Nigeria: IMF Wants Nigeria to Focus More On Increasing Tax Revenue

[ad_1] The International Monetary Fund (IMF) has asked the Nigerian government to put in place a more efficient tax collection system in order to broaden its revenue base. The Fund's position was expressed by Mr. Davide Furceri, Division Chief, Fiscal Affairs Department of the IMF while responding to a question on how Nigeria could best address her high debt service /revenue ratio, at yesterday's Fiscal Monitor press briefing at the on-going IMF/World Bank Annual Meetings in Washington DC. He said […]

October 24, 2024

News

Nigeria: Tinubu Sacks Five Ministers, Reassigns Ten, Appoints Seven New Ones

[ad_1] One of the newly appointed ministers is the wife of the late Biafra leader, Chukwuemeka Ojukwu President Bola Tinubu has sacked five ministers and appointed seven new ones. The president also reassigned ten ministers to new positions, his office said. The five sacked ministers are Uju-Ken Ohanenye, the former minister of Women Affairs; Lola Ade-John, the former minister of Tourism; Tahir Mamman, the minister of Education; Abdullahi Gwarzo, minister of state, Housing and Urban Development, and Jamila Ibrahim, minister […]

October 24, 2024

News

Nigeria: Shehu Dikko Emerges NSC Boss As Govt Scraps Ministry of Sports Development

[ad_1] This decision was made at Wednesday's Federal Executive Council meeting in Abuja In a major overhaul of the country's sports administration, President Bola Tinubu has dissolved the Ministry of Sports Development and reinstated the National Sports Commission (NSC). President Tinubu also swiftly appointed Shehu Dikko, a seasoned sports administrator, as Chairperson of the Commission. This move aims to revitalise Nigeria's sports economy and improve performance in international competitions. Mr Dikko previously contested for the presidency of the Nigeria Football […]

October 24, 2024

News

Nigeria: Tinubu Scraps Niger Delta, Sports Ministries

[ad_1] President Bola Tinubu has scrapped Niger Delta Ministry and the Ministry of Sports Development. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, in his verified X page on Tuesday, stated that there will now be a ministry of regional development to oversee all the regional development commissions, such as Niger Delta Development Commission, North West Development Commission, South West Development Commission and North East Development Commission. He said the National Sports Commission will now take […]

October 24, 2024

Africa

Africa: New Ibrahim Report Reveals Governance ‘Stagnation’ in Africa

[ad_1] Monrovia — The 2024 Ibrahim Index of African Governance report - released biennially by the Mo Ibrahim Foundation to assess the performance of various African governments and trends across the continent - reveals that the region has experienced years of "almost complete stagnation". The report said, that in 2022, overall governance progress "grounded to a halt" as rising conflict and insecurity, as well as a "shrinking democratic space", undermined progress. "Over the decade 2014-2023, there is progress for just […]

October 23, 2024

Africa

Africa: Governance Progress in Africa Grinds to a Halt as Security and Democracy on the Continent Deteriorate Further, Threatening Substantial Advances in Human and Economic Development, According to the 2024 Ibrahim Index of African Governance

[ad_1] London — Covering the 2014-2023 decade, the 2024 IIAG shows that Africa’s overall governance progress came to a halt in 2022, following four years of almost complete stagnation, as substantial advances in both humanand economic development are undermined by the ongoing deterioration of the security and democratic landscape. However, this concerning continental average picture masks very diverse performances and trajectories across the 54 African countries and between the 16 IIAG sub-categories. The Mo Ibrahim Foundation today released the 2024 […]

October 23, 2024

Africa

Africa: Governance Stalls in Africa As Security and Democracy Deteriorate, Threatening Progress in Development – 2024 Ibrahim Index

[ad_1] The Mo Ibrahim Foundation has released the 2024 Ibrahim Index of African Governance (IIAG), the latest iteration of the biennial dataset assessing governance performance and trends in the 54 African countries over the decade 2014-2023. Collected from 49 independent sources, with some data commissioned by the Mo Ibrahim Foundation, the IIAG is based on 322 variables clustered in 96 indicators, organised under 16 sub-categories and four main categories: Security & Rule of Law; Participation, Rights & Inclusion; Foundations for […]

October 23, 2024

Africa

Africa: 33 Out of 54 African Countries Not Making Progress – Report

[ad_1] The Mo Ibrahim Foundation has released the 2024 Ibrahim Index of African Governance (IIAG), the latest iteration of the biennial dataset assessing governance performance and trends. The index indicates that 33 54 African countries are not progressing in good governance. The report covers 10 years - 2014-2023--and was collected from 49 independent sources, with some data commissioned by the Mo Ibrahim Foundation. The IIAG is based on 322 variables clustered in 96 indicators, organised under 16 sub-categories and four […]

October 23, 2024

Africa

Africa: Civilian Support for Military Coups Isn’t a Bug – It’s a Feature

[ad_1] In September 2024, authorities in Benin detained the country's former sports minister and a prominent businessman for allegedly plotting a coup against the West African nation's president, Patrice Talon. Had a putsch materialized, Benin would have joined a growing list of African countries to have experienced a military coup over the past four years. Dubbed an "epidemic of coup d'états" by United Nations Secretary-General Antonio Guterres, the resurgence of military takeovers has left many observers perplexed. For one, the […]

October 23, 2024

Governance