporarily)

She volunteered twice for my NGO @famefoundationF 2019&2020. She studied a European language and graduated with 2.1, brilliant & ambitious young lady – my kind of person. I supported her in securing a visa to join her fiancée, now husband in Europe in 2020. A few months later, they moved to the US for her masters – I did the sole recommendation. She started a second masters and also lecturing at the same time. I planned for my son to enroll in her school for A levels as he