Why military bases in Africa?
Olukayode OyeleyeOctober 2, 2023
JULY 26, 2023 MAY have become a watershed in foreign military interventions as well as bilateral and multilateral relations in Africa. That a foreign country was told to withdraw its ambassador and armed forces was not new. What was new, however, was the speed and tenacity with which the foreign soldiers and ambassadors were told […]
Science, technology, innovation and subnational revenue growth
MARTIN Ike-MuonsoOctober 2, 2023
Although not readily apparent, a symbiotic relationship exists between science and technology innovation and subnational revenue growth, which is exploitable in Nigeria. The dynamic loop of this symbiosis starts by turning innovative ideas into income-generating assets and extracting internally generated revenue from them. Again, the mobilized revenue finances scientific research and technological innovation development. Governments […]
West’s carrot and stick on Africa’s ‘Achilles heel’
Olukayode OyeleyeSeptember 25, 2023
CONTRADICTIONS AND CONTRASTS marked major events drawing attention on Africa in this month of September. Within four days, two remarkable weather events that tested the resilience of the continent occurred. They were going to lead to disasters of such a scale as to involve death tolls in excess of 14,000. This was just a conservative […]
Regularly updating tax rates, tariffs, and fees
MARTIN Ike-MuonsoSeptember 25, 2023
One sound subnational PFM practice is regularly reviewing tax rates, tariffs, and fees. Apart from the government, sellers and business people also periodically review and revise the prices of their goods and services. Tenants are equally very conversant with their landlords’ periodic reviews of tenancy rates to adjust for changes in the economy and for […]
America’s 9/11, Africa’s prosperity and the West’s sadism
Olukayode OyeleyeSeptember 19, 2023
SEPTEMBER 11 has become a date of global relevance, based on two significant events that took place in the Americas – one in South America and the other in North America. The latter was in the aftermath of the daring murder-suicide and brutal, coordinated terrorist attacks on the United States in 2001. An estimated 3,000 […]
How new anti-French sentiments from Africa may hurt EU
Olukayode OyeleyeSeptember 12, 2023
WESTERN EUROPE now has every reason to feel apprehensive about the recent wave of coups in Africa. In particular, there has not been a worse period for France than this because almost all the coups have happened in francophone countries. The only exception in the past four years was that of Sudan that saw to […]
Implementing proactive tax collection strategy at subnational level
MARTIN Ike-MuonsoSeptember 4, 2023
Searching taxpayer information from various databases and prioritising their use in demanding tax payments strengthen subnational government tax administration and proactively enhance tax compliance and revenue generation. Utilising available data sources to implement proactive tax collection measures enables tax authorities to improve their capacity to cover taxpayers comprehensively, identify potential tax evaders, and ensure a […]
Role of UN, West in Africa’s failed leadership
Olukayode OyeleyeSeptember 4, 2023
THE UNITED NATIONS General Assembly for the year 2023 commences in a fortnight. The global gathering tagged UNGA 78, an event which will bring leaders from various parts of the world together from September 18 to 26, will entail a lot of speechmaking by world leaders and country representatives as heads of governments. This annual […]
The place of Africa in BRICS expansion
Olukayode OyeleyeAugust 28, 2023
MULTILATERAL COOPERATION got another boost last Wednesday at the end of the 15th BRICS Summit in South Africa. Described as “Johannesburg II Declaration,” with a broad theme of “BRICS and Africa: Partnership for Mutually Accelerated Growth, Sustainable Development and Inclusive Multilateralism,” the report at the end of the meeting in Sandton, Gauteng, laid out 94 […]
Prioritising subnational government revenue expansion in Nigeria
MARTIN Ike-MuonsoAugust 28, 2023
All levels of government in Nigeria face unique challenges regarding revenue generation, despite the country’s abundant natural resource endowments. The challenges primarily revolve around the political will and capacity for structural economic transformation on the one hand and the prioritisation of internally generated revenue (IGR) expansion on the other. It gets worse with a lower […]