The federation's fiscal fault line: How Nigeria's VAT system rewards dependency and punishes productivity

The federation’s fiscal fault line: How Nigeria’s VAT system rewards dependency and punishes productivity

Global Funds Grow Bigger, But the Real Story Is Where the Risk Still Sits

In the grand theatre of Nigerian federalism, few performances are as revealing as the quarterly distribution of value-added tax revenues. The latest figures from Q1 2025 tell a story that should trouble any economist concerned with incentives, efficiency, and long-term sustainability: Nigeria has cr

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