NEWS
Proposed 2026 Tax Law is Unjust, Dangerous – Adebayo
By Mike Odiakose, Abuja
Presidential hopeful and national sports advocate, Adewole Adebayo, has strongly criticised Nigeria’s proposed 2026 tax reform law, describing it as “a bad, unjust and impractical law” that will worsen economic hardship and undermine constitutional governance.
Speaking during an interview on the sidelines of the Adebayo National Marathon, Adebayo said the tax reform is not designed to stimulate the economy or improve public welfare, but rather to centralise fiscal power and expand what he called “economic singularity” under the current administration.
“According to Adebayo, taxation has a clear philosophical purpose which the proposed law fails to meet.
“Taxation must do four things,” he said.
“It must stimulate the economy, distribute resources fairly, generate sustainable revenue in the long run, and be transparent and easy to understand.”
He argued that the proposed tax law violates all four principles. Instead of encouraging productivity, Adebayo said the law has created fear among small traders, artisans and ordinary Nigerians who are now worried about arbitrary bank deductions, seizures, and complex compliance requirements.
“You cannot have a tax law that makes a market woman think she needs to hire a lawyer,” he said.
“That is not taxation; that is intimidation.”
Adebayo also raised serious concerns about the legislative integrity of the tax reform, alleging that provisions currently circulating were not part of what the National Assembly debated or approved.
“If members of the National Assembly are saying the version being circulated is not what they passed, then we are dealing with a potential criminal violation,” he stated.
“You cannot smuggle clauses into law in a democracy.”
He warned that implementing such a law would amount to legislative treason and could further erode public trust in governance.
Another major criticism was the increasing role of private consultants in revenue collection, which Adebayo said violates Nigeria’s sovereignty.
“Revenue collection is a sovereign duty,” he said.
“You don’t outsource it to private companies the same way you don’t outsource the Navy or the armed forces.”
He recalled that Nigeria’s Joint Tax Board previously discouraged the use of consultants, stressing that allowing private entities to control tax infrastructure could lead to abuse, lack of accountability, and long-term economic subjugation of citizens.
Adebayo alleged that the urgency behind the tax reform is politically motivated.
“They need money ahead of elections,” he claimed.
“They have already spent it mentally. This law is about extracting resources from Nigerians to fund politics, not to develop the country.”
He warned that such policies could allow political elites to continue profiting from tax systems even after leaving office, turning citizens into perpetual revenue sources for private political empires.
By Tony Obiechina, Abuja
Nigeria’s total imports value stood at ₦13,619.33billion in the first quarter of 2026, representing a 18.17% decrease from the value recorded in the corresponding quarter of 2025 (₦16,644.
42billion) and a 21.05% decrease compared to the value recorded in Q4 2025 (₦17,250. 93 billion).The National Bureau of Statistics(NBS) has said in its latest report on foreign trade. Analysis of Nigeria’s import trade reveals that China remained the leading source of imports in the first quarter of 2026, followed by the United States of America, India, Germany, and the United Arab Emirates.
The most imported commodities during the quarter were petroleum oils and oils obtained from bituminous minerals (crude), gas oil, durum wheat, machines for the reception, conversion, and transmission of voice, images, or data, and used vehicles with diesel or semi-diesel engines.
According to the report, the value of agricultural goods imported in Q1 2026 stood at ₦827.72billion, representing a 20.09% decrease compared to ₦1,035.81billion recorded in Q1 2025, and a 42.39% decrease relative to ₦1,436.65 billion recorded in Q4 2025.
The report further said in the same period, the import value of raw material goods was₦1,582.36billion, representing a 12.63% decrease from ₦1,811.10billion in Q1 2025, and a 32.72% decrease compared to ₦2,351.88 billion in the preceding quarter (Q4 2025).
In the first quarter of 2026, solid mineral imports were valued at ₦69.75billion, representing a 24.00% decrease from ₦91.78billion in Q1 2025 and 50.53% decrease compared to ₦140.99 billion recorded in Q4 2025.
Still in the same period, the value of imported manufactured goods stood at ₦8,484.37billion, reflecting a 12.94% increase from ₦7,512.22billion in Q1 2025, and a 3.62% decrease from ₦8,803.27 billion recorded in Q4 2025.
The data also highlights the value of other oil products imported in Q1 2026 which stood at ₦748.10billion, reflecting a 85.05% decrease from ₦5,005.22billion in Q1 2025 and a 81.38% decrease from ₦4,018.31 billion recorded in Q4 2025.
By Tony Bazim
Many Nigerians blame President Tinubu for everything happening in the country, but have we taken time to ask the right questions?
Every month, Local Government Chairmen receive allocations.
What projects are they using these funds for? How is your local community benefiting?State Governors also receive federal allocations and generate billions through taxes and other sources of revenue.
How are these funds being spent? Are the roads, schools, hospitals, and other public services reflecting the amount of money received?Good governance starts with accountability at every level, not just at the top.
If we focus all our attention on the President while ignoring those closest to us, we may be overlooking a big part of the problem.As citizens, we should demand transparency from our Councillors, Local Government Chairmen, Governors, House of Assembly members, and every public office holder entrusted with our resources.
Nigeria will make greater progress when we stop asking only, “What is the President doing?” and start asking, “What is every elected official doing with the resources entrusted to them?”
Let’s ask the right questions.
AskTheRightQuestions #Accountability #GoodGovernance #Nigeria
For comments, contributions, or discussions:
beco.tony@gmail.com
From Joseph Amedu, Lokoja
Stakeholders in Kogi State’s built environment sector have called on the state Government to urgently enforce the Kogi State Urban and Regional Planning Law of 2010, warning that continued neglect of the legislation is fueling unregulated development, environmental degradation and urban disorder across the state.
The call was made during the Annual General Meeting (AGM) and Symposium of the Nigerian Institute of Town Planners (NITP), Kogi State Chapter, held in Lokoja over the weekend.
The event, themed “Urban and Regional Planning in Kogi: Trajectory, Legal Issues and Prospects,” brought together town planners, policymakers, academics, and other professionals in the built environment to discuss strategies for sustainable urban development.
Speaking at the event, the outgoing Chairman of the institute, Stephen Nden, lamented that although the Nigerian Urban and Regional Planning Law of 1992, as amended, was domesticated in Kogi State in 2010, it has remained largely inactive. He urged the government to immediately implement the law to enable professional town planners to effectively guide physical development and curb the growing trend of uncoordinated urban expansion.
According to him, “The implementation of the Urban and Regional Planning Law will empower town planners to effectively guide the physical growth of our urban centres and ensure orderly development. It is unfortunate that a law domesticated over a decade ago remains inactive despite the enormous benefits it offers.”
Nden stressed that achieving sustainable development requires collective efforts from all stakeholders in the built environment sector.
He further urged members of the institute to uphold professional ethics and strengthen collaboration with government agencies, local government councils, and academic institutions.
A resource person at the symposium, Ramatu Baba, expressed concern over the state’s failure to fully implement planning laws, noting that several environmental and developmental challenges, including illegal mining activities and indiscriminate construction, are linked to poor planning and weak enforcement mechanisms.
She said, “The absence of effective planning frameworks has contributed significantly to illegal mining activities and environmental degradation. Government must strengthen planning institutions and ensure strict compliance with development control regulations.”
Baba also decried the shortage of qualified town planners and other professionals in the sector, warning against construction on natural waterways and flood-prone areas.
Chairman of the Planning Committee, Dr. Baba Adams Ndalai, emphasized that without the full implementation of planning laws and the establishment of a functional Urban and Regional Planning Board, cities and towns across the state would continue to witness chaotic growth.
He stated that Kogi State possesses immense potential for sustainable urban development if the right policies and political will are deployed.
Dr. Ndalai advocated the adoption of smart city initiatives, climate-resilient infrastructure, and inclusive spatial planning systems, adding that Geographic Information Systems (GIS) could significantly improve land administration and increase internally generated revenue.
“The future of Kogi lies in embracing technology-driven planning solutions. Through GIS-based planning and land management systems, governments can improve development control, monitor land use changes, reduce disputes, and strengthen revenue generation,” he said.
Chairman of the occasion and former National President of the NITP, Chief Isah Ichaba, urged members to remain united and committed to advancing the planning profession.
He noted that stronger collaboration among professionals would enable the institute to play a more effective role in shaping government policies and promoting sustainable development.
At the end of the AGM, members elected a new executive council to pilot the affairs of the Kogi State Chapter. Sani Daniel emerged as Chairman, while Femi Ayanleye was elected Vice Chairman. Other officers include Aishat Mohammed Jamiu (Secretary), Enikanolaye Isaac Adebowale (Assistant Secretary), Zainab Salau (Treasurer), Abdullahi Shaaban Aminu (Financial Secretary), Atodo Kerim Smaila (Auditor), Oshamehin Deborah (Public Relations Secretary), Yakubu Umar Onimisi (PRS II), Samuel Afolagbode (Social Welfare Secretary), Stephen Jonathan Nden (Ex-Officio I) and Michael Alhassan (Ex-Officio II).
In his acceptance speech, the newly elected Chairman, Sani Daniel, pledged to provide inclusive and result-oriented leadership aimed at strengthening the institute and advancing physical planning across the state.
Daniel disclosed that the AGM adopted several recommendations, including the preparation of comprehensive master plans for Lokoja and other major urban centres, implementation of the Urban and Regional Planning Law of 2010, development of a state-wide regional development plan covering all 21 local government areas, recruitment of more planning professionals, establishment of stronger institutional coordination mechanisms, integration of climate adaptation and post-mining reclamation strategies into planning policies, and full deployment of GIS technology in development control activities.
He added that the institute would collaborate with other professional bodies to create a stronger built environment advocacy platform capable of supporting government efforts in achieving sustainable urban development and making Kogi State a more attractive destination for investment and tourism.
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