…experts believe the policy is more of a disservice to the very economic situation it’s aimed to improve.
The court’s decision invalidating the imposition of a “sugar tax” is expected to alleviate the burden the new tax is meant to create.
Nigeria has made significant strides by introducing electronic visa applications, a move that proves the country’s efforts to streamline its visa process. However, the country’s high visa-on-arrival fee has an overarching effect.
Reporters Without Borders sees a worrying decline in support and respect for media autonomy and increasing pressure from the state actors.
Apart from the fact that for the past decade, multinational firms have either exited or signaled their intention to leave the country, Nobel Prize-winning economist Angus Deaton warns that such taxes often backfire, prompting the wealthy to hoard assets, evade taxes, or relocate to friendlier jurisdictions.
Over the past eight years, 39 African countries significantly improved in their visa openness scores, indicating substantial progress in facilitating easy travel among the affected nations.
Oluwaferanmi Bello, a 2024 Journalism for Liberty Fellow with the Liberalist Centre, pointed out in the publication that the policy contradicts the core principle of merit-based access to education, as enshrined in Article 26 of the Universal Declaration of Human Rights.
Amidst the crashing of public trust in Nigeria’s judiciary, the National Judicial Council NJC has made a significant stride: recommending the compulsory retirement of two heads of court and imposing sanctions on several other judicial officers.
A new N50 transfer levy could push millions back to cash transactions and harm fintech growth, experts warn
Nigeria’s tax reform could ease living costs, but a looming tax hike on non-essentials would sting consumers.
The same day President Tinubu vowed to promote the rule of law, the Department of State Service (DSS) arrested and detained Adejuwon Soyinka, the West African regional editor of Conversation Africa.
Experts warn new levy could stifle investment, destabilise financial sector, and worsen economic challenges.
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Get new insights on pro-freedom issues and current events. Subscribe to ‘Letters of Reasoning’ for weekly expert commentary and fresh perspectives.
