NEWS
Adedeji Tasks JTB Officials on Capturing Traders, Artisans on Tax Net
By Tony Obiechina, Abuja
The Chairman, Joint Tax Board (JTB), Dr Zacch Adedeji, has urged officials of the board to organise traders and artisans into a formal body before capturing them in the tax net.This he said was in line with the agenda of President Bola Tinubu not to tax poverty but prosperity.
The chairman stated this at the 157th Joint Tax Board meeting held in Ibadan on Monday. The theme of the meeting is “Taxation of the Informal Sector: Potentials and Challenges”.Speaking on the theme of the event, Adedeji stressed the need to evolve a system that would make the informal sector formal before it could be taxed.Adedeji, who also doubles as the Chairman, Federal Inland Revenue Service, (FIRS), said “What I would not expect from the JTB meeting is to define a system that would tax the informal sector.“The only thing is to formalise the informal sector, not to design a system on how to collect tax from market men and women.“As revenue administrator, our goal is to organise the informal sector so that it can fit into existing tax law.”Citing a report of the National Bureau of Statistics (NBS) in the first quarter of 2023, the chairman said that the nation’s unemployment index was attributable to recognised informal work.Adedeji stated that workers in that sector accounted for 92.6 per cent of the employed population in the country as of Q1 2023.“JTB IS transitioning to the Joint Revenue Board with expanded scope and functions.“We are hopeful that by the time we hold the next meeting of the Board, the Joint Revenue Board (Establishment) Bill will have been signed into Law by the President.“The meetings of the board provide the platform for members to engage and brainstorm on contemporary and emerging issues on tax and taxation,” he said.In his address, Governor Seyi Makinde of Oyo State said the theme of the meeting was apt and timely, stressing that it coincides with the agenda of the state to improve on its internally generated revenue.According to him, the meeting should find the best way forward in addressing the issue of the informal sector and balance the identified challenges.“Nigeria is rich in natural resources, but it is a poor country because economic prosperity is not based on natural resources.”Makinde also said that knowledge, skill and intensive production were required for economic prosperity, not just the availability of natural resources.He stressed the need to move from expecting Federal Allocations to generating income internally.“We are actively ensuring that people are productive and moving the revenue base forward,” Makinde said.The governor said that the tax drive should be done by simplifying tax processes, incentives for compliance, like access to empowerment schemes and loans.He urged JTB to deepen partnership and innovation in using data on tax to track and administer it.Earlier, the Executive Chairman, Oyo State Board of Internal Revenue, Mr Olufemi Awakan, said the meeting was to address tax-related matters, evolve a workable, effective and An Efficient tax system across the states and at the Federal level.He urged participants to find amicable solutions to challenges of tax jurisdiction, among others.Tax administrators from all the 36 states of the federation, who are members of JTB, were in attendance.NEWS
NES 32 to Drive National Dialogue on Jobs, Productivity, Shared Prosperity
By Ayanyinka Ayanlowo
Nigerian Economic Summit to Chart the Next Phase of Nigeria’s Economic Transformation
The Nigerian Economic Summit Group (NESG) has announced the 32nd Nigerian Economic Summit (NES #32), scheduled to hold on 26–27 October 2026 at the Transcorp Hilton Hotel, Abuja, under the theme: “Growth that Works: Delivering Jobs, Productivity and Shared Prosperity.
At a critical moment in the nation’s economic journey, the Summit will convene policymakers, business leaders, development partners, investors, civil society organisations, and young Nigerians in charting a practical pathway from economic stabilisation to investment-led growth, productive enterprise, quality jobs, and broad-based prosperity.
Over the past three years, Nigeria has implemented significant macroeconomic reforms aimed at restoring fiscal sustainability and strengthening economic fundamentals. Whilst these reforms have laid an important foundation for long-term growth, the challenge now is ensuring that economic progress translates into tangible improvements in the lives of citizens.
This year’s summit theme reflects national priority. The Summit will focus on how Nigeria can move beyond growth measured solely by economic indicators and deliver growth that creates jobs, improves productivity, raises incomes, reduces poverty, and expands opportunities across all regions of the country.
From Stabilisation to Shared Prosperity
Nigeria possesses immense economic potential. With a population exceeding 220 million people, abundant natural resources, a growing entrepreneurial class, and a youthful workforce, the country has the ingredients required to become one of the world’s leading emerging economies.
Yet millions of Nigerians continue to face unemployment, low productivity, limited economic opportunities, and vulnerability to shocks. Economic growth remains essential, however growth alone is no longer sufficient. The true measure of progress lies in whether economic expansion creates meaningful employment, strengthens businesses, improves household welfare, and delivers prosperity that is widely shared.
NES#32 will therefore focus on strengthening the link between macroeconomic reforms and outcomes that matter most to Nigerians: jobs, productivity, income growth, and improved living standards.
Five Strategic Dialogue Tracks
To advance the overarching theme, NES #32 will adopt a performance-driven dialogue architecture built around five interconnected sub-themes designed to address the key dimensions of inclusive and sustainable economic transformation.
Work Nigeria will explore strategies for building a job-rich economy capable of absorbing Nigeria’s rapidly growing workforce through labour-intensive sectors, MSME development, workforce readiness, and stronger labour market systems.
Produce Nigeria will focus on strengthening productivity through industrialisation, innovation, investment promotion, digital transformation, and the development of competitive value chains across agriculture, manufacturing, and services.
Invest Nigeria will seek to examine how targeted investments in people and systems can reduce poverty, expand access to essential services and economic opportunities, strengthen social protection architecture, and build the resilience of vulnerable populations to economic and environmental shocks.
Scale Nigeria will explore how growth can be expanded across states, sectors, and communities by strengthening subnational competitiveness, regional value chains, infrastructure, and local investment coordination.
Secure Nigeria will address strategies for protecting critical economic assets, restoring confidence in production zones, improving access to farmlands, safeguarding infrastructure, and creating a secure environment for investment and enterprise growth.
Anchoring Dialogue Around Three Pillars
To ensure focused and outcome-driven deliberations, discussions at NES #32 will be anchored around three interdependent pillars: Productivity, Human Capital, and Resilience. These pillars will guide conversations on how Nigeria can improve competitiveness and efficiency, equip citizens with the skills needed for a modern economy, and strengthen social and economic systems capable of withstanding domestic and global shocks.
Advancing a National Growth Agenda
This year the 32nd edition of the summit will seek to generate actionable policy recommendations and build consensus around a new phase of economic transformation focused on driving jobs-rich growth through agriculture, manufacturing, infrastructure, and the digital economy; raising productivity and competitiveness through innovation, improved infrastructure, and regulatory efficiency; strengthening the investment climate to attract domestic and foreign investment; advancing human capital development to align workforce skills with labour market demand; and expanding economic opportunities while reducing poverty across regions and communities.
The Summit is expected to produce concrete policy directions that strengthen the connection between economic reforms, enterprise growth, employment generation, and household welfare outcomes.
A Call for Collective Action
The scale of Nigeria’s economic opportunity requires collaboration across sectors and institutions. Government, the private sector, development partners, academia, labour organisations, civil society, and young people all have critical roles to play in shaping a future where growth delivers measurable benefits for every Nigerian.
NES #32 provides a unique platform for these stakeholders to engage in evidence-based dialogue, forge strategic partnerships, and develop solutions capable of accelerating inclusive economic transformation.
As Nigeria enters the next phase of its development journey, the Summit will serve as a national platform for answering one fundamental question: How can economic growth work better for Nigerians?
The answer will shape the country’s path toward a future defined by jobs, productivity, resilience, and shared prosperity.
About the Nigerian Economic Summit Group (NESG)
The Nigerian Economic Summit Group (NESG) is Nigeria’s foremost private sector-led policy advocacy and think tank organisation. For over three decades, the NESG has provided a credible platform for public-private dialogue, shaping policies and strategies that drive Nigeria’s economic progress. The annual Nigerian Economic Summit remains the premier gathering of business leaders, policymakers, and development stakeholders committed to Nigeria’s transformation.
- Ayanlowo is Head, Strategic Communication and Advocacy (NESG)
NEWS
Komaiya Wife Celebrates 29 Years of Marriage, Calls Husband ‘Divine Covering’
By David Torough, Abuja
Pastor Mrs Esther Komaiya has poured out heartfelt tributes to her husband, Pastor Korede Komaiya, as the couple celebrated 29 years of marriage on Saturday, August 16.
In a moving anniversary message titled “To My King,” Pastor Esther described their union as a living testimony of God’s faithfulness, recalling that “Twenty-nine years ago today, on the 16th of August 1997, heaven stood still as Ps.
Mrs. Faith Oyedepo joined our hands and sealed our forever.”“What began as a sacred vow has become a living testimony of love, peace, sacrifice, growth, and the unshakable faithfulness of God,” she wrote.
The Senior Pastor of The Master’s Place International Church took time to appreciate her husband for his strength, patience and sacrifices over the years.
“Thank you for the strength that never bowed under pressure. Thank you for the patience that held the line when the journey tested every fibre of us,” she said.
“Thank you for the support that covered me, lifted me, and made room for me to bloom. Thank you for the understanding that saw beyond my words and still chose me.”
She paid special tribute to the “silent ones, the costly ones” sacrifices her husband made for their home.
“And above all, thank you for the sacrifices — the silent ones, the costly ones, the ones that demanded your comfort, your time, and sometimes your very self — so that our home could remain a place of peace and rest,” she stated.
Pastor Esther noted that their marriage taught her that commitment comes before reward. “You showed me that marriage is first sacrificial before it becomes beneficial. And because you lived that truth with quiet fire and unwavering commitment, I have never once regretted the day I said ‘I do.’”
Describing her husband as more than just a partner, she called him “a rare gift from God.”
“You are a rare gift from God. Not a good man. Not a strong partner. A divine covering. A rare gift,” she wrote.
Reflecting on their journey, she said God’s hand has been evident all through. “I look at these 29 years and I see the hand of the Lord all over us. We are not just a couple who endured. We are a couple helped by God. So today I stand in awe — of you, of us, and of the God who has kept every promise.”
She ended the tribute with a renewed pledge of love to her husband, whom she fondly called “My Oba.”
“To my King — I still choose you. I still honour you. I still thank God for the privilege of calling you husband,” she said.
“All glory to the One who wrote this story and continues to write it better than we ever dreamed. Happy 29th Anniversary, my love, my Oba. The best is still ahead of us. I love you more than yesterday… and less than tomorrow. My Oba.”
The anniversary message has since drawn congratulatory messages from members of The Master’s Place International Church and well-wishers across the country, who celebrated the couple’s example of faith, sacrifice and enduring love.
NEWS
FRSC Apprehends Mixed Loader
The Federal Road Safety Corps (FRSC) has apprehended one Umar Muhammadu for allegedly mixed loading a Mitsubishi Canter with no fewer than 15 persons and 8 motorcycles concealed under its trampoline.
This was contained in a statement on Saturday in Abuja, by the Corps Public Education Officer (CPEO), Osondu Ohaeri.
According to Ohaeri, FRSC personnel intercepted the vehicle, registration number GDD 815 ZP, after professional suspicion prompted a closer inspection of its sealed trampoline.
He said that marshals discovered 15 persons and eight motorcycles dangerously concealed among goods, beneath the covering in clear violation of road safety regulations and with grave implications for the safety of the occupants and other road users.
“The driver, who allegedly attempted to sway an FRSC Marshal with N500 and could not produce a valid driver’s licence, was arrested.
“The vehicle and its occupants were handed over to the Divisional Police Officer, Mararaba, for further investigation and prosecution, following the directive of the Sector Commander, RS7.1 FCT, CC Tijjani Iliyasu,”he said.
The CPEO also said that similarly, in Abia, a Mobile Court sitting and presided over by Magistrate C. E. Nwankpa, sentenced Azubuike Dominic to one month imprisonment at the Afara Correctional Centre after he was apprehended for driving without a valid driver’s license.
He said that Dominic was driving a Toyota Hiace commercial vehicle, registration number GWB 298 XY, without a valid driver’s licence and absconded while being escorted to court.
“The driver was re-apprehended several kilometres away following a coordinated pursuit involving FRSC personnel and the military.
“The development underscores the corps’ determination that enforcement actions will not be frustrated by attempts to evade lawful arrest or judicial proceedings,” the CPEO said.
According to him, the corps views the incidents as compelling evidence that its enforcement architecture is moving beyond routine interception to intelligence led, evidence based and technology conscious road safety enforcement.
He said that in the enforcement, professional observation and adherence to Standard Operating Procedures were deployed to uncover concealed violations and protect lives.
He also said that the Corps Marshal, Shehu Mohammed, had consistently charged personnel to remain vigilant, professional and uncompromising in the discharge of their statutory responsibilities, while strengthening inter-agency synergy.
Ohaeri warned motorists, particularly commercial vehicle operators, against attempting to evade enforcement, concealing passengers or motorcycles, overloading vehicles or driving without valid licences.
According to him, any of these offences will attract appropriate sanctions.
“The corps will continue to combine intelligence, professional enforcement, mobile courts and strategic inter-agency collaboration to protect road users and make Nigeria’s roads safer,” he said.
He emphasised that there would be no hiding place for reckless and dangerous driving on the road to a safer Nigeria.


