Feature/OPED
Could the FIRS be Asking too Much?

By Tunji Andrews
The circular from the Executive Chairman of Federal Inland Revenue Service (FIRS), Muhammad Nami, to taxpayers over payment of taxes, is one that has left me heavily puzzled.
The circular, which gave an update on the good work by the federal government on palliative measures to cushion the effect of COVID-19 on taxpayers, went ahead to plead with corporate organizations in what it referred to as booming sectors of the economy to consider making payment of their annual returns earlier than the due date apart from their normal monthly obligations.
Muhammad Nami, made this plea in the circular, stating the obvious challenges the FG was facing at a time like this, he said that, “This has become necessary in order to ease some of the cash flow gaps being experienced by the government at this critical time.”
Across the world, governments have swung in to support businesses in the aim to retain jobs and keep the economy going.
To be honest to the Nigerian government, it has done quite a bit to support the economy as a whole. The first two paragraphs of the circular delved into these efforts.
I however fear that the FIRS may be looking at the situation without fully appreciating the nuances and peculiarities of these sectors.
The inference from this circular is that these sectors are cashing out during this time. Banking, telecoms and supermarkets (Retail/eCommerce) were some of the sectors mentioned as booming sectors and I wondered what the data behind this assumption was. Let’s examine these sectors together.
Banking as a business, derives its essence from enabling business activity. Their core roles are broadly categorized into collection of deposits, enabling the transfer of these deposits and provision of loans.
Now, every banking activity from swiping your debit card to providing a multi-billion dollar facility to build a factory, can be said to fall within these categories; and while the transfer of N10,000 from Mr Akingbade in Lagos to his aged mother in Ekiti might follow the same overall process as Dangote Cement paying one of its contractors, the fees and overall impact on the bank’s bottom-line are nearly not the same.
In fact, a large amount of bank transactions these days are the types I call sustenance driven transactions and these banks are seeing their core income hit dramatically.
In addition, some banks have had to issue between 90-days and one-year moratoriums to their customers, to help them weather this period; so, I struggle to understand how they are booming. They are actually taking serious hit.
E-commerce boom is also another assumption that is entirely not data driven. The funny thing is that the entire eCommerce push since the lockdown has been more of groceries and if the FIRS had done a little inspection, they would realize that this actually contributes between 3%-5% to the entire business.
With most people trying to survive, nobody is buying luxury items, phones, gadgets, electronics, jewellery, other household items etc.
And even when such orders do come in, the operators are grappling with security agencies who do not allow passage for any item aside those classified as “essentials”. Whereas, these other items are the major sources of eCommerce income.
More importantly, there is limited movement across board because of the lockdown which makes it difficult to carry out inter-state delivery.
Security agents are also not helping matters as they do not allow suppliers who are mostly SMEs move their item to eCommerce businesses’ warehouses because they do not recognize them. How then is the sector booming when gadgets, electronics and household items are not allowed to be sold or moved?
Telecoms often tends to get the short end of the stick with regulation in Nigeria as everyone seems to believe they are making way too much money; and maybe they are but ultimately, they are offering a service and it is being paid for.
The total amount of screen time has dramatically increased across the world, with more and more people glued to their phones and tablets for news, entertainment and even connection.
What may surprise most is that voice calls (the real cash cow) has dropped for most telecoms operators. With less formal calls to make, chat messaging and internet calls have taken center stage. Also, most enterprise services with most Telcos have also taken a hit with most businesses’ shut down.
I think FIRS may missing some variables. The key to business success in any retail sector business is consumer spending and the key to consumer spending is employment.
Recent estimates show that at least 40% of employers plan to downsize as the covid19 pandemic outbreak increases. Workers across multiple industries, including airlines, hotels, restaurants, retail, and banking need to be rehired in sufficient numbers to truly impact consumer spending.
The small and medium scale enterprises also hit by various lockdowns will struggle to pay and hold on to employees. The thought of the FIRS and by extension, the government should be on how to restore income for those workers laid off because of COVID-19 shutdowns; it will also help increase consumer confidence and spark additional spending. Till then, I believe the FIRS should be asking not what businesses can do to help government (as they are already doing it) but what the government can do to help businesses
Another interesting thing worthy of note in the whole of this issue is how the whole government apparatus allow our elected officers to live in opulence in the midst of no-wealth, they move about in convoys of expensive cars, with hundreds unproductive aides, and earning millions in allowances at a time that the global and national economies are experiencing a downturn?
Interestingly, Nigerian government is appealing for support in the fight against the COVID-19 pandemic, the legislative arm is ordering the latest model of Toyota Camry for each of the 360 members of the House of Representatives. Instead of cutting cost in these areas, the same government is looking away when the FIRS is snuffing out the little air that is sustaining the companies that are already gasping for breath.
It is surprising that Nigerian governments isn’t considering tax holiday and practical palliative for the businesses that are keeping the economy running like their counterparts in other parts of the world.
Governments in other clime are looking for ways of cushioning the effects of COVID-19 pandemic for corporates, but the Nigerian government, through its agencies, are adding to the burden of these companies.
My candid advice is for the federal government is to ask the Federal Inland Revenue Service to withdraw the circular appealing for advance payment of the company tax, and look inwards to bridge the funding gaps.
Feature/OPED
Trump Exploring Strategic Economic Cooperation With Africa

By Kestér Kenn Klomegâh
United States President Donald Trump’s unexpected invitation of five West African leaders from Gabon, Guinea-Bissau, Liberia, Mauritania and Senegal for extraordinary multilateral meeting in Washington was primarily to review and reshape the US relationship with Africa.
According to White House official documents, the key areas of cooperation also included economic development, security, infrastructure and democracy. The meeting was attended by the presidents of Gabon (Brice Clotaire Oligui Nguema), Guinea-Bissau (Umaro Sissoco Embaló), Liberia (Joseph Nyuma Boakai), Mauritania (Mohamed Ould Ghazouani), and Senegal (Bassirou Diomaye Faye).
The multilateral dialogue has both high-valued significance and geopolitical implications. The White House explicitly indicated the July meeting aimed at fostering an open dialogue and get familiar with rising concerns and priorities, and possibly with the goal of promoting private sector investment and deeper economic partnerships.
Some policy experts have weighed in too. At the height of United States deteriorating relations with Africa and, particularly with new rules and regulations relating to trade, President of the African Development Bank (AfDB), Dr Akinwumi Adesina, proposed concerted efforts to change the narrative on Africa in the United States in order to attract increased investments into the continent.
“Africa is no longer a continent that can be ignored,” he said, pointing further to emerging economic investment opportunities for institutional investors in Africa and those from the United States.
“This is the time to change the investment narrative on Africa in the United States,” he stressed, and explained several developing strategic alliances and partnerships, taking advantage of the new outlook of new US administration.
Adesina spoke about the need to change the mindset, and creating more opportunities to attract greater US investment in Africa and within the context of the African Continental Free Trade Area (AfCFTA).
Many African countries consider AfCFTA as a historic opportunity to deepen economic ties, first with regional and continental neighbours, and further to expand market access for their respective goods and services abroad.
Notably, this intra-African trade remains the starting-point of strength, especially with the AfCFTA creating a single consumer-market of an estimated 1.4 billion people.
South African President Cyril Ramaphosa has faced resonating criticisms from South African entrepreneurs, politicians, and the middle class for turning and twisting its spinal bone to the United States.
For decades, many other African countries, including Ethiopia, Egypt and South Africa have had excellent trade ties and investment relations with the United States, especially through the African Growth and Opportunity Act (AGOA). While some African countries, since Donald Trump’s ascension to the presidency, have been trying to adjust to change US trade and economic relations with Africa, uncertainty largely remains on the landscape. Egypt has had its share over the war between Israel and Palestine, and South Africa over the alleged white genocide.
It is interesting to remind here that the relations between South Africa and the United States have sharply declined since Donald Trump returned to the White House in January 2025. Tensions escalated after the US president expelled South Africa’s ambassador and cut financial aid, citing objections to South Africa’s land reform policies and its decision to pursue a genocide case against US ally Israel at the International Court of Justice.
In response, the South African government defended its stance, calling the land reform effort a constitutional measure aimed at addressing historical racial inequalities in land ownership dating back to apartheid. Officials also stressed that no land expropriations have taken place.
Nevertheless, US-Africa business conference hosted by Angola in late June 2025, adopted measures to sustain at least existing long-term trade ties between US and Africa, tactful agreements were reached to push for the extension of AGOA which offer the huge chance for African products and service to reach US market, and for eligible African countries to earn revenue for the budget.
Undeniably, the African and Afro-American diaspora invariably form important actors in the US-Africa economic partnership and key vectors of commercial exchanges on the African and US directions.
In practical reality, the AGOA and the AfCFTA are currently working together on mechanisms to promote trade between the two regions. This represents the strongest bridge connecting US and Africa, in addition to financial remittances ($58 billion, World Bank and IMF reports 2024) by Africans whose labour supports the American economy and the aggregate productivity. These are stark realities that are getting increasingly hard to ignore in the current geopolitical context.
While the swift turns and tweets continues featuring in US relations with Africa, Donald Trump’s multilateral ‘mini-summit’ with leaders of Gabon, Guinea-Bissau, Liberia, Mauritania and Senegal raised eye-brows around the world.
Reports monitored and thoroughly studied by this article author indicated that Trump’s strategically aimed at striking smart-partnership involving the exploitation of critical mineral resources and also questions over trade and support for economic development. That however, critics say the five leaders represent a small fraction of the US-Africa trade, but possess untapped natural resources.
In their speeches, African leaders adopted a kind of flattering chorus. Gabon, Guinea-Bissau, Liberia, Mauritania and Senegal have shown skyline interest, an opportunity to sustain bilateral relations but with new twists and in new formats.
Nowadays, African countries are prepared to export semi-processed resources, such as Senegalese natural resources, including manganese — a key mineral in the production of stainless steel and batteries — iron ore, gold, diamonds, lithium and cobalt; Gabon’s manganese and uranium, and those other mineral resources particularly in Guinea-Bissau, that have drawn Washington’s strategic interest.
On one side, Liberia’s President Joseph Nyuma Boakai in a statement “expressed optimism about the outcomes of the summit, reaffirming Liberia’s commitment to regional stability, democratic governance, and inclusive economic growth.” On the other side, Guinea-Bissau’s president, Umaro Sissoco Embalo, called the visit “very important” – citing hopes for economic support. Gabonese officials also cited industrial development as a key interest.
Reports littered up on social media, offered insights into the assertive exchanges and discussions by Senegalese President Bassirou Diomaye Faye with Donald Trump. During the meeting, Bassirou Faye lavished praises on and further complimented Trump’s leadership skills — and his golf game — and pitched a potential Trump-branded golf course in Senegal. “I was wondering what your secret was for resolving all these complex crises?” Faye flatteringly asked Trump. “And I know you are a tremendous golf player. Golf requires concentration and precision, qualities that also make for a great leader.”
Trump appeared noticeably pleased with Mauritania President Mohamed Ould Ghazouani, together with the four presidents. United States anticipated to strike contentious mineral exploration deals. “We have a great deal of resources,” said Mohamed Ould Ghazouani, president of Mauritania, listing rare earths, as well as manganese, uranium and possibly lithium. “We have a lot of opportunities to offer in terms of investment.”
In a typically direct, combative, and unique style, Trump told the African leaders Washington’s ambitious plans to build new economic cooperation, and the desire to boost substantial package of trade ties with the aforementioned African leaders. Trump encouraged the leaders to make greater investments in defence, hopefully, of course, buying US equipment, the best defense equipment which was proved the best in the Republic of Iran.
In all that, Trump suggested serious trade, which perhaps means that Washington would be hesitant to impose large tariffs on their countries. At least, Trump even thought it necessary to crack jokes, asked Liberia’s president where he learnt to speak English so well. “Such good English, where did you learn to speak so beautifully? I have people at this table who can’t speak nearly as well,” Trump asked after complimenting Liberian President Joseph Boakai on his English that Liberia has been a longtime friend of the United States and the possibility of the policy for making America great again in the geopolitical context.
“We have closed the USAID group to eliminate waste, fraud and abuse,” Trump said. “And we’re working tirelessly to forge new economic opportunities involving both the United States and many African nations.” West African countries are among the hardest hit by the dissolution of USAID. The U.S. support in Liberia amounted to 2.6 per cent of the country’s gross national income, the highest percentage anywhere in the world, according to the Centre for Global Development.
Trump has announced new tariffs, beginning from August 1, on 14 countries, including Algeria, Libya, and South Africa. This cast a shadow over Africa’s economic outlook, paralysing business afresh in those countries. But at the same time, there are also clear indications Trump administration is, most possibly with truth of commitment, normalizing relations and expanding economic partnerships and that would ensure renewed waves across the continent. While there are still some doubts over patching up the growing complications and complexities in the entire US-Africa relations, the White House’s report hinted at holding an expanded Africa leaders summit in September with United States under the patronage of Donald Trump.
Kestér Kenn Klomegâh has a diverse work experience in the field of business intelligence and consultancy. His focused research interest includes geopolitical changes, foreign relations and economic development related questions in Africa with external countries. Klomegâh has media publications, policy monographs and e-handbooks
Feature/OPED
Airtel AI Spam Alert Tackles an Urgent Telecom Problem

By Faedat Temideni
In Nigeria today, unwanted messages have evolved from a mere annoyance into a serious security risk. From deceptive investment opportunities to phony bank notifications, spam communications have transformed into complex frauds that target unsuspecting victims.
For numerous Nigerians, starting the day with several spam messages has turned into a regular occurrence. Telemarketing offers, questionable lottery prizes, and phishing schemes inundate mobile inboxes, frequently inundating users with unsolicited messages. Although some communications are simply annoying, others are designed to mislead and take advantage.
In recent years, there has been a rise in fraudulent SMS messages, where scammers mimic banks, government bodies, and reputable companies to obtain sensitive information from people. A report by the Nigerian Communications Commission (NCC) indicates that financial fraud via mobile channels has resulted in substantial monetary losses, causing unsuspecting victims to lose millions of naira.
Consider the scenario of Adebola, a civil servant in Lagos, who got an SMS purporting to be from her bank, urging her to click a link and refresh her account information. Just moments after complying, she noticed that her account had been breached, resulting in thousands of naira being withdrawn before she could respond. Tales such as Adebola’s emphasize the necessity for a strong approach to tackle SMS fraud and unwanted spam messages.
Airtel’s Spam Alert Service: A Historic Innovation
Acknowledging the critical necessity to tackle this problem, Airtel Nigeria, in March 2025, launched its Spam Alert Service, a creative system intended to screen spam messages before they reachusers. The service utilizes Artificial Intelligence built by Airtel to examine incoming SMS, detect suspiciouspatterns, and alert users accordingly.
Airtel’s Spam Alert Service Works in Three Key Ways
Quick Identification: The system automatically identifies suspected spam messages.
User Alerts: When a suspected fraudulent message is detected, users receive an alert notifying them of the potential spam.
User Reporting Feature: Customers can report spam messages by forwarding them to a dedicated short code, helping Airtel enhance its spam alert mechanisms.
With the launch of the Spam Alert Service, Airtel is not only protecting its customers but also strengthening trust in mobile communication. By helping to curb SMS fraud, Airtel ensures that users can engage with their mobile devices with a much-reduced risk of falling victim to SMS scams.
According toAirtel Nigeria’s Chief Executive Officer, Dinesh Balsingh,the AI Spam Alert Service demonstrates the priority the company places on user security. “We understand that spam messages are more than just an annoyance, they pose real threats to individuals and businesses. So, our Spam Alert Service is part of a broader effort to ensure a safer and more secure digital experience for our customers,”MrBalsingh said.
An Urgent Call to Action
As Airtel takes the lead in the fight against spam and SMS fraud, mobile users must remain vigilant. Customers are encouraged to report suspicious messages and avoid clicking on links from unknown sources. Additionally, businesses must adopt best practices in digital communication to ensure their messaging systems are not exploited by fraudsters.
With initiatives like the Spam Alert Service, Airtel is setting a new standard for mobile security in Nigeria. In a world where digital threats continue to evolve, proactive measures like this ensure that users can communicate safely, free from the fear of falling victim to SMS scams.
The battle against spam and fraud is far from over, but with Airtel’s Spam Alert Service, Nigerian mobile users now have a powerful ally in safeguarding their communication channels.
Feature/OPED
Can Urban Farming Contribute Meaningfully to Nigeria’s Food Security?

By Diana Tenebe
Nigeria, Africa’s most populous nation, faces a complex web of food security challenges. Soaring food inflation, exacerbated by climate extremes, persistent insecurity in food-producing regions, and an inadequate supply of nutritious foods, has pushed millions into acute hunger. Despite vast agricultural resources, the country ranks low on the Global Food Security Index, underscoring a critical need for innovative solutions. Amidst this backdrop, urban farming, often dismissed as a niche activity, is gaining traction as a strategy to enhance food security, create income opportunities, and promote sustainable practices in urban areas.
Urban farming, encompassing a range of practices from rooftop gardens and vertical farms to community plots and aquaculture, offers the potential to localise food production, reduce reliance on distant supply chains, and enhance access to fresh, nutritious produce. As Nigerian cities continue to urbanise, converting agricultural land to other uses, the importance of maximizing food production within urban limits becomes crucial.
One of the most immediate and impactful contributions of urban farming is its ability to enhance food availability and access. By cultivating crops within city limits, fresh produce can reach consumers more quickly, drastically reducing post-harvest losses and transportation costs. This localised production directly addresses issues of food scarcity, especially for vulnerable urban populations who often struggle with the high cost and limited availability of fresh food. Successful initiatives in Lagos for instance have demonstrated how urban farms can become reliable sources of fruits, vegetables, and even protein through urban livestock and aquaculture for surrounding communities.
Beyond mere availability, urban farming plays a crucial role in improving nutritional outcomes and dietary diversity. Access to fresh, diverse produce encourages healthier eating habits, helping to combat prevalent issues like protein-energy malnutrition and micronutrient deficiencies. When families cultivate their own food, they gain greater control over its quality and freshness, often opting for more nutritious varieties. This direct link between cultivation and consumption can lead to a measurable increase in dietary diversity within urban households.
Urban farming is not just about subsistence; it holds substantial economic promise and fosters job creation. It directly generates employment opportunities in various stages, including planting, harvesting, processing, and distribution. Small-scale urban farmers can sell their surplus produce at local markets, generating income and fostering entrepreneurship. This can be particularly impactful for Nigeria’s large youth population, offering a viable path to employment and self-reliance in a landscape of high unemployment. Initiatives that provide training and access to markets, like “FarmInTheCity” in Lagos, exemplify how urban farming can blossom into full-scale enterprises.
Urban farming contributes significantly to environmental sustainability and climate resilience. Innovative urban farming techniques, such as hydroponics and vertical farming, are inherently resource-efficient, using less land and water compared to traditional agriculture. They also reduce “food miles,” significantly lowering carbon emissions associated with long-distance transportation. Additionally, urban green spaces created by farming initiatives can help mitigate the urban heat island effect, improve air quality, and enhance urban biodiversity. This makes urban farming a crucial component of climate adaptation strategies, helping cities become more resilient to the impacts of climate change, such as erratic rainfall patterns and prolonged droughts that affect traditional agriculture.
Finally, community gardens and collaborative urban farming projects serve as powerful tools for fostering community cohesion and social impact. They provide shared spaces where residents can connect, build knowledge, and foster a sense of community pride and ownership. These initiatives can also serve as educational platforms, promoting sustainable practices and raising awareness about local food systems. This collaborative spirit can be particularly beneficial in diverse urban settings, breaking down social barriers and strengthening community bonds.
For Urban farming to work in Nigeria, policy support and integration are crucial. Governments at all levels need to recognize urban farming as a legitimate and vital part of the food system. This involves developing supportive policies, streamlining land-use regulations, and integrating urban agriculture into city planning. Second, capacity building and education are essential. Investing in education and training programs is vital. Access to finance and technology is a significant factor for urban farmers. Innovative financing models, perhaps incorporating “pay-as-you-grow” schemes for technology adoption, are needed. Also, leveraging technology like mobile apps for market access can significantly boost productivity. Lastly, adequate infrastructure, including reliable energy sources and efficient storage facilities, is crucial to minimize post-harvest losses and ensure the economic viability of urban farms.
Urban farming in Nigeria is more than just a passing trend; it can represent a tangible and impactful pathway towards enhanced food security. By embracing innovative approaches, fostering supportive policies, and empowering urban communities with the necessary resources and knowledge, Nigeria can unlock the immense potential of its cities to feed their populations, create economic opportunities, and build a more resilient and sustainable future. The revolution of urban farming, if nurtured effectively, can indeed contribute meaningfully to Nigeria’s quest for food security.
Diana Tenebe is the Chief Operating Officer of Foodstuff Store
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