Every modern economy survives on a delicate but essential bargain between the state and its citizens. Governments demand taxes, citizens expect public value in return. Where this deal holds, taxation becomes the foundation of development. Where it breaks down, taxation is experienced as extraction. Nigeria's 2025 tax reform enters this uneasy zone, not just as a fiscal adjustment, but as a test of whether the Nigerian state can rebuild credibility in raising, managing and deploying public revenues. Nigeria's fiscal weakness is good
Every modern economy survives on a delicate but essential bargain between the state and its citizens. Governments demand taxes, citizens expect public value in return. Where this deal holds, taxation becomes the foundation of development. Where it breaks down, taxation is experienced as extraction. Nigeria's 2025 tax reform enters this uneasy zone, not just as a fiscal adjustment, but as a test of whether the Nigerian state can rebuild credibility in raising, managing and deploying public revenues. Nigeria's fiscal weakness is good