fiscal policy

Subnational governments across Nigeria are pursuing aggressive internally generated revenue targets amid volatile federal allocations, raising questions about balancing fiscal ambition with procedural compliance and governance standards.

President Tinubu signs Executive Order requiring immediate transfer of petroleum revenues to central treasury, marking significant shift in Nigeria's oil revenue management framework.

Finance Minister Enoch Godongwana faces the delicate task of balancing fiscal consolidation with economic growth as he prepares to deliver Budget 2026 on 25 February, with fuel levy increases among the revenue measures under consideration.

A House of Representatives committee has revealed Nigeria loses approximately N8 trillion yearly through tax concessions, waivers, and exemptions, representing substantial revenue leakage that undermines fiscal capacity.

Ogun State eliminates eight years of pension backlogs while Nigeria's House of Representatives investigates N8 trillion in annual revenue losses from tax waivers and incentives, highlighting divergent fiscal management priorities across government levels.

Nigeria unveiled its Industrial Policy 2025 while confronting ₦8 trillion in annual revenue losses from concessions, as the government pursues trade expansion and energy infrastructure development to stabilize the economy.

Ogun State announces clearance of eight years of pension arrears as Nigeria's parliament launches investigation into N8 trillion annual revenue losses from tax waivers and incentives, highlighting contrasting approaches to fiscal management.

Nigeria's House of Representatives has launched a review of tax incentives and waivers amid annual revenue losses of N8 trillion, while the Nigeria Revenue Service sets Q2 2026 deadline for large firms to implement e-invoicing systems.

The African Union is advancing institutional reforms to reduce donor dependence through new taxation and financing mechanisms as member states face increasingly constrained access to international credit markets.

Analysis of Nigeria's 2026 budget reveals government priorities through spending allocations, offering insight into the state's economic strategy and political concerns as the nation navigates fiscal challenges.

Electricity distribution companies have begun requesting corporate customer identification details under the new tax regime, while the Presidential Fiscal Policy Committee refutes claims of a 25% building materials tax.