Capturing grants, donations as constituents of IGR
MARTIN Ike-Muonso
July 10, 2023
Many nongovernmental organisations depend almost entirely on grants and donations for their survival. Some reasons adduced include statutory barriers from generating profits for their benefit and therefore relying on external support to fulfil their missions. Other reasons include their focus on addressing social issues such as poverty alleviation, education, healthcare, human rights, etc., that may […]
Africa’s epidemic of leader induced democracy crisis (5)
Olukayode OyeleyeJuly 10, 2023
POLITICAL POWER AND GOVERNANCE in Africa have their fair share of blame in Africa’s underdevelopment. Sovereignty of countries has been a shield – not so impenetrable – that wielders of political powers often use to keep themselves from public accountability and responsible leadership. And, quite sadly, the theoretical knowledge of the ideals of democracy is […]
Naira float and SNG-driven export-for-IGR growth
MARTIN Ike-MuonsoJuly 3, 2023
Nigeria always places enormous importance on export revenue. However, policies promoting non-oil exports gained further momentum in the mid-80s in response to the oil price shock. Historically, oil-dominant export and revenue composition made Nigeria vulnerable to fluctuations in global oil prices, with devastating consequences on practically all aspects of our economic life. Ghana, for instance, […]
Africa’s epidemic of leader induced democracy crisis (4)
Olukayode OyeleyeJuly 3, 2023
JULY IS HERE, a month in which African leaders are expected to flock en masse again to Russia this year. This time, the meeting place is scheduled to be St. Petersburg. In addition to what could well become ritualistic, the essence of such an outlandish visit by these political heads of nations in this present […]
Taxation of online businesses
MARTIN Ike-MuonsoJune 26, 2023
The digital economy is fast overtaking the traditional economy in many ways and may perhaps achieve over 80 percent displacement before the end of the century. With the recent COVID-19 pandemic, the acceleration towards digitalization reached a blazar jet speed, with more people working remotely, shopping online, and using digital services. However, the pace and […]
Africa’s epidemic of leader induced democracy crisis (3)
Olukayode OyeleyeJune 26, 2023
FOURTEEN MINUTES OF unbroken and uninterrupted comments by Cyril Ramaphosa, president of South Africa, made a mesmerising moment at the SUMMIT FOR A NEW GLOBAL FINANCING PACT in Paris last week. Kenya’s William Ruto was no less engaging while having a chat with the French President, Emmanuel Macron. The two stood out as African representatives […]
Africa’s epidemic of leader induced democracy crisis (2)
Olukayode OyeleyeJune 19, 2023
PHANTOM WOULD BE the best single word to describe most instances of democracy in Africa since the wave of independence swept across the continent till now. Or, it could be referred to as illusory. What sounds like democracy in name and proclamation has variants in practice in different settings and has been marred by many […]
Mainstreaming compliance gatekeeping strategy for subnational IGR expansion
MARTIN Ike-MuonsoJune 13, 2023
Tax payment compliance gatekeeping has become a pragmatic response by subnational governments to the increasing financial pressure they face and the rising risks of defaults and evasion. Worsening economic conditions and palpable government insincerity are compelling citizens not to entrust their governments with a proportion of their earnings as taxes. Ennobled by the array of […]
Africa’s epidemic of leader induced democracy crisis
Olukayode OyeleyeJune 13, 2023
SENEGAL, A COUNTRY ONCE lauded as West Africa’s most stable democracy and a beacon of political stability, is in turmoil. The present wave of political crisis which has been rocking the country since 2022 seems to have come to a head in these past two weeks. This is one country that, for its history of […]
How the West may scuttle democracy in Africa
Olukayode OyeleyeJune 5, 2023
UNITED STATES OF AMERICA and the European Union are at the forefront in the crusade to promote and spread democracy globally. The fundamental underpinning of democracy, by definition, involves participatory governments in which the rights of people are guaranteed. The democratic ideals, however, run into a hitch and a ditch when and where some of […]