
Nigeria’s Digital Economy Is Booming — But New Taxes Are Locking Consumers Out
Rather than imposing more taxes, the government should reduce barriers to digital access.
Rather than imposing more taxes, the government should reduce barriers to digital access.
The continent’s largest economy on board means the vision of a unified African free trade area just got brighter.
Lanre-Peter explained that African unity is a catalyst for economic integration, following U.S. President Donald Trump’s new tariff policy.
Experts are raising concerns that Trump’s decision marks a shift away from trade liberalisation principles in Africa.
Nigeria is one of the developing countries whose excessive reliance on foreign loans is pushing into a worsening debt crisis, with rising interest rates making repayment increasingly difficult.
Studies consistently show that Nigeria’s import system faces challenges such as high tariffs, unclear valuation procedures, and frequent policy shifts, making it harder for businesses to operate.
From an alternate perspective, a pan-African study finds that Nigeria’s political leaders have weaponised social policies for short-term electoral gains, prioritising optics over sustainability.
…the telecom industry is always under pressure, not because consumers pay less but because the government taxes more.
…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.
There are instances where platforms silence African voices or ban their pages. For example, tech giants, including YouTube and Google, recently banned African Stream, a pan-African digital media outlet, following allegations from the United States for promoting Russian propaganda.
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