July 8, 2026
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BUSINESS

Tinubunomics and the arithmetic of illusion

By Tanimu Yakubu A striking feature of Nigeria’s current economic debate is the enthusiasm with which huge numbers are circulated—and the casualness with which they are assembled. Tax collections are added to oil receipts; oil receipts are added again under customs or “subsidy savings”; borrowing is treated as income; and the resulting total is presented
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Tax Law: President Tinubu is doing what previous government couldn’t do – Emir of Kano Sanusi II

His royal highness the Emir of Kano, Muhammadu Sanusi II, has said that President Bola Ahmed Tinubu is taking appropriate measures on tax, actions which previous governments refused or failed to take. The Emir said reforming the tax system is critical to strengthening the national economy, reducing reliance on debt, and ensuring fairness among taxpayers. […]