We Can No Longer Depend on Volatile Oil Revenues or Foreign Loans, Says FIRS Boss, Adedeji

Yinka Kolawole in Osogbo

The Chairman of the Federal Inland Revenue Service (FIRS) has said Nigeria can no longer rely on volatile oil revenues or foreign loans to fund development.
He said the country must design a tax system that is broad-based, technology-enabled and trusted by citizens, as the country’s revenue challenge is not merely about the numbers but structure, mindset and execution.
Adedeji, who delivered the maiden edition of the Distinguished Lecture Series of the University of Ilesa, Osun State, explained that revenue diversification is no longer a policy preference but a national imperative.

Speaking on the topic ‘Economic Resilience in an Era of Dwindling Revenue,’ the FIRS boss said it was important to restructure the productive base of the economy away from crude oil and embrace a system with multiple engines of growth in agro-processing, the digital economy, the creative industry, and solid minerals, among others.
A statement by his Special Adviser on Media, Dare Adekanmbi, quoted the FIRS chairman as saying, “We have made some gains, but resilience demands more than marginal improvements. It requires structural change, bold reforms and unwavering commitment to fiscal sustainability.

“The first pillar is the need to generate more revenue from within fairly, efficiently, and sustainably. Nigeria cannot continue to depend on volatile oil revenues or foreign loans to fund development.
“We must build a tax system that reflects the actual size and structure of our economy. This requires moving beyond a narrow band of large, formal companies and capturing economic activities in the informal sector, the digital economy, and high-net-worth individuals who remain outside the tax net.

“It also involves closing compliance gaps through stronger enforcement, simplified procedures, and better taxpayer education. With digital innovations like TaxPro Max, e-Tax Clearance Certificate, and tax intelligence, FIRS is already leading the way in automating compliance and making tax administration smarter and more data-driven. Domestic revenue mobilisation is not just a fiscal task; it is a nation-building strategy,” Adedeji said.

He noted that FIRS, as the nation’s central tax authority, was already helping Nigeria transition from vulnerability to strength.
“FIRS is not just a tax collector. It is a strategic institution at the heart of Nigeria’s fiscal sustainability agenda, and it is undergoing one of the most profound transformations in its history.

“To rebuild public trust in the tax system, we are modernising not just our systems but also our mindset and culture towards greater professionalism, integrity and service orientation.
“FIRS is not waiting for resilience to be handed to it. We are building it from the ground up. Through automation, legal reforms, multi-level collaboration, and institutional renewal, we are laying the fiscal foundation for a Nigeria that can weather storms, adapt to change and grow sustainably,” he added.

Speaking earlier, the Vice-Chancellor of the institution, Professor Taiwo Asaolu, said the two-year-old institution aims to use the public lecture as a platform for discourse on pressing global and national issues, while seeking sustainable solutions to the nation’s economic challenges.T

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    Against All Odds, Ex-Minister, Turaki, Elected PDP National Chairman

    Against All Odds, Ex-Minister, Turaki, Elected PDP National Chairman

    . Party wields big stick, ousts Wike, Fayose, dissolves structures in five states  

    .Fintiri, Mutfwang denounce expulsion of FCT minister, others

    . Kefas dumps PDP, to join APC Wednesday

    . Wike’s aide mocks PDP over FCT minister’s expulsion

    Chuks Okocha, Olawale Ajimotokan in Abuja, Kemi Olaitan in Ibadan, and Seriki Adinoyi in Jos

    A former Minister of Special Duties and Intergovernmental Affairs, Kabiru Turaki (SAN), was yesterday elected as the National Chairman of the Peoples Democratic Party (PDP), while Ambassador Taofeek Oladejo Arapaja emerged as the National Secretary.

    Turaki, an indigene of Kebbi State, and Arapaja, from Oyo State, emerged at the national convention of the party in Ibadan, Oyo State, where delegates from 17 states across the country cast their votes to choose national officers.

    In what political analysts described as a belated effort to restore internal discipline among members, the faction of the party opposed to the Minister of the Federal Capital Territory (FCT), Nyesom Wike, has expelled the minister; former Governor of Ekiti State, Ayo Fayose; factional National Secretary of the party, Samuel Anyanwu and eight others belonging to the Wike-led rival faction for alleged anti-party activities.

    The main opposition party also dissolved the entire party structures in Imo, Abia, Enugu, Akwa Ibom, and Rivers states.

    Others expelled from the party include: National Legal Adviser, Adeyemi Ajibade (SAN), Umar Bature, AbdulRahman Mohammed, Mao Ohuambuwa, George Turner, Austin Nwachukwu, Abraham Ammah and Dan Orbih.

    Meanwhile, the Adamawa State Governor, Ahmadu Umaru Fintiri, and his Plateau State counterpart, Caleb Mutfwang, have distanced themselves from the expulsion of the FCT minister and other PDP leaders.

    Wike’s Senior Special Assistant (SSA) on Public Communications and Social Media, Lere Olayinka, has also mocked the main opposition party, saying that those who announced the minister’s expulsion were intoxicated.

    This is just as the Taraba State Governor, Dr. Agbu Kefas, has formally announced that he would defect from the PDP to the All Progressives Congress (APC) on Wednesday, marking one of the most significant political realignments in the North-east ahead of the 2027 general election.

    With this development, Kefas emerges as the first PDP governor from the north to defect to the APC since the 2023 general election.

     The motion for the expulsion of Wike and others, which was unanimously supported by members of the PDP at the ongoing National Convention in Ibadan, was moved by one of the founding fathers of the party, Chief Bode George and seconded by Bauchi State Governor and Chairman of PDP’s Governors’ Forum, Senator Bala Mohammed.

    Moving the motion for their expulsion, George argued that the conduct of the 11 PDP members had become “inconsistent with the party’s collective interest.”

    The Bauchi State governor, who quickly seconded the motion, later put it on vote and majority of the delegates affirmed it.

    Meanwhile, Senator Ben Obi who announced the election of Turaki as national chairman, said he was elected with 1,516 votes to defeat his opponent, the 2023 governorship candidate of the PDP in Katsina State, Lado Danmarke, who scored 275 votes.

    Danmarke had earlier withdrawn from the race before the convention.

    Mr. Solarin Adekunle was also elected the Deputy National Organising Secretary while other candidates were elected unopposed.

    PDP Dissolves Party Structures in Imo, Abia, Enugu, Akwa Ibom, Rivers

    PDP also yesterday dissolved the entire party structures in Imo, Abia, Enugu, Akwa Ibom, and Rivers states.

    The motion for the dissolution, which was presented at the ongoing elective national congress, the party’s highest decision-making organ, by the host Governor, Seyi Makinde of Oyo State, was seconded by the party’s National Auditor, Daniel Obiechina Okechukwu.

    In the motion, Makinde sought the ratification and approval of the elected executive committees of the PDP at various levels in states and zones where congresses have already been concluded.

    The Oyo State governor explained that the congresses were held across the country between 2024 and 2025 to elect party executives at the ward, local government, state, and geopolitical zone levels, including national ex-officio members.

    He noted that the congresses were conducted freely, fairly, and substantially in compliance with the Electoral Act 2022, the PDP constitution, and party guidelines in all geopolitical zones and most states.

    Makinde added that the National Executive Committee (NEC) and the National Working Committee (NWC) had approved the congresses and the officers elected during the process.

    He stated, “In the case of Imo, Abia, Enugu, Akwa Ibom, and Rivers, the Convention hereby dissolves all party structures at the ward, local government, and state levels.

     “The Convention has authorised the publication of this decision to serve as official notice to the public.”

    Fintri, Mutfwang Denounce Expulsion of FCT Minister, Others

    But in denouncing the expulsion of Wike and others, Mutfwang, in a press statement issued last night by his Director of Press, Gyang Bere, stated that the issue was neither discussed by the PDP Governors’ Forum nor at the National Executive Committee of the party, (NEC) before the motion was presented. 

    Mutfwang further noted that expelling the party leaders at this crucial time is not a strategic step towards resolving the internal challenges currently confronting the PDP.

    He reiterated the need for unity, dialogue, and collective effort in rebuilding and repositioning the party.

    Similarly, Governor Fintiri, in a statement issued by his Chief Press Secretary, Humwashi Wonosikou, noted that the expulsion was not in the best interest of the party, adding that he will not be party to any attempt that could further plunge the PDP into unending crisis.

    ”As a faithful party member, my position is clear: I stand for the peace and stability of the PDP, and I will not support anything that could lead to its disintegration. 

    ”I believe that peace and reconciliation are the only ways forward for our great party,” the statement explained.

    Kefas Dumps PDP, to Join APC Wednesday

    In another development, the Taraba State Governor, Kefas, has announced that he will defect from the PDP to the APC on Wednesday.

    The governor disclosed this weekend during an inspection visit to the ongoing renovation works at the Jolly Nyame Stadium in Jalingo, the state capital, which has been selected as the venue for the high-profile declaration rally.

    Speaking to journalists, Kefas said his decision to dump the PDP was driven by his commitment to secure the future of Taraba State for the benefit of its people.

    He said: “I will officially transition from PDP to APC on November 19th. This movement is about the destiny and future of the people of Taraba. We are expecting many visitors for the ceremony, and everything is being put in place to ensure it is a historic event.”

    When pressed to clarify the terms or conditions attached to his defection, the governor said there were no hidden conditions attached.

    Meanwhile, the members of the Taraba State Executive Council have declared full support for the governor’s decision.

    The Commissioner for Science and Technology, Muslim Aruwa, who spoke on behalf of the state cabinet, said the governor would be joined by his appointees and political allies in his movement to the APC.

    “The governor is our leader. Wherever he goes, we go with him—be it APC, SDP, or ADC,” Aruwa said.

    “This alignment with the federal government is for the good of all citizens, not personal interest. It is about bringing development to the state,” he added.

    “This movement is for the entire people of Taraba State. And we are with him 100 per cent,” he added.

    Wike’s Aide Mocks PDP over FCT Minister’s Expulsion

    Meanwhile, Wike’s Senior Special Assistant (SSA) on Public Communications and social media, Lere Olayinka, has also mocked the main opposition party, saying that those who announced the minister’s expulsion were intoxicated.

    In a statement issued yesterday, Olayinka said: “They went to Ibadan to start a dirty December in November. When people decide to start their own dirty December in November, one can’t but ignore whatever comes out of their mouths.

    “They gathered in Ibadan to do a social party; (they) enjoyed themselves and got intoxicated; they are free to say anything”, the statement added.

    Fubara, Adeleke, Kefas Absent at PDP Convention 

    Meanwhile, Governors Ademola Adeleke (Osun), Siminalayi Fubara (Rivers), and Kefas (Taraba), were not sighted at the Lekan Salami Stadium in Adamasingba, venue of the convention.

    Kefas has however indicated his intention to defect to the APC on Wednesday.

    Present at the convention were Governor Makinde of Oyo State, Governor Fintiri of Adamawa State, Governor Mohammed of Bauchi State, Governor Dauda Lawal (Zamfara), Governor Mutfwang (Plateau) and the former PDP acting National Chairman, Umar Damagum, who before the voting commenced, was ratified as national chairman of the party.

    Also present were the Senate Minority Leader, Abba Moro; a former governor of Osun State, Olagunsoye Oyinlola, his Gombe State counterpart, Senator Ibrahim Dankwambo; the Board of Trustees (BoT) chairman, Senator Adolphus Wabara; and a chieftain of the party, George, among others.

    ​  

    . Party wields big stick, ousts Wike, Fayose, dissolves structures in five states   .Fintiri, Mutfwang denounce expulsion of FCT minister, others . Kefas dumps PDP, to join APC Wednesday

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    Fagbemi: No Christian, Religious Group Persecution in Nigeria

    Fagbemi: No Christian, Religious Group Persecution in Nigeria

    *Says FG taking necessary steps to end insecurity

    Hammed Shittu in Ilorin

    The Attorney General of the Federation (AGF) and Minister of Justice, Mr. Lateef Fagbemi (SAN), has stated that there was no systematic targeted killing of Christians or any religious group in Nigeria as being suggested in certain quarters.
    Fagbemi acknowledged the insecurity challenges ravaging the country, noting, however, that the federal government is taking all necessary steps to ensure that killings and banditry are brought to an end.
    He said the federal government was “winning the war against terrorism” and intensifying efforts to curb killings, banditry and other forms of criminality nationwide.

    The AGF stated these yesterday at the coronation of the 21st Elerin of Erin-Ile, His Royal Majesty Oba Jimoh Adebowale Adesoye (Adetona I), held in Erin-Ile, Oyun Local Government Area (LGA) of Kwara State.
    US President Donald Trump had, in a post shared on his Truth Social account and the White House’s X handle, claimed that Christians were being persecuted in Nigeria.

     Trump redesignated Nigeria as a “country of particular concern”.
    He also warned that the United States could enter Nigeria “guns-a-blazing” to protect the Christian population.
    But Fagbemi insisted that no religious group is under persecution in the country.
    “We should reject any insinuation that there is a Christian genocide in the country. The government is taking all necessary steps to ensure that killings and banditry are nipped in the bud.
    “Christians are not being systematically targeted or killed in Nigeria; no religious group is under persecution in the country,” the minister added.

    The minister argued that the killings recorded in parts of the country cut across religious and ethnic lines.
    “There is no Christian genocide in Nigeria. There is no persecution of any religion, sect or ethnic nationality,” he insisted.
    According to him, violent attacks were not limited to any particular group or faith, stressing that states such as Zamfara and Sokoto, predominantly Muslim areas, have suffered repeated incidents of killings and banditry.

    “Killings are happening in Zamfara, Sokoto and other Muslim-dominated areas. That is not to say the situation is okay, but it shows clearly that violence is not targeted at any religion,” he said.
    According to him, “violent attacks were not limited to any particular group or faith. We should reject any insinuation that there is a Christian genocide in the country.

    “The government is taking all necessary steps to ensure that killings and banditry are nipped in the bud,” he added.
    The AGF also urged Nigerians to be patient with President Bola Tinubu’s administration, noting that the current reforms are geared toward building a stronger foundation for national development.

    “We all know the present situation is not rosy, but there is light at the end of the tunnel,” he said.
    Fagbemi also praised the choice of the new Elerin, saying the monarch’s experience would benefit the people of Erin-Ile, while urging residents to support him in driving the town’s development.

    Speaking at the event, Governor of Kwara State, AbdulRahman AbdulRazaq, represented by the Commissioner for Local Government and Chieftaincy Affairs, Hon Ibrahim Bata, said the traditional institution remained a strategic partner in governance.
    He urged the monarch to continue building bridges of unity among his people and to uphold the culture of peace and dialogue for which Erin-lle is known.

    He added: “The state government remains committed to supporting all traditional institutions in their efforts to promote growth, security, and social harmony within their communities.”

    Oba Jimoh Adebowale Adesoye, in his remarks, pledged to commit his reign to the progress of Erin-Ile, noting that youths, who constitute about 65 per cent of the productive population, would be central to developmental initiatives in agriculture, healthcare, food security and security.

    The ceremony climaxed with the presentation of the beaded crown to the monarch by the Ooni of Ife, His Imperial Majesty Oba Adeyeye Enitan Ogunwusi, Ojaja II.

    ​  

    *Says FG taking necessary steps to end insecurity Hammed Shittu in Ilorin The Attorney General of the Federation (AGF) and Minister of Justice, Mr. Lateef Fagbemi (SAN), has stated that

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