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Nigeria’s Fiscal Potential Discussed by Committee Chairman

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Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, described Nigeria as a country with significant potential for wealth despite its current financial challenges.

In a recent interview, he highlighted that the combined federal and state budgets of Nigeria amount to $30 billion, which is less than Kenya’s $32 billion and significantly lower than South Africa’s $130 billion budget.

Oyedele dismissed the idea of raising taxes as a solution to Nigeria’s revenue issues.

Instead, he advocated for broad-based, easy-to-collect taxes, leveraging data and technology to close the tax gap, and exempting low-income earners and micro businesses.

He believes these measures could more than double Nigeria’s revenue within two to three years.

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Peter Obi Raises Concerns Over Nigeria’s Hunger Index Ranking

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Nigerian politician Peter Obi speaks on the increase in the cost of living in Nigeria and shared how more Nigerians are now hungry and the hunger crisis is increasing in the country.

He stated, “Despite three years of Tinubu’s food emergency, Nigeria’s hunger ranking index declined to among the worst nations globally.”

“Yet the outcome of this has been the opposite. Nigeria’s hunger index has worsened significantly. Nigeria’s hunger index ranking was 103rd out of 123 countries surveyed in 2022/2023, and this figure has since worsened to 115th out of 123 countries surveyed in 2025/2026.”


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U.S. Government Warns Influencers Ahead of 2026 FIFA World Cup

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The U.S. government has released a warning to social media influencers who will be coming to watch the 2026 FIFA World Cup.

The government placed a rule on creating content to make money while using a tourist visa and stated that it could lead to deportation back to their country.

It can be noted that the World Cup will be hosted in the United States, Canada, and Mexico.

“People who enter the United States under a visitor program and receive income from a U.S. source would be violating the conditions of their admission status.”


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Isaac Fayose Criticizes Government Over Taxation and Insecurity

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Nigerian businessman Isaac Fayose has spoken about what he considers one of the country’s biggest problems, stating that many Nigerians are worried about government taxation, insecurity, and the increasing rate of kidnappings for ransom.

He lamented the situation and criticized the government, arguing that these issues have become deeply rooted and that there appears to be no lasting solution in sight.

According to him “In Nigeria we have two governments. One is collecting tax, the other one is collecting ransom. Both of them have one thing in common which is to make life difficult for their people.

The one that is collecting tax without doing anything will come and share you rice and semolina. The one that is collecting ransom is doing giveaway on social media.”


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