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The Revolution of Tax Reform by Zacch Adedeji

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By Seun Oloketuyi

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In the turbulent tide of Nigeria’s economic history, few reforms have stirred both anticipation and anxiety like the 2025 tax revolution — a bold and uncompromising reimagination of the country’s fiscal framework. At the helm of this seismic shift stands Zacch Adedeji — not just a reformer, but the architect of a new tax era, quietly redrawing the lines of Nigeria’s economic destiny.

For decades, Nigeria’s tax system has been marred by inefficiency, distrust, and dysfunction. At the federal level, the Federal Inland Revenue Service (FIRS) operated as the government’s main tax collection agency, burdened by overlapping mandates, poor technological infrastructure, and a public perception of corruption and intimidation. While businesses struggled under multiple and unpredictable levies, citizens remained skeptical — and in many cases, completely disengaged from the tax ecosystem. With a tax-to-GDP ratio hovering embarrassingly around 6 percent — far below the African average — Nigeria’s fiscal foundation was both weak and unsustainable.

Then came 2025.

In what will undoubtedly be remembered as one of the boldest fiscal restructurings in the nation’s history, President Bola Tinubu, guided by the strategic brainwork of Adedeji, signed into law a comprehensive package of reforms that did not merely patch up old wounds but fundamentally rewrote the anatomy of tax administration in Nigeria. On June 26, 2025, the FIRS — once the colossus of tax collection — was legislatively dissolved. In its place emerged a new body, the Nigeria Revenue Service (NRS), designed from the ground up to reflect autonomy, accountability, and modernity.

But this reform was never just about replacing an agency. It was a complete ideological realignment. Where FIRS was a gatekeeper, the NRS is a facilitator. Where the former enforced compliance through coercion and opacity, the latter aims to cultivate a culture of voluntary participation, supported by digitization, transparency, and a renewed sense of civic duty.

Zacch Adedeji’s role in this transformation cannot be overstated. A Harvard-trained economist and former Commissioner for Finance in Oyo State, he is no stranger to structural reform. But what he has orchestrated at the federal level is nothing short of revolutionary. Under his leadership, tax reform has moved from policy abstraction to lived reality. He has not only dismantled the old machine — he has engineered a new one, and taught it how to breathe.

Adedeji’s reform ethos is anchored on equity and simplicity. Gone are the days when business owners were subjected to arbitrary taxes from overlapping authorities. The new regime harmonizes previously fragmented laws into a single, clear framework, while also establishing digital platforms that remove the need for physical interaction with tax officials — a breeding ground for corruption in the past. Under the NRS, filing and paying taxes is no longer a murky maze but a predictable, transparent process.

Yet the reforms go deeper still. For the first time, Nigeria’s tax structure acknowledges the need for citizens to have a voice. With the creation of the Tax Ombudsman and an independent Tax Appeal Tribunal, individuals and businesses now have formal channels to challenge, appeal, and resolve tax disputes without fear or undue pressure. These are not merely cosmetic additions. They represent a philosophical shift — from tax as oppression to tax as dialogue.

Unsurprisingly, not everyone welcomed the revolution. Resistance was loudest from within Nigeria’s political structure itself. In particular, governors from the northern region, notably those from the Hausa-Fulani bloc, raised concerns that the proposed reforms — especially the redistribution model for Value Added Tax (VAT) — would place their states at a disadvantage. There were debates, walkouts, and threats of constitutional confrontation. But the reforms were designed not to favour one region over another, but to bring uniformity and fairness to a system that had long been used as a political weapon.

What ultimately broke the resistance was Adedeji’s insistence on data, not drama. Backed by empirical evidence, he demonstrated how the current system penalised productivity and entrenched inefficiency, and how the new model — if embraced — would expand the national purse in a way that lifted all boats. He made it clear: this wasn’t a Lagos-centric agenda. It was a Nigerian one.

Now, the focus shifts to implementation — the Achilles heel of Nigerian policy history. Can the NRS live up to its potential? Will transparency hold, or will old habits crawl back in through new cracks? These are legitimate questions. But for the first time in a long time, there is a sense that something fundamentally different is taking shape. That the ground beneath Nigeria’s economy is no longer shifting from crisis to crisis but stabilizing into something firmer — a structure built not on oil receipts or international loans, but on the shared contribution of its own people.

It is important to remember that tax reform, no matter how technical or sweeping, is ultimately about trust. Governments tax because they must, but citizens pay because they believe — or at least hope — that what they give up will return to them in the form of roads, schools, hospitals, and peace of mind. For years, that trust was broken. Today, it is being painstakingly rebuilt — not through rhetoric, but through law, logic, and leadership.

Zacch Adedeji has not just led a reform. He has sparked a revolution. And if Nigeria sees it through — if it nurtures the culture this reform intends to plant — then perhaps the history books will look back at 2025 not just as the year Nigeria changed its tax laws, but the year Nigeria changed its destiny.

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Rotary Ikoyi Metro to launch vital 4-day Lagos schools screening (Video)

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By Victor Ojelabi

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The Rotary Club of Ikoyi Metro, led by President Rotarian Emeka Nwosu, will begin a four-day vision and hearing screening for Primary One pupils across 10 public primary schools in Lagos Island, Lagos State, on Tuesday, September 22, 2026, under a Rotary International Global Grant project chaired by Rotarian Oladimeji Olatunji-Audu for the club.

Also read: From Lagos to Germany: How Rotary Youth Exchange Transformed Arnold Faranpojo

The Rotary Ikoyi Metro screening, which runs until Friday, September 25, will commence at 9 a.m. daily, with Holy Cross Cathedral Primary School, Campus, serving as the venue.

The Lagos State Universal Basic Education Board has formally approved the exercise for pupils in the 10 selected schools within the Lagos Island Local Government Education Authority.

In its September 9 approval, LASUBEB described the intervention as a “noble gesture” complementing the Lagos State Government’s efforts to improve basic education.

The participating schools are Holy Cross Cathedral Primary School, Ade Oshodi Primary School, Anglican Girls Primary School, Christ Cathedral Primary School, and Ebute Elefun Primary School.

Others include Edward Blyden Memorial School, St. David Primary School, St. Mary Convent School, St. Peter Primary School and Tinubu Methodist Primary School.

Nwosu said the intervention was built around a simple concern: children experiencing difficulties in the classroom should not be written off before possible health-related causes are investigated.

“Sometimes, what looks like a learning problem may simply be a child struggling to see the board clearly or hear what the teacher is saying. Through this project, we want to identify those challenges early and give affected children the opportunity to learn and thrive alongside their peers,” Nwosu said.

The project is being implemented in partnership with other Rotary clubs through the Rotary International Global Grant mechanism, combining resources and expertise to address preventable vision and hearing difficulties among schoolchildren.

The cub’s project chairman said the initiative was designed to go beyond simply identifying pupils with difficulties.

“Screening is only meaningful when it leads to action. Our objective is to identify children who require attention early enough and ensure that those who need further intervention are appropriately supported. A child’s ability to see and hear properly can make a remarkable difference to the child’s confidence and performance in school,” Olatunji-Audu said.

The Lagos Island exercise follows an earlier phase of the wider Global Grant project launched in July 2026, when hundreds of pupils from public primary schools in the Ikoyi-Obalende area underwent vision and hearing screening.

The broader intervention has brought together Rotary clubs and partners in Nigeria and overseas.

The World Health Organization has also identified vision and hearing as important to children’s development and education, noting that unaddressed sensory impairments can have significant consequences for school-age children.

Also read: From Lagos to Germany: How Rotary Youth Exchange Transformed Arnold Faranpojo

For Ikoyi Metro, the four-day intervention therefore carries a powerful message beyond the medical screenings: before concluding that a young pupil is struggling to learn, it may be necessary to establish whether that child can clearly see the lesson and hear the teacher.

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Rotary hails IPDG Lanre Adedoyin polio drive

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Rotary

By Victor Ojelabi,

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The Rotary Foundation has recognised the polio eradication efforts of Rotary International District 9112 under Immediate Past District Governor Lanre Adedoyin, following the District’s transfer of District Designated Funds to the PolioPlus Fund during the 2025 to 2026 Rotary year, a contribution acknowledged recently, as part of the global funding effort to protect children from the disease.

Also read: Rotary Club Ikeja Trains 60 Interactors in Leadership

The recognition brings a fitting international dimension to a Rotary year in which Adedoyin, a lawyer and member of the Rotary Club of Surulere South, repeatedly placed polio eradication among District 9112’s major humanitarian priorities across Lagos and Ogun states.

In a message addressed to District 9112, The Rotary Foundation thanked the District for committing its District Designated Funds to the campaign, saying the collective support from Rotary districts helped the organisation reach its fundraising target and secure matching funds that translate into US$150 million for polio eradication.

“Your support helped Rotary reach our goal and secure the matching funds that translate into US$150 million toward eradicating polio,” the Foundation said.

The money has consequences far beyond the balance sheet.

According to the Foundation, polio funding supports frontline workers taking vaccines into remote communities, environmental surveillance capable of detecting the virus in wastewater and programmes designed to interrupt transmission in affected areas.

IPDG Lanre Adedoyin with wife at a Rotary event recently

The Foundation said the continuing effort was particularly important in Afghanistan and Pakistan, the only two countries where wild poliovirus remains endemic.

That assessment is consistent with Rotary International’s latest account of the global campaign.

Rotary says its partnership with the Gates Foundation generates up to US$150 million annually for polio eradication, with Rotary raising US$50 million and the Foundation providing a two-to-one match.

The money supports vaccine procurement, social mobilisation, outbreak response, surveillance and other operational requirements.

Rotary’s involvement stretches back decades. Its first polio vaccination project began in the Philippines in 1979, and the organisation became a founding partner of the Global Polio Eradication Initiative in 1988. Since then, global polio cases have fallen by 99.9 per cent.

For Nigeria, the story carries particular resonance.

The country recorded its last case of wild poliovirus in Borno State in August 2016.

Four years later, the World Health Organisation African Region was formally certified free of wild poliovirus, leaving Afghanistan and Pakistan as the remaining countries with endemic transmission.

That historic achievement, however, did not mean the end of the polio challenge in Nigeria.

Circulating vaccine-derived poliovirus can still emerge in communities with low immunisation coverage, making vaccination and surveillance essential even in countries that have eliminated wild poliovirus.

It was against that backdrop that the IPDG’s polio drive developed during the 2025 to 2026 Rotary year.

Adedoyin, who became the second District Governor of District 9112 following the division of the former District 9110, had signalled early in his tenure that healthcare would remain a central part of the District’s service programme.

His installation in Lagos in July 2025 marked the beginning of a year that subsequently combined fundraising with grassroots advocacy and support for health workers.

By September 2025, the District had held a PolioPlus seminar at which Adedoyin warned against complacency simply because wild poliovirus had disappeared from Nigeria. District records show that the campaign remained prominent in its programme in the months that followed.

In October, Districts 9111 and 9112 took the End Polio Now message beyond conventional conference halls with a joint train journey from Lagos to Abeokuta.

Led by Adedoyin and then District 9111 Governor Henry Akinyele, alongside Nigeria National PolioPlus Committee Chairman Joshua Hassan and other Rotary leaders, the initiative turned the train journey into a public awareness campaign for polio eradication.

District 9112 also took the message to communities in Ogun State, including a roughly 10-kilometre Keep Polio @ Zero awareness walk in Sagamu aimed particularly at encouraging parents and guardians to ensure that children receive their vaccinations.

In Lagos, the campaign moved from advocacy to practical support.

District 9112 donated 100 pairs of rain boots and 200 raincoats to the Lagos State Primary Health Care Board in October 2025 to assist health personnel working on polio eradication during the rainy season. The intervention was valued at about ₦1.6 million.

Adedoyin made the District’s position clear at the presentation.

“Our commitment to ending polio is absolute,” Adedoyin said. “We will continue working with the Lagos State Government and our partners until polio is completely wiped out.”

Another significant moment came towards the end of his tenure.

In June 2026, District 9112 announced that it had raised US$13,000 through the World’s Greatest Meal initiative for The Rotary Foundation’s PolioPlus Fund.

The contribution was described by World’s Greatest Meal Committee Chairman Tokunbo Opanubi as one of the highest recorded by the District through the initiative.

The US$13,000 contribution is separate from the District Designated Funds now acknowledged by The Rotary Foundation.

Together, however, the initiatives illustrate the different channels through which District 9112 supported the global eradication campaign during Adedoyin’s tenure.

District Designated Funds form part of The Rotary Foundation’s funding system and allow Rotary districts to direct portions of available Foundation resources towards eligible programmes.

PolioPlus is one of the avenues through which districts can deploy such resources in support of Rotary’s eradication objective.

The Foundation’s latest acknowledgement therefore adds another layer to District 9112’s polio record for the 2025 to 2026 year.

It also demonstrates the multiplier effect behind Rotary’s funding model.

A contribution originating from clubs and districts can ultimately support a much larger global pool used for vaccines, surveillance, community mobilisation and the difficult task of reaching children in areas affected by conflict, insecurity or geographical isolation.

The stakes remain considerable.

Polio is a potentially fatal infectious disease that primarily affects young children and can invade the nervous system, causing irreversible paralysis.

Although its global footprint has been reduced dramatically, Rotary cautions that eradication requires sustained vaccination and surveillance until transmission has been stopped everywhere.

The Foundation’s message to District 9112 captured that unfinished mission.

It thanked the District for supporting the PolioPlus Fund and helping move the world closer to the point where “no child is threatened by this disease ever again”.

For Adedoyin, who handed over the governorship of District 9112 at the end of the 2025 to 2026 Rotary year, the recognition offers a powerful postscript to a year in which the District’s contribution was measured not only in fundraising figures, but also in public advocacy, community mobilisation and support for those working closest to vulnerable children.

Also read: Rotary Club Ikeja Trains 60 Interactors in Leadership

And for District 9112, the acknowledgement connects a local Rotary story from Lagos and Ogun states to a much larger global ambition: ensuring that the final cases of polio become part of history rather than the beginning of another outbreak.

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A historic Niger Delta investment summit holds in Port Harcourt

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Niger Delta

By Ehi Braimah,

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When I wrote in April about “Beyond oil: Niger Delta attracts investments for economic growth and development,” the central argument was straightforward: Niger Delta must begin to look beyond crude oil and deliberately position itself as a diversified investment destination.

Also read: Otu Urges FAAN to Upgrade Calabar Airport Ahead of AfSNET

At the time, the Niger Delta Economic and Investment Summit (NDEIS) was scheduled for May. The summit, with the theme, “Driving investment, innovation, and industrial growth in the Niger Delta,” was subsequently postponed, but the additional preparation time has arguably made the event even more significant.

From September 15 – 17, 2026, Port Harcourt, Rivers State, will host what promises to be a defining conversation about the economic future of Nigeria’s Niger Delta region comprising nine states: Abia, Akwa Ibom, Bayelsa, Cross River, Delta, Edo, Imo, Ondo, and Rivers.

The venue is the Obi Wali International Conference Centre, an appropriate setting for a summit that seeks to bring together government, business, investors, development institutions, financial institutions, professionals, entrepreneurs and other stakeholders around one overriding objective: transforming the enormous economic potential of the Niger Delta into sustainable investment and jobs.

This is not intended to be another talk shop. The organisers of the summit, the Niger Delta Chamber of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA), have positioned NDEIS as a structured investment marketplace designed to connect global capital with bankable projects and supportive public policy.

The summit’s stated ambition is substantial: more than 1,000 delegates, over 100 exhibitors, at least 30 bankable projects in the Deal Room and a target of up to $50 billion in investment commitments.

Those are ambitious numbers, but ambition is precisely what a region as strategically important as the Niger Delta requires.

Ambassador Idaere Gogo-Ogan, NDCCITMA chairman and convener of the summit, framed the ambition plainly during a pre-summit media briefing held earlier in March. “The region is ready to deliver 500,000 new jobs, inclusive of investment drive and wealth creation,” he said, describing the summit as a platform to deliberate on “investment mobilisation, enterprise growth, industrial expansion, and regional coordination.”

A gathering of influential Nigerians and global investors

The summit is expected to attract a formidable gathering of political leaders, captains of industry, investors, development partners, regulators, financial institutions, academics, professionals and entrepreneurs.

President Bola Ahmed Tinubu is expected to declare the summit open, adding a significant federal dimension to an event whose focus is regional economic transformation.

The Rivers State Governor, Siminalayi Fubara, is expected to serve as Chief Host, while the Niger Delta Development Commission (NDDC) is a key institutional partner.

The participation of the governors of the Niger Delta states is particularly important. The region’s economic future cannot be addressed successfully by any single state acting alone.

The governors therefore have an opportunity to use the summit to demonstrate that the Niger Delta can move from competition among states to strategic economic collaboration.

For investors, the message should be clear: the region is open for business.

The Niger Delta has traditionally been identified overwhelmingly with oil and gas. Yet, its economic possibilities extend much further.

The summit has identified seven strategic sectors: agro-industrial development and food security; blue economy and marine industries; oil, gas and energy transition; manufacturing, industrialisation and special economic zones; tourism, culture and the creative economy; digital economy, innovation and human capital; and access to finance and investment capital.

These sectors represent the bridge between the Niger Delta of yesterday and the Niger Delta of tomorrow.

A keynote speech with a powerful message

One of the major attractions of the summit will be the keynote address by Aigboje Aig-Imoukhuede, CFR, Chairman of Access Holdings Plc. Mr. Aig-Imoukhuede’s profile is particularly relevant to the investment conversation.

He is an investor, banker and philanthropist whose career has spanned banking, finance, investment, insurance, technology, real estate and energy.

As former Group Managing Director of Access Bank, he played a major role in transforming the institution into one of Nigeria’s leading banks.

His keynote will therefore go beyond rhetoric. The Niger Delta region and other summit participants will be hearing directly from an expert who understands capital, risk, entrepreneurship, corporate governance and the difficult process of turning opportunities into investment propositions.

The central question should be: how does the Niger Delta move from possessing resources to creating investable assets?

That distinction is critical. Investors do not invest merely because a region has resources; they invest where there are bankable projects, credible institutions, predictable policies, infrastructure, security, competent human capital and reasonable prospects of return on investment.

From conference hall to Deal Room

Perhaps the most important feature of NDEIS is its Deal Room. This is where the summit can distinguish itself from conventional conferences with opportunities for access to markets, technology and capital.

A successful summit should not be measured only by the quality of speeches delivered or the number of dignitaries who attend. Its ultimate test should be what happens after the speeches.

Did investors meet project promoters? Were projects subjected to serious investment scrutiny? How were financing conversations initiated? Were memoranda of understanding signed? Did companies commit capital? Did governments provide investment incentives?

The planned Deal Room has witnessed increased interest from participants and investors with over 30 investment-ready projects received to date, and it clearly provides an opportunity to answer those questions. If properly managed, it could become the engine room of the summit.

Exhibitions that tell the Niger Delta story

The exhibition component is equally important. With more than 100 exhibitors expected, the summit provides an opportunity for companies, states, government agencies, SMEs and entrepreneurs to showcase what the Niger Delta can produce.

The exhibition floor in an air-conditioned marquee will tell a compelling story: that beyond crude oil, there are agricultural products, manufacturing enterprises, technology companies, tourism assets, creative industries, maritime businesses, energy opportunities and innovative young entrepreneurs.

This is where the summit’s investment narrative becomes tangible. An investor should be able to walk through the exhibition arena and see opportunities rather than merely hear about them from a podium.

The intellectual architecture

The quality of the summit will also depend on its panelists, moderators and rapporteurs.

The organisers have assembled speakers from government, business, finance, academia, energy, maritime industries, technology, law, investment promotion and other sectors.

The published speaker list includes senior figures such as NDDC Chairman Chiedu Ebie, NDDC Managing Director/CEO Dr. Samuel Ogbuku, SEC Director-General Emomotimi Agama, and Renaissance Africa Energy Company CEO Tony Attah.

Others include Rivers State Investment Promotion Agency Director-General Chamberlain Peterside, former NDDC Managing Director Timi Alaibe, former University of Port Harcourt Vice Chancellor Professor Joseph Ajienka, Starzs Marine & Engineering Limited Chairman Greg Ogbeifun, and several other experts.

The moderators have an equally important responsibility. A good moderator must move a panel beyond prepared speeches and polite exchanges.

The hard questions must be asked: what exactly are the investment opportunities? Who will finance them? What are the risks? What incentives are available? What reforms are required? How will investors repatriate profits? What happens to host communities? How will environmental sustainability be guaranteed?

The rapporteurs, meanwhile, have the responsibility of capturing the substance of the conversations and translating them into actionable recommendations. That is how a summit becomes a roadmap.

The media must tell the story

A summit of this magnitude also deserves substantial media coverage. The media should not merely report who attended and who spoke; it should tell the larger story of an economically strategic region attempting to redefine itself.

There would be sustained coverage before, during and after the summit across television, radio, newspapers, digital platforms and social media.

Interviews, special reports, investment stories, business features, photographs, short videos, social-media content and post-event analysis are also planned to ensure that the conversation does not disappear when delegates leave Port Harcourt.

Indeed, the summit presents an opportunity to change the narrative about the Niger Delta – from a region predominantly associated with oil, environmental degradation and conflict to a region increasingly associated with enterprise, investment, innovation and economic opportunity. That narrative shift is itself an investment asset.

The importance of end-to-end event management

For a summit of this scale, content and execution matter. A world-class summit requires an end-to-end event management experience: delegate registration and accreditation, protocol, airport arrivals and departures, transportation, accommodation, venue management, stage production, branding, exhibition management, audiovisual production, security, hospitality, media operations, digital engagement, networking, VIP management and post-event reporting.

Every touchpoint is crucial. The experience of a foreign investor arriving at the airport, being received, transported to the hotel, accredited at the venue, guided through the exhibition, introduced to relevant project promoters and followed up after the summit can influence his or her perception of the region.

World-class events are therefore not defined only by beautiful stages and impressive speeches, but also by a seamless execution. Official summit consultants are: Dr. Tony Epelle, CEO of Samuelson Advisory Partners & coordinating consultant; Ono Akpe, CEO of Red Sapphire; Donald Okudu, CEO of Mesh Ads, and Ehi Braimah, CEO of Neo Media & Marketing

A summit that must produce results

The Convener and organisers deserve commendation for placing investment at the centre of the conversation, but expectations must remain high.

The Niger Delta has hosted numerous conferences and stakeholder meetings over the years. What the region needs now is not another declaration of intent – it needs implementation.

NDEIS provides an opportunity to create a pipeline of projects, facilitate investment partnerships, strengthen public-private collaboration and establish measurable commitments.

The summit’s ambition of attracting up to $50 billion in investment commitments is bold.

But the real measure of success will be the quality of investments eventually deployed, the jobs created, businesses established, infrastructure delivered and value retained within the region.

The Niger Delta is too important to Nigeria’s economy to remain defined by its oil wealth alone.

It is home to a large population, an extensive coastline and waterways, vast agricultural possibilities, significant energy resources, a vibrant culture and enormous human capital. The region’s transformation therefore has implications far beyond the nine states.

Dr. Solomon Edebiri, NDCCITMA secretary and local organising committee chairman, says the summit is a “strategic initiative designed to reposition the Niger Delta as a competitive hub for investment, enterprise development, and sustainable industrialisation.” While the world knows the Delta for oil and gas, its real legacy, he argued, rests on a “wealth of diverse and largely untapped opportunities” that the gathering aims to unlock.

As Port Harcourt prepares to welcome delegates, development partners and experts from Nigeria and beyond, the Niger Delta Economic and Investment Summit represents an opportunity to begin a new chapter.

The challenge is to convert conversations into commitments, enhancing access to markets and technology, deployment of capital and achieving productive economic activities.

Also read: Otu Urges FAAN to Upgrade Calabar Airport Ahead of AfSNET

That is the real meaning of Beyond Oil. And it explains why the Niger Delta Economic and Investment Summit in Port Harcourt could become a historic moment – not simply because of the VIPs who attend, but because of the investment decisions and economic partnerships that emerge from it.

The Niger Delta region is ready to tell a new story.

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