Tag: #FiscalStability
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TINUBU’S TAX REFORMS BOOST GOVERNMENT REVENUE, FUND INFRASTRUCTURE
Revenue from taxes now outpaces oil, powering roads and social projects. Economic expert Mr Olugbuyiro Akinola says President Bola Tinubu’s tax reforms are transforming Nigeria’s finances. For the first time, tax revenue contributes more than oil and gas, now making up about 68% of public revenue. Akinola noted that better taxpayer awareness and compliance, backed…
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AFRICA LOSES $75 BILLION ANNUALLY TO BIASED CREDIT RATINGS—EXPERTS SOUND ALARM AT DAKAR CONFERENCE
Experts at a major two-day conference in Dakar, Senegal, have issued a stark warning that Africa is losing approximately $75 billion every year due to biased credit ratings imposed by foreign agencies. Organized by AfriCatalyst, SAIIA, UNDP, and AUDA-NEPAD, the event gathered top policymakers, economists, and financial experts focusing on how Africa can amplify its…
