Nigeria needs more taxpayers, not higher taxes, according to Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, who said expanding the country’s tax base is essential to generating sustainable revenue and supporting long-term development.

Oyedele stated that Nigeria’s tax challenge is not necessarily low tax rates but the relatively small number of individuals and businesses that comply with tax obligations. He stressed the importance of ensuring that those who should pay taxes are brought into the tax net while promoting fairness and efficiency in tax administration.

According to him, the country cannot continue to depend heavily on borrowing to finance critical sectors such as infrastructure, education, healthcare, security, and social protection. He noted that building a sustainable fiscal system requires a broader tax base capable of generating stable and predictable revenue.

Oyedele explained that effective tax reforms should encourage economic growth, reduce inequality, protect vulnerable groups, and improve productivity. He added that a well-functioning tax system could significantly accelerate national development and improve public service delivery.

The comments come amid the implementation of ongoing tax reforms designed to simplify Nigeria’s tax framework, improve compliance, and make the system more competitive and equitable. Recent reforms also introduced relief measures and exemptions for low-income earners and small businesses while seeking to reduce the country’s reliance on debt-financed development.

Economic experts say broadening the tax net through increased compliance and formalisation of economic activities could improve government revenue without placing additional burdens on existing taxpayers.

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The Anambra State Executive Council has approved N640.7 million for major infrastructure upgrades and comprehensive environmental reforms. Led by Governor Chukwuma Soludo, the state administration is moving rapidly to address ecological degradation and modernize critical public assets. This targeted capital deployment aims to combat severe erosion threats while simultaneously strengthening civil governance frameworks across the region.

A major portion of the approved budget is dedicated to urgent flood mitigation and road remediation works. Specifically, the state has earmarked N124.7 million for the control of a devastating gully erosion site threatening the structural integrity of the Chisco Oasis Road in Amawbia. This decisive intervention addresses a severe ecological risk that has long disrupted transportation, commerce, and residential safety in the local community.

In addition to environmental protection, the state government is prioritizing institutional modernization. The council approved N516 million for the complete remodeling and furnishing of the Anambra State House of Assembly complex. Executed under the supervision of the Ministry of Housing and Urban Development, this modernization project is designed to deliver a world-class legislative workspace that enhances administrative efficiency and supports sustainable urban governance.

Beyond structural investments, the Soludo administration has ratified the Anambra State Clean and Green Sustainable Environment Policy. This new legal framework introduces stringent guidelines for waste disposal, urban planning, and environmental stewardship across all local government areas. By combining multi-million naira infrastructure funding with strict policy governance, Anambra State is establishing a scalable model for climate resilience and sustainable infrastructure growth.

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