Nigeria’s Low Tax Intake: Blame Weak Economy, Breach Of Social Contract

 By Olu Fasan

Recently, the International Monetary Fund, IMF, lamented Nigeria’ low tax revenues. Two weeks ago, when launching the IMF’s Regional Economic Outlook for Sub-Saharan Africa, the Fund’s Director for Africa, Abebe Selassie, said: “For a country like Nigeria, Africa’s most populous country, with all those development spending needs, we think it is problematic that the tax revenue to GDP is only 8-9 per cent when it should be a lot higher.”

A few years ago, in its 2019 Article IV Consultation with Nigeria, the IMF made the same point. It said Nigeria suffered from “low tax mobilisation”, adding: “The revenue base is simply too low to address the current challenges”. Compared with the sub-Saharan African average of 18.6 per cent, Nigeria’s 8-9 per cent is minuscule and truly shocking. Like the IMF, successive Nigerian governments have fretted about it.

Would You Like To Be A Teacher?

 By Daniel Ighakpe

“Better than a thousand days of diligent study is one day with a great teacher.” – Japanese Proverb.

In many parts of the world, October 5, of every year is observed as World Teachers’ Day. Also known as International Teachers’ Day, it is a day that celebrates the incredible role that teachers all over the world play and their important contribution to society. This year marks the 29th anniversary of World Teachers’ Day, and the theme for this year is: “The teachers we need for the education we want: The global imperative to reverse the teacher shortage.”

On October 5, 1966, the International Labour Organisation (ILO) and the United Nations Educational, Scientific and Cultural Organization (UNESCO) signed a recommendation concerning the “Status of Teachers.” This guidance hoped to target and investigate the status and situation of teachers across the world. From their working conditions, recruitment, rights, and responsibilities, this historic recommendation set a high standard of practice in the workplace.

Nigeria: Stepping Back From A Major Blunder On World Stage

 By Owei Lakemfa

President Bola Tinubu on September 2, 2023 recalled all Nigerian career and non-career ambassadors across the universe from their duty posts. His action, he said, is to transfuse his renewed hope agenda into foreign policy and ensure service delivery to all. He, however, made two exceptions: the country’s United Nations, UN, Permanent Representatives in New York and Geneva.

Generally, foreign relations can be quite slippery, so an ambassador is the eyes and ears of his country. Therefore, his recall is a serious matter. But making two exceptions tells of the importance of both missions.

Nigeria’s New Jobs ‘Data’: NBS Makes Itself A Laughingstock!

 By Olu Fasan

The news came like a bolt from the blue. Nigeria’s jobless rate dropped from 33.3 per cent to 4.1 per cent in August, declared the National Bureau of Statistics, NBS. It was a meteoric rise in employment that called for national celebration. Except that it was a lie, a total fabrication. Nothing changed in Nigeria’s depressing unemployment situation. The sharp ‘drop’ from 33.3 per cent to 4.1 per cent only came about because the NBS changed the methodology for measuring unemployment. It was a shameful statistical sleight of hand!

Every statistical body must crave public confidence in the data it produces, based on the cardinal rule that data must be ethically sound and stand up to scrutiny. But the NBS breached this rule with jobs data that are utterly misleading, suggesting that Nigeria’s jobless rate magically came tumbling down from 33.3 per cent to 4.1 per cent. But nothing magical happened. It was a human contrivance. The NBS said the methodology that produced the jobs data was “in line with international best practices”, saying it was “recommended” by the International Labour Organisation, ILO.