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Fiscal Storm: ActionAid Slams ₦34trn Revenue Deductions, Calls for Transparency
Fiscal Storm: ActionAid Slams ₦34trn Revenue Deductions, Calls for Transparency
By: Michael Mike
ActionAid Nigeria has called for an urgent forensic audit of Nigeria’s revenue management system following revelations that more than ₦34 trillion was deducted from federal earnings before allocation to the three tiers of government.
The organisation said the scale of the deductions—accounting for over 40 per cent of federal revenue in recent years—points to systemic weaknesses in public financial management and poses a serious threat to fiscal stability and development financing.
In a statement issued on Thursday, ActionAid said findings by the World Bank confirmed that a significant portion of government income is being absorbed through pre-distribution charges, including cost-of-collection frameworks and agency remittances, with limited transparency on their composition and utilisation.
“These findings reinforce long-standing concerns about Nigeria’s widening fiscal constraints and rising debt burden,” the group said. “The persistence of large-scale revenue leakages represents both a governance failure and a missed opportunity to strengthen fiscal stability.”
According to the organisation, the deductions—estimated at more than ₦34 trillion—have continued to rise alongside government revenues, leaving federal, state, and local governments with significantly reduced resources to fund public services.
ActionAid warned that the trend is worsening Nigeria’s reliance on borrowing, citing projections by the International Monetary Fund that the country’s debt-to-GDP ratio could climb to 33.1 per cent by 2027.
“The widening gap between gross revenue and distributable income is constraining development financing and increasing dependence on debt,” the statement added.
The group expressed particular concern over what it described as “opaque and fragmented” revenue channels, noting that substantial portions of national income pass through multiple layers before reaching the Federation Account.
It said the lack of public disclosure around these deductions—including their justification, structure, and end-use—raises critical accountability questions.
“There is limited transparency on how these funds are managed,” the organisation stated. “This opacity weakens fiscal oversight and undermines public trust in governance.”
ActionAid also pointed to broader implications for national development, warning that reduced public revenue is limiting government capacity to invest in essential sectors such as healthcare, education, security, and social protection.
The Country Director of ActionAid Nigeria, Andrew Mamedu, said the consequences are already being felt by millions of Nigerians.
“For citizens grappling with rising inflation, declining purchasing power, and economic hardship, the continued reduction in available public resources means fewer investments in essential services,” he said.
He added that weakening fiscal capacity is also exacerbating insecurity, as economic pressures fuel crime, displacement, and social instability.
“At a time when livelihoods are becoming more fragile, the erosion of public revenue further limits the government’s ability to respond effectively to these challenges,” Mamedu said.
The organisation further criticised the lack of transparency surrounding major public expenditures, citing concerns over projects such as the Nigeria Revenue Service building, where cost details and procurement processes have not been publicly disclosed.
“Citizens have a right to know how public funds are utilised,” the group said, stressing that accountability must extend beyond revenue collection to expenditure.
ActionAid warned that without urgent reforms, Nigeria risks entrenching a system where public resources are consistently depleted before they can deliver meaningful impact.
“The continued expansion of unchecked deductions poses a direct threat to equitable development, fiscal stability, and public trust,” it said.
To address the issue, the organisation called on the Federal Government to undertake a comprehensive and transparent review of all revenue deduction frameworks, with a view to ensuring accountability and efficiency.
It also demanded the immediate publication of detailed breakdowns of all deductions, strengthened independent oversight of revenue-generating agencies, and reforms to eliminate systemic leakages.
In addition, ActionAid urged the National Assembly to intensify its oversight role through public hearings and scrutiny of deduction structures, while calling on state governments, civil society, and the media to increase pressure for transparency.
“An independent forensic audit of all deduction mechanisms is critical to restoring public confidence,” the organisation said.
ActionAid added that Nigeria’s development trajectory depends not only on revenue generation but on how effectively public resources are managed and deployed.
“This is not just a fiscal issue; it is a matter of justice,” Mamedu said. “Every naira that fails to reach essential services denies Nigerians access to healthcare, education, and dignity.”
Fiscal Storm: ActionAid Slams ₦34trn Revenue Deductions, Calls for Transparency
News
Africa Must Lead Response to Growing Security Threats, Buratai Tells Forum
Africa Must Lead Response to Growing Security Threats, Buratai Tells Forum
By Zagazola Makama
Former Chief of Army Staff, retired Lt.-Gen. Tukur Yusuf Buratai, has called for African-led solutions to the continent’s worsening security challenges, warning that the continent is facing an unprecedented convergence of threats requiring collective action.
Buratai made the call on Friday while delivering the keynote address titled, “Africa’s Priority Security Threats,” at the 32nd Parliamentary Intelligence-Security Forum in Addis Ababa, Ethiopia.
The retired army chief identified terrorism and violent extremism, transnational organised crime, cybersecurity vulnerabilities, governance-related instability, and the erosion of sovereignty through external dependence as the five major security threats confronting Africa.
According to him, the continent can no longer rely solely on external interventions but must strengthen regional cooperation, intelligence sharing and indigenous security capabilities.
Buratai described the Sahel as the global epicentre of terrorism, noting that the region now accounts for nearly half of all terror-related deaths worldwide.
He said that between January and November 2025, West Africa recorded about 450 terrorist attacks, resulting in more than 1,900 fatalities.
The former army chief noted that although Burkina Faso had recorded significant military gains under President Ibrahim Traoré, with government forces reclaiming about 72.7 per cent of occupied territories by June 2025 through Operation Lalmassga, extremist groups continued to stage deadly attacks.
He said intensified military operations in early 2026 reportedly eliminated at least 400 militants, but fresh attacks by jihadist groups, including those linked to Jama’at Nusrat al-Islam wal-Muslimin (JNIM), underscored the persistent threat.
Buratai also expressed concern over the withdrawal of Burkina Faso, Mali and Niger from the Economic Community of West African States (ECOWAS), saying the development had weakened regional intelligence-sharing and collective security efforts.
He warned that violent extremism was spreading beyond the Sahel into coastal West African countries, citing a sharp increase in attacks in northern Benin over the past three years.
On transnational organised crime, Buratai said West Africa was facing increasingly interconnected threats involving terrorism financing, piracy, arms trafficking, drug smuggling and cybercrime.
He noted that criminal networks were becoming more sophisticated and exploiting weak border controls, digital technologies and fragile governance structures to expand their operations across the region.
The retired general also identified cybersecurity as an emerging national security challenge, stressing that African countries must invest in cyber defence capabilities, digital infrastructure protection and regional cooperation to counter growing cyber threats.
Buratai urged African governments, policymakers and security institutions to adopt coordinated, home-grown strategies capable of addressing the continent’s evolving security landscape while safeguarding sovereignty and promoting sustainable peace and development.
He emphasised that lasting security on the continent would require stronger institutions, enhanced intelligence cooperation, economic resilience and greater political commitment among African nations.
Africa Must Lead Response to Growing Security Threats, Buratai Tells Forum
News
Release of Oyo School Kidnap Victims, a Testimony of Effective Inter-Agency Collaboration- NSCDC Boss
Release of Oyo School Kidnap Victims, a Testimony of Effective Inter-Agency Collaboration- NSCDC Boss
By: Michael Mike
The Nigeria Security and Civil Defence Corps (NSCDC) has applauded the successful rescue of 44 pupils and teachers abducted in Oyo State, describing the operation as a major boost to the Federal Government’s Safe Schools Initiative.
The Commandant General of the Corps, Prof. Ahmed Audi, commended the coordinated efforts of security agencies involved in the operation, saying the rescue underscored the effectiveness of intelligence sharing and inter-agency collaboration in tackling insecurity.
The victims were kidnapped by armed terrorists on May 15, 2026, in Oriire Local Government Area of Oyo State before they were freed in a coordinated intelligence-led operation involving multiple security agencies.
Those involved in the rescue include the National Counter Terrorism Centre (NCTC) under the Office of the National Security Adviser, Defence Headquarters, the Nigerian Army Special Forces, the Nigerian Navy, the Nigerian Air Force, the Nigeria Police Force, the Department of State Services (DSS), the National Intelligence Agency (NIA), and the NSCDC.
Reacting to the development, Prof. Audi said the operation reflected the Federal Government’s resolve to combat terrorism, secure schools and safeguard the lives of Nigerians.
He praised the courage, professionalism and commitment demonstrated by the security personnel, noting that the NSCDC would continue to support efforts aimed at protecting schools and other critical national assets through intelligence gathering, strategic deployment of personnel, community engagement and sustained collaboration with sister security agencies.
The NSCDC boss also called on Nigerians to support security agencies by providing timely and credible information that could aid the arrest of criminal elements, stressing that security is a shared responsibility.
Reaffirming the Corps’ commitment to its statutory responsibilities, Audi said the NSCDC would continue to protect critical national assets and infrastructure, respond to emergencies, strengthen disaster management and work closely with other security agencies to promote peace and security across the country.
Release of Oyo School Kidnap Victims, a Testimony of Effective Inter-Agency Collaboration- NSCDC Boss
News
Airstrikes Destroy ISWAP Stronghold, Logistics Hub in Borno
Airstrikes Destroy ISWAP Stronghold, Logistics Hub in Borno
By Zagazola Makama
The Air Component of Operation HADIN KAI has sustained its relentless air campaign against terrorist elements in the North-East, destroying a key terrorist enclave and logistics hub during a precision air interdiction mission in Borno State.
Intelligence sources told Zagazola Makama that the operation was carried out at about 2:40 p.m. on Friday, July 10.
The sources disclosed that the target was located at Yaganari, a notorious terrorist enclave within the Gezuwa general area, where insurgents had reportedly been regrouping and consolidating logistics for planned operations.
According to the sources, the strike followed credible intelligence indicating increased terrorist activities and the massing of fighters at the location.
“Persistent ISR missions were conducted to verify the intelligence before any engagement. The surveillance platform positively identified multiple terrorist structures, logistics hubs and visible movement of insurgents within the objective area,” one of the sources said.
Following confirmation of the hostile activity, the aircraft acquired the designated targets and executed a series of precision attacks in successive passes, delivering onboard munitions with high accuracy.
The coordinated strikes destroyed the identified terrorist structures, obliterated logistics facilities and neutralized several terrorists operating within the enclave.
Military sources described the mission as another significant setback to terrorist operations in the North-East, noting that the destruction of logistics infrastructure would further degrade the insurgents’ ability to sustain attacks and coordinate movements.
The latest operation emphasis on intelligence-driven precision strikes aimed at dismantling terrorist command centres, safe havens and supply networks while supporting ongoing ground operations by troops of Operation HADIN KAI.
Security sources said battle damage assessment is ongoing to determine the full extent of the damage inflicted on the terrorist network, while air surveillance over the area has been intensified to exploit the success of the operation and prevent any attempt by surviving fighters to regroup.
Airstrikes Destroy ISWAP Stronghold, Logistics Hub in Borno
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