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Viability of States in Nigeria should be our next focus

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Viability of States in Nigeria should be our next focus-

Viability of States in Nigeria should be our next focus-

Dr. Kayode Akinsola

 

 

 

Kayode Akinsola is Doctor of Business Laws and Corporate Governance, he speaks with our correspondent and task President Tinubu on a path to chart in revamping the Nigeria Economy.

 

1. There is a new political dawn and this time calls for more concerted efforts in the areas of generation of IGR, especially by State governments ,what is your suggestions on how this can be achieved ?

Akinsola: Without being economical with the truth, only four States in Nigeria can survive within six months with a recourse to the monthly federal allocation. In actual fact, some states in Nigeria cannot two months salaries and overhead of their monthly dues in their respective states. This has not only made the state Governors indolent, but less creative from looking inward as to the abundance of what could empower their financial independence. You will recall that former President Obasanjo refused to disburse the monthly allocation of the Lagos for several months, how many states could weather such storm? My suggestion on how their viability could be achieved is that the individual state must have their investment arm, which should be apolitical, such agency must be accorded with a status of common patrimony. Equally, there is no state in Nigeria with no natural or Human Resources, how to generate funds through these funnels should be considered to make their states buoyant and have more abundance of resources.

 

Viability of States in Nigeria should be our next focus-

 

 

2. The new Electiricity Generation and distribution Law signed into Law by President Bola Ahmed Tinubu us another policy that guarantees the capacity of the states to enhance the capacity of small and medium scale businesses ad well as industrial concerns, how do you think this will translate to goodies for Nigerians?

Akinsola: Without mining words, it very difficult to survive in we had continued on the old order. The Generation and easy Distribution of power is a good step in the right direction that was made by President Tinubu, and this should be embraced by the State Governors. The privatization and deregulation in the power sector started under the leadership of former President Obasanjo, and beyond the purchase of the National Electricity Power Authority (NEPA) or Power Holding Company of Nigeria (PHCN), the Capitalists in conjunction with States should tap into the new Laws in making electricity available to the SMEs, thus it is good development.

3. The need to increase the minimum wage for workers to cater for the shortfall of expenses for the minimum wage has been one if the raging issues in recent times do you think some states would be able to muscle up the capacity to pay what would be regarded as living wage ?

Akinsola: Truthfully, majority of the State governments cannot afford the minimum wage being demanded by the Labour congress, but when the workers too take a cursory look on what the political office holders are earning as emoluments, it is natural for them to agitate. The end point of all these increment is inflation, and this has started growing by the day.

4 What is your assessment of the current IGR projections for states and what should be done to jump-start things ?

Akinsola: Majority of the States are not generating enough IGR, atimes they inflate their IGR and one wonders the reason for their inability to meet up with their financial obligations. Beyond the Federal Allocation and State Taxes, there are other mechanisms that could be set in motion to increase the IGR of each state, depending on their potential and peculiarities.

5. Apart from electricity which is the most popular , what other way can the Federal government be enjoined to release more powers to states in order to be more viable?

Akinsola: Majority of the powers that are resident in the exclusive list in our constitution today, ought to have been relinquished to the State Governments. Items like Mining, Waterways and major taxes. By doing this, the state governments will have more earning capacity.

6. What are the factors that determine the economic viability of states ?

Akinsola: There are many of them, but I will mention just few. The business environment and governmental policies of each state are determining factors, other variables are availability of Skilled and unskilled workers, infrastructures within the state, natural resources and access to capital.

7. What is your opinion about the free flow of the naira which is a new policy of the Federal government through the CBN?

Akinsola: Though, it looks like a wrong policy, it remains one of the best decisions ever made by President Tinubu lately. With the free flow, many fiscal uncertainties will reduced, exporters will now earn more money on their exports, which in effect aids our GDP and brings deflation. Diaspora remittance as well as moping up of excess liquidity of Naira in our system.

For me, it would also boost the revenue of the government through additional remittances of the exchange rate and excess to the federation account by the Central Bank of Nigeria. The goodies in some of these policies will be felt in less than a year, not immediately.

8. How should the fuel subsidy accrual be managed to ensure that everyone benefits ?

Akinsola: Everyone cannot benefit from the proceeds of Subsidy instantly. Nigeria as a Nation has been servicing debts over the years, and one advantage of its removal (subsidy) is that it will lower our debt burdens. With such, we can then begin to further create enabling environments that aids foreign investment, job creation among others.

9. Do you support restructuring and in what form?

Akinsola: People have come to argue that Changing or suspending the current Constitution is the only panacea to restructuring, and I have consistently differ on this. If the President and State Governors could put few policies in place, I am sure the restructuring would take place immediately. We all know that the majority of budget goes to recurrent expenditure and we import more than we export among other issues. I am of a great conviction that the viability and sustainability of each state will surely berth a new wave of restructuring.

 

10. Who is Barrister Kayode Akinsola ?

Dr. Kayode Akinsola is the founding Partner of Queens Attorneys and teaches Law at the Chrisland University in Ogun State.

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Oyo 2027: Ajadi Says PDP Will Retain Power

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Oyo 2027: Ajadi Says PDP Will Retain Power

…..Tasks PMS To Remain United, Peaceful

 

A leading People’s Democratic Party (PDP) governorship aspirant in Oyo State, Ambassador Olufemi Ajadi Oguntoyinbo, has urged the people of Oyo State to remain steadfast, saying they will continue to enjoy good governance because the PDP will produce the next governor in the 2027 general elections.

 

 

 

Ajadi, who made this known while addressing transport unions under the Park Management System (PMS) at their headquarters, New Garage, Ibadan, on Tuesday, urged the park managers to remain united and maintain the love and peace currently prevalent among them.

 

 

 

According to him, “My advice to the Park Managers and the commercial drivers in Oyo State is that they should continue the love and peaceful attitudes. They should remain united. They should not ‘scattelegs’.

 

 

 

“Don’t let anybody deceive you, remain steadfast. Let me assure you that our party, the PDP, will produce the next governor come 2027,” Ajadi said.

 

 

 

He said he came to the PMS headquarters to meet with transporters and park managers to inform them of his aspiration to serve the people of Oyo State as governor come 2027.

 

 

 

“Today I joined my people, the park managers in Oyo State, to familiarize myself with them and inform them of my intention to serve the people of Oyo State as the next governor by the Grace of God.”

 

 

 

On the plans for the transporters, Ajadi said he first wants to change the look of the City Cabs, which will be done in collaboration with the Park Management System.

 

 

 

He also plans to increase the number of Mass Transit buses and make them available in all locations of the State.

 

 

 

He said the Mass Transit buses will operate in partnership with the Park Managers.

 

 

 

Ajadi, who commended Governor Makinde on the newly established bus terminals in the State, said his government will ensure adequate usage of the facilities.age of the facilities.

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Why Ifako-Ijaiye’s Voice Is Louder At The Lagos Assembly: The Jah Factor

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Why Ifako-Ijaiye’s Voice Is Louder At The Lagos Assembly: The Jah Factor

By Ibukun Simon

In legislative politics, not all representatives are created equal. Some merely occupy seats; others shape conversations, influence outcomes, and leave visible footprints in the lives of their people. Since 2019, Ifako-Ijaiye Constituency I has belonged firmly to the latter category, thanks to the emergence of Hon. Adewale Temitope Adedeji, fondly known as JAH, as its representative in the Lagos State House of Assembly.

As a journalist who has covered proceedings of the Lagos Assembly consistently since 2015, I have witnessed first-hand how representation can either fade into the normal routine or rise into relevance. The entry of Hon. Adedeji into the Assembly marked a clear turning point—not only for Ifako-Ijaiye, but for the quality of debate, advocacy, and people-focused legislation within the House.

On the floor of the Assembly, Hon. Adedeji stands out as one of the lawmakers journalists naturally gravitate towards. His interventions during plenary sessions are deliberate, articulate, and deeply rooted in public interest and knowledge. In the 40-member House, he is widely regarded as one of the top five lawmakers whose contributions command attention, not because of theatrics, but due to his clarity of thought, persuasive delivery, and uncommon mastery of issues. When JAH speaks, the chamber listens—and the press takes notes.

This strength of presence is crucial in a legislative environment where influence matters. In parliamentary practice, experience translates to authority. The Lagos State House of Assembly, like many legislatures, places significant weight on ranking members—lawmakers whose sustained service enhances their ability to push motions, influence committee outcomes, and attract development to their constituencies. Returning Hon. Adedeji to the House in 2027 would therefore mean strengthening Ifako-Ijaiye’s bargaining power and ensuring its concerns are not just heard, but prioritized.

Beyond the chambers, the impact of Hon. Adedeji’s representation is visible across the constituency. In terms of infrastructural development, several road construction and rehabilitation projects have been attracted to Ifako-Ijaiye under his watch, improving accessibility, boosting local businesses, and easing daily movement for residents. These are practical dividends of democracy that speak louder than campaign slogans.

Equally significant is his focus on human development and social inclusion. Since assuming office in 2019, Hon. Adedeji has facilitated job opportunities, empowered the less privileged, and consistently supported students through the distribution of JAMB and GCE forms, helping to remove financial barriers to education. These interventions reflect the impact of a representative who understands that development must touch both infrastructure and people.

What further distinguishes Hon. Adedeji is his constant engagement with constituents. Through consultations, town-hall interactions, and accessibility, he has maintained a relationship that goes beyond election cycles. This closeness has fostered trust and ensured that governance remains responsive to grassroots realities.

As Lagos continues to grow and legislative responsibilities become more demanding, constituencies like Ifako-Ijaiye cannot afford experimental representation. They require lawmakers who understand the system, command respect within it, and can translate legislative influence into real benefits for the people.

From the Assembly floor to the streets of Ifako-Ijaiye, the record since 2019 is clear: effective representation works—and Hon. Adewale Temitope Adedeji has delivered it.

Ibukun writes from Ifako-Ijaiye.

 

Why Ifako-Ijaiye's Voice Is Louder At The Lagos Assembly: The Jah Factor
By Ibukun Simon

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Lack of Understanding or Legitimate Concern? Otti’s Defence of Tinubu’s Tax Reform Sparks National Debate

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Lack of Understanding or Legitimate Concern? Otti’s Defence of Tinubu’s Tax Reform Sparks National Debate

By George Omagbemi Sylvester | SaharaWeeklyNG

“Abia Governor Alex Otti argues critics misunderstand the overhaul of Nigeria’s tax laws, but the controversy reveals deeper anxieties about governance, transparency and economic strain.”

When Abia State Governor Alex Otti publicly defended President Bola Ahmed Tinubu’s newly enacted tax reform laws on February 13, 2026, he did more than just push back at critics, he threw the spotlight back on a fulcrum issue dividing Nigeria’s political and economic classes. Otti’s assertion that Nigerians attacking the tax policy “lack understanding” crystallises a broader fracture in public discourse over fiscal policy, governance and the future of the Nigerian economy.

The comments from Governor Otti came amid an intensifying national conversation over sweeping tax reforms signed into law in June 2025, designed to modernise Nigeria’s tax architecture and expand revenue mobilisation. These reforms (long in the making and championed by a Presidential Fiscal Policy and Tax Reforms Committee chaired by Prof. Taiwo Oyedele) mark the most far‑reaching overhaul of federal tax laws in decades. They include restructuring the Federal Inland Revenue Service into the National Revenue Service (NRS), establishing a Tax Appeal Tribunal and Ombudsman Office, and unifying revenue collection frameworks to improve transparency and efficiency.

Governor Otti’s praise for the new legislation resonated with elements of his own fiscal thinking. Drawing on economic positions he articulated nearly a decade ago, he argued that key principles now entrenched in the law reflect sound fiscal reasoning and long‑standing proposals to strengthen Nigeria’s economic foundations. “Almost 10 years ago, I wrote about the fiscal side of things,” Otti said. “When I read the new tax reform law, I saw many of those arguments reflected in it. I thank Prof. Oyedele. When people attack him, they don’t understand.”

Yet, while Otti’s intervention was meant to de‑escalate public criticism, it instead exposed how complex and emotionally charged the issue of taxation has become in Nigeria. Critics, both inside and outside government, argue that the reforms have not been adequately explained to citizens and that many fear the measures will aggravate hardship amid already high costs of living. One prominent voice of dissent, fiscal policy analyst Aborisade, warned that without transparency and clear communication on how tax revenues will be collected and returned to the people, “these reforms risk becoming deeply unpopular.” Critics also highlight that any tax increase implemented without demonstrable improvements in public services could fuel resentment and mistrust in governance.

That mistrust is not abstract. For years, Nigeria has struggled with weak tax compliance, low revenue‑to‑GDP ratios compared with other emerging economies, and public scepticism over how government revenues are utilised. Many Nigerians remember episodes where policy changes were not accompanied by visible improvements in infrastructure, healthcare or power delivery, reinforcing the belief among skeptics that new taxes equate to greater burden with little reward.

For supporters like Otti and others in government policy circles, the reforms represent a long‑overdue attempt to widen the tax net and reduce Nigeria’s chronic dependence on volatile oil revenues. Advocates argue that a modernised tax system can enhance domestic revenue mobilisation, reduce fiscal deficits, and create a more resilient economy. They point out that reforms provide exemptions and reliefs for low‑income earners and small businesses and are aimed at building a fairer, more transparent system for all stakeholders.

Still, bridging the gap between these competing narratives is challenging. Opposition voices contend that even well‑designed tax policy may fail if the state lacks the capacity to implement it equitably or if the public’s confidence in leadership remains weak. “Without accountability and clear benefits for their contributions, any tax reform risks becoming deeply unpopular,” Aborisade emphasised, warning that heavy taxation without trust can fracture the social contract.

The debate over Tinubu’s tax reform illustrates a deeper truth about contemporary Nigeria: that economic policy no longer exists in a vacuum but is deeply intertwined with public sentiment, political legitimacy, and social cohesion. As one respected economist put it, “Taxation is not just a fiscal tool, it is a trust‑building exercise between the state and its citizens.” When that trust is fragile, even technically sound reforms can be seen as punitive rather than constructive.

Analysts suggest that meaningful public engagement (including sustained information campaigns, transparent revenue utilisation reporting and constructive dialogue with civil society) is essential to soothe anxieties and build confidence in the new system. Without this, what began as an effort to stabilise public finances could widen political and social divides.

In defending the tax reforms, Governor Otti has framed the challenge as one of comprehension rather than critique. But the controversy unfolding across Nigeria is not simply about misunderstanding; it underscores a profound gap between policy design and public perception. For a reform of this magnitude to succeed, Nigerians must be assured not only of its economic merits, but also of its fairness, transparency and tangible impact on everyday lives.

As the implementation phase continues through 2026 and beyond, the Tinubu administration, state governments and economic stakeholders face the critical task of translating legislative change into broader public trust – a task as difficult as any technical reform the tax laws themselves seek to achieve.

 

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