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Tax Reform or Financial Exclusion? The Trouble with Mandatory TINs

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Tax Reform or Financial Exclusion

By Blaise Udunze

It is not only questionable but an aberration that a nation where over 38million Nigerians remain financially excluded, where trust in institutions is fragile, and where citizens are pressured under the weight of rising living costs, the use of Tax Identification Number (TIN) has been specified as the only option for their bank accounts operation from January 1, 2026 by the Federal Government of Nigeria.

In practice, the policy spearheaded by Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, is rooted in the Nigerian Tax Administration Act (NTAA), and the intention can be understood in the areas of improving tax compliance, widening the tax net, and formalizing economic activities. But in practice, the directive risks becoming yet another well-meaning reform that punishes the wrong people, disrupts financial inclusiveness, and potentially destabilises an already stressed economy.

Yes, Nigeria needs tax reforms. Yes, the country must broaden its tax base. And yes, public revenues must increase to address fiscal pressures.

But compelling citizens to obtain TINs as a condition for operating bank accounts is the wrong tool for the right objective.

Below are five core arguments against the directive, and sustainable alternatives that actually strengthen tax compliance without endangering banking access or punishing informal earners.

The Directive Risks Deepening Financial Exclusion

Nigeria still struggles with financial inclusion. According to several official assessments, over 38 million adults remain outside the formal financial system. Many of them operate small, irregular businesses, survive through subsistence earnings, or depend on cash-based livelihoods.

The Federal Government’s compulsory TIN-for-bank-accounts policy is built on the assumption that every banked Nigerian is structured, organised, and tax-ready. This is false.

For instance, the rural market woman with N30,000 in rotating savings, the okada rider who deposits cash once a week, the petty trader using a mobile POS agent account, the retiring pensioner managing a small monthly income, and the migrant worker sends small remittances to their family. These are not tax evaders; they are survivalists.

Most operate bank accounts not because they run formal businesses, but because those accounts are essential to modern financial life: receiving transfers, accessing loans, participating in digital commerce, saving against emergencies, and avoiding the risks of moving cash in insecure environments.

By creating an additional bureaucratic barrier, the directive risks pushing millions back into a cash-dominant shadow economy, precisely the opposite outcome of what Nigeria’s financial-sector reforms are trying to achieve.

Bank Accounts Are Not Proof of Taxable Income

The NTAA clarifies that the TIN requirement applies only to taxable persons, individuals engaged in trade, employment, or income-generating activities.

But herein lies the problem: banks cannot determine who is “taxable” and who is not. Banks only see deposits and withdrawals. They do not audit the source or consistency of income. They are not tax authorities.

A student may run a small online clothing resale gig. A retiree may occasionally rent out farmland.

A dependent may receive cash support from a relative abroad. A job seeker may get intermittent gifts from family.

Who decides which of these scenarios qualifies as taxable? Banks? FIRS? Or will citizens be expected to self-declare under threat of account restrictions?

The result will be confusion, over-compliance, and mass panic with banks indiscriminately demanding TINs from everyone to avoid regulatory penalties.

This not only contradicts the spirit of the law but also exposes ordinary Nigerians to harassment and arbitrary compliance requirements.

The Policy Could Trigger Disruption, Panic Withdrawals, and Cash Hoarding

Whenever Nigerians perceive threats to their access to funds, the natural reaction is withdrawal and hoarding. We saw it during:

–       the 2023 Naira redesign crisis,

–       the 2016 TSA-bank consolidation tightening, and multiple periods of financial instability.

Telling citizens that bank accounts may face “operational restrictions” if they do not obtain a TIN creates a predictable behavioural response: people will rush to withdraw money.

This would be disastrous for a banking system already pressured by:

–       high interest rates,

–       inflation eroding deposits,

–       rising loan defaults, and

–       declining public trust.

Any government policy that unintentionally creates an incentive for citizens to flee the formal banking system is counterproductive.

The TIN Requirement Will Become a Bureaucratic Nightmare

Even if millions of Nigerians want to comply, the system is not ready. Nigeria’s administrative infrastructure does not have the capacity to process tens of millions of TIN registrations within months without:

–       long queues,

–       delays,

–       data mismatches,

–       duplicate records, and

–       systemic errors.

The National Identity Number (NIN)-SIM registration experience is a painful reminder of what happens when ambitious policy meets weak execution capacity.

–       Citizens spent months in overcrowded enrolment centres.

–       Millions were blocked from services.

–       Data inconsistencies persisted.

–       The economy suffered productivity losses.

If Nigeria could not seamlessly synchronise NIN and SIM data, how will it synchronise NIN, BVN, and TIN at a national scale without dislocation?

Forcing TIN Adoption Ignores the Real Problem: Nigeria’s Broken Tax Culture

The Federal Government’s real challenge is not that citizens lack TINs, but that they lack trust in how taxes are used.

A government cannot widen the tax net when:

–       tax leakages remain widespread,

–       citizens feel services do not match taxation,

–       corruption perceptions are high,

–       government spending lacks transparency, and

–       taxpayers do not feel seen, heard, or valued.

Coercion does not build a tax culture. Engagement does. Policy does not create legitimacy. Accountability does.

If the Federal Government wants Nigerians to freely participate in the tax system, it must earn legitimacy first, not mandate compliance through financial restrictions.

What the Government Should Do Instead: A Smarter Path to Tax Reform

Instead of enforcing a policy that may backfire economically and socially, the Federal Government can adopt four smarter, people-centred alternatives.

–       Automatic TIN Issuance Linked to NIN and BVN

Rather than forcing Nigerians to apply manually, the government should:

  • auto-generate TINs for all existing BVN/NIN holders,
  • send the TINs via SMS, email, and bank alerts,
  • allow self-activation only when needed for tax obligations.

This eliminates queues, delays, and confusion.

–       Build a Voluntary Tax Compliance Culture Through Transparency and Incentives

Tax morale improves when citizens see value. Government should:

  • publish annual audited reports of tax revenue use,
  • incentivise compliant taxpayers with benefits (priority access to government grants, credit scoring, etc.),
  • simplify tax filings for small businesses.

People comply more when they feel respected, not coerced.

–       Target High-Value Tax Evaders, Not Low-Income Account Holders

Nigeria’s real tax leakages come from:

  • large corporations shifting profits,
  • politically exposed persons,
  • illicit financial flows,
  • multinational tax avoidance strategies,
  • the informal “big money” class operating outside the banking system.

Instead of threatening small depositors, the government should strengthen:

  • FIRS intelligence and investigation units,
  • inter-agency data integration (CAC, Customs, Immigration),
  • beneficial ownership transparency enforcement.

The fight against tax evasion should focus on those hiding billions, not those depositing thousands.

–       Strengthen Digital Tax Platforms for Easy Self-Registration and Compliance

If tax registration becomes as easy as opening a social media account, compliance will rise naturally. The government should build:

  • a mobile-first tax app,
  • simplified online TIN retrieval,
  • one-click tax filing for gig workers and small traders.

Digital convenience can achieve what regulatory coercion cannot.

Reform Should Not Punish the Public

No doubt, tax reforms are needed urgently, but they must come with a human face, an intelligent, equitable, and aligned with the realities of ordinary Nigerians.

The TIN-for-bank-accounts policy, while well-intentioned, risks undermining financial inclusion, triggering economic instability, and imposing unnecessary burdens on millions who are not tax evaders but survival-based earners.

Good tax policy is built on trust, not fear. On transparency, not threats. On civic legitimacy, not administrative compulsion.

If the Federal Government truly wants to modernise Nigeria’s tax system, it must focus not on restricting citizens’ access to their own money, but on:

  • repairing tax trust,
  • digitising compliance,
  • targeting the real evaders, and
  • making participation easier, not harder.

Financial inclusion took Nigeria decades to build. We cannot afford a policy that carelessly reverses these gains.

A better tax system is possible, but it must start with the people, not with their bank accounts.

Blaise, a journalist and PR professional, writes from Lagos, can be reached via: [email protected]

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Political Uncertainty: Can the ADC Afford a Wolf Politician?

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african democratic congress ADC

By Abu Mahmud

The recent realignment within the African Democratic Congress (ADC) is a direct response to its founding promise of transparency, accountability, and people-centered politics, free from money politics, godfatherism, and elite domination. The party seeks to harness a powerful opposition coalition while safeguarding its founding ideals from elite capture. Success will depend on how rigorously the ADC enforces its transparency and accountability mechanisms as the 2027 race intensifies.

As the 2027 elections approach, that promise is being put to the test. The ADC’s realignment is a high-stakes balancing act. The party must decide whether to open its doors to opportunistic politicians whose primary currency is personal ambition. Such “wolves” may bring short-term numbers, but they threaten the party’s credibility, cohesion, and long-term legacy. The ADC’s true strength lies in shared values, not in the whims of any single individual.

If the ADC admits politicians driven more by personal ambition than by shared ideals, it risks undermining its very foundation. As electioneering draws nearer, the party stands at a crossroads: either remain faithful to its principles or sacrifice them for short-term political advantage. Its credibility, cohesion, and long-term relevance depend on choosing the former.

As Nigeria moves toward the 2027 general elections, the country needs leaders of integrity—visionary, unifying, and committed to national development above sectional or personal interests. Such leaders must be accountable, open to competent new talent, and committed to institution-building, job creation, poverty reduction, and national cohesion, rather than divisive, self-serving politics.

At this critical moment, Nigerians cannot afford leadership captured by individuals who exploit poverty and emotion through populist rhetoric while pursuing narrow ambitions. Citizens must distinguish between politicians who seek power and wealth for themselves and those who serve with integrity, transparency, and a genuine commitment to community development.

A political party is bigger than any individual. It is built on shared values and collective purpose, not personal ownership. When individuals attempt to dominate a party, democracy weakens and godfatherism thrives.

Even before the election season, there is a real possibility that the ruling establishment could attempt to weaken opposition forces through proxy infiltration, sowing discord within emerging coalitions.

This concern is heightened as the PDP faces what may be its weakest moment since inception.

Atiku Abubakar has emerged as a central figure in a new opposition coalition that has adopted the ADC as its platform for 2027.  The coalition includes figures such as former Senate President David Mark (interim national chairman), former Osun State Governor Rauf Aregbesola (interim secretary), Nasir El-Rufai, Rotimi Amaechi, and others. They have held consultations on party structure and strategy, advocating transparent primaries and urging members—including Peter Obi—to fully transition into the ADC. Atiku’s exit from the PDP and registration with the ADC signal a coordinated effort to challenge the APC government.

This context raises a critical question: can the ADC afford to admit politicians whose entry is conditioned on personal guarantees?

One recurring feature of some Kano-based politicians is the tendency to conflate local dominance with national relevance. Through emotionally charged rhetoric, such figures mobilize loyal supporters while mistaking regional popularity for nationwide appeal. More troubling is the practice of setting conditions even before joining a party.

Rabiu Musa Kwankwaso, has openly stated that he would only defect to another party if offered the presidential or vice-presidential ticket for 2027. He argued that his decades-long political career entitles him to such consideration, insisting that his supporters would accept nothing less. Yet this posture contrasts sharply with the conduct of other coalition members who have subordinated personal ambition to collective negotiation. To demand special concessions while others make sacrifices raises serious questions about motive, sensitivity, and commitment to a shared cause.

This article is not rooted in personal animosity or partisan loyalty. Rather, it examines a political style defined by populism, personality-driven movements, and frequent party migration motivated by immediate ambition rather than ideology. Kwankwaso commands a loyal base in Kano, where he is celebrated as a champion of the masses.

Beyond that stronghold, however, his career is marked by serial defections—from PDP to APC to NNPP—each aligned with personal calculations rather than consistent principles. Supporters describe this as pragmatism; critics call it political nomadism.

Recent developments in Kano have punctured the myth of Kwankwaso’s invincibility. Political ruptures within the state have exposed a reality long obscured by propaganda: his influence depends heavily on access to state power.

Without control of institutional machinery, his dominance diminishes. Electoral outcomes reinforce this limitation. In the last presidential election, Atiku Abubakar secured over seven million votes, Peter Obi over six million, while Kwankwaso garnered just 1.14 million—nearly all from Kano.

Governor Abba Yusuf’s anticipated defection to the APC further signals a shift in Kano’s political landscape. While the Kwankwasiyya movement remains relevant, its grip on state power is weakening. This moment calls for recalibration, not confrontation. Politics is not a do-or-die affair, and clinging to power at all costs risks eroding both dignity and legacy.

Reports of behind-the-scenes meetings involving Kwankwaso and former President Olusegun Obasanjo, along with speculation that he could be used to destabilize opposition parties, only deepen concerns about his role in any coalition. As his influence wanes, he increasingly portrays himself as a victim of betrayal, rallying supporters with narratives that elevate personal loyalty above political evolution.

In a political maneuver aimed at self-preservation, reports claimed that the former NNPP presidential candidate sought the intervention of Chief Bisi Akande to arrange a direct meeting with President Bola Ahmed Tinubu to negotiate his defection. Akande reportedly declined, stressing that he could not bypass established party structures, and instead referred Kwankwaso to the party’s official high-level negotiation committee.

The NNPP has also stated that, according to its constitution, the Kano State governor is the party leader, being its only sitting governor. Kwankwaso, they noted, was merely the party’s 2023 presidential candidate—an arrangement that ended after the election when the Memorandum of Association between the party and the Kwankwasiyya Movement expired.

Despite his anxiety about his political future, Kwankwaso has been unable to explain to the youths—whose blind loyalty he still relies on—why many long-standing allies dating back to 1999 have walked away. Absent from his narrative is any reckoning with his habit of discarding those who helped build his career: Senator Hamisu Musa, Musa Gwadabe, Abubakar Rimi, among others. Political independence is not betrayal; it is a legitimate pursuit.

When Abdullahi Ganduje parted ways with Kwankwaso, he endured ridicule and abuse. In my view, Kwankwaso and his supporters should at least appreciate Abba Gida-Gida’s restraint in not publicly recounting the unpleasant experiences surrounding his emergence as governor under the NNPP. While the Kwankwaso–Abba conflict is fundamentally political—a struggle for solutions and self-determination—there remains a clear distinction between betrayal, the pursuit of solutions, and the quest for independence from total submission. Madugo’s recent speeches, laden with symbolism and coded language aimed at Governor Abba Yusuf, reflect nothing more than a troubling lack of restraint.

For Atiku, other heavyweight politicians, and the ADC, the lesson is clear: no serious political party should mortgage its future on conditional loyalty or personal ambition. The party’s strength lies in its principles, not in accommodating politicians who seek to bend its vision to their own ends.

At this stage, Kwankwaso’s political control appears to have reached its limits. History shows that successful politicians understand timing, terrain, and temperament. They fight when the cause is just, support is solid, and victory is achievable. They retreat when the odds are stacked, when emotion outweighs reason, or when temporary withdrawal can prevent permanent defeat. It may be time for him to step aside gracefully, preserve his dignity, and protect his legacy. When an ant becomes arrogant, it grows wings.

Power is not bestowed by any individual; it is granted by Allah alone, who gives and withdraws authority as He wills. Both Islam and Christianity affirm this truth: power is a divine trust, not personal property. Any posture that suggests authority flows from personal will contradicts both faith and reality.

Mahmud writes from Hadejia Road, Kano

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Anthony Chiejina: Africa’s Quiet Architect of Global Corporate Reputation

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Anthony Chiejina

By Abiodun Alade

In a year shaped by geopolitical tension, technological disruption and intensifying scrutiny of corporate conduct, Anthony Chiejina has once again secured a place among the world’s most influential communications leaders.

In the orchestration of influence, some leaders make themselves heard; others, like Chiejina, make themselves felt. As Group Chief, Branding and Corporate Communications, Dangote Industries Limited, Africa’s largest industrial conglomerate, he operates not in the glare of the spotlight, but in the rarified space where strategy, trust and perception converge. Influence, in Chiejina’s world, is not performative. It is deliberate, calibrated and sustained.

His inclusion on the 2025 Influence 100 for the fifth consecutive year confirms his standing as one of the most consequential in-house communicators globally—and the only Nigerian on this year’s list.

Now in its 13th year, the Influence 100 has become a benchmark for leadership at the intersection of reputation, strategy and power. Compiled annually by PRovoke Media’s senior editorial team, the list recognises communications, corporate affairs and marketing executives whose judgement shapes organisational credibility, agency relationships and public trust. Selection is based on organisational influence, strategic remit, thought leadership and the capacity to lead through complexity.

Chiejina’s sustained presence on the list signals something deeper than recognition. It reflects a style of leadership defined not by volume, but by judgement.

Leadership Beyond Messaging

In today’s corporate environment, communications is no longer a support function. It is a leadership discipline. For Chiejina, that evolution has long been reality. His remit extends from strategic counsel at the highest level to internal alignment across a vast workforce, crisis navigation, regulatory engagement and long-term brand stewardship across sectors.

Dangote Group’s footprint spans cement, energy, agriculture, manufacturing and infrastructure—sectors that sit at the heart of national economies and global supply chains. Every decision, every word, carries weight beyond the corporation itself.

That responsibility has intensified as Dangote Group has undertaken some of the most ambitious industrial projects in Africa, drawing global attention and regulatory scrutiny. Managing reputation at this scale demands more than messaging. It requires institutional memory, political literacy and an acute understanding of how public legitimacy is earned and sustained.

Under his stewardship, Dangote Group has maintained its position as Africa’s most admired company while navigating periods of heightened public debate and international visibility. His work consistently connects corporate ambition with public confidence, ensuring that growth is matched by credibility.

Institutional Memory and Strategic Calm

More than 15 years within the Dangote Group have given Chiejina a rare asset: deep institutional memory. That continuity has proven invaluable during periods of expansion, regulatory change and market volatility. While others respond to headlines, he focuses on coherence, consistency and long-term trust.

Those who work with him describe a leader who privileges preparation over performance and clarity over drama. His approach is measured and analytical, grounded in the belief that reputation is not built in moments, but through years of disciplined engagement.

Chiejina’s fifth consecutive appearance on the Influence 100 places him among a peer group that includes communications chiefs from Apple, Google, Coca-Cola, Nike, Ford, Emirates, Reliance and other global giants. Yet he remains the only Nigerian on the 2025 list and one of the few Africa-based executives consistently recognised.

That distinction reflects both the scale of his responsibility and the growing global relevance of African corporate leadership. As Africa’s industrial champions assume a larger role in global supply chains and energy markets, the standards by which they are judged have become unmistakably international. Chiejina has helped ensure that Dangote Group meets those standards not through imitation, but through coherence, transparency and confidence in its own narrative.

Before joining Dangote Group, Chiejina built a career across banking, manufacturing and journalism, with senior roles at Zenith Bank, Oceanic Bank, Seven Up Bottling Company, African Economic Digest and African Concord—publications from the famed Concord Group that shaped a generation of African journalists. That breadth of experience continues to inform his leadership: commercially grounded, media-literate and alert to the political and economic realities that frame corporate action in emerging markets.

Quiet Authority

Anthony Chiejina’s leadership is marked by restraint. He is not a public-facing executive in the conventional sense, yet his counsel influences decisions at the highest level. In an era where reputations can be destabilised overnight, his value lies in foresight, discretion and strategic calm.

As global business becomes more exposed, more questioned and more accountable, leaders like Chiejina represent a new model of executive authority—one rooted in trust, institutional credibility and long-term thinking.

In that sense, his continued presence on the Influence 100 is not merely a personal milestone. It is a signal: that African enterprise, guided with discipline and clarity, belongs confidently at the centre of global leadership.

And in a world that increasingly confuses noise for power, Chiejina’s career offers a reminder: the most enduring influence is rarely the loudest.

Abiodun, a communications specialist, writes from Lagos

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From Convenience to Culture: How Streaming Will Shape Entertainment in Nigeria in 2026

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Streaming Will Shape Entertainment

Not too long ago, streaming in Nigeria was seen as a convenience, an alternative to traditional television, used mostly to catch up on missed shows or explore international content. Today, it has evolved into something far more ingrained. Streaming is now a culture: a daily habit that shapes conversations, influences pop culture, drives fandoms and even dictates how stories are told.

From late-night binge sessions and group watch parties to live-tweeting reality shows and football matches, streaming has become woven into how Nigerians experience entertainment. As mobile devices, smart TVs and affordable data options continue to expand access, the platform has moved from the fringes to the centre of everyday life. In 2026, this cultural shift will become even more pronounced.

Here’s what to expect as streaming continues to evolve in Nigeria and across Africa.

Value Will Define Loyalty in an Overcrowded Streaming Market: As streaming becomes mainstream, Nigerian audiences are becoming more discerning. Subscription fatigue is real, and users are no longer impressed by platforms with limited libraries or infrequent updates.

In 2026, loyalty will belong to platforms that offer sustained value, not just headline titles. This means:

  • Deep content libraries that go beyond a handful of popular shows

  • A healthy mix of live TV, sports and on-demand entertainment

  • Regular content refreshes that keep audiences engaged month after month

  • Viewers now understand value, and they will gravitate towards platforms that consistently deliver variety and relevance.

Local Stories Will Drive Cultural Relevance: Streaming has amplified the power of Nigerian storytelling, giving local productions the scale and visibility once reserved for traditional TV. Viewers are showing a clear preference for stories that feel familiar, authentic and culturally grounded.

In Nigeria, titles like Omera, Glass House, Italo, The Real Housewives of Lagos, Nigerian Idol and Big Brother Naija have become shared cultural moments, driving online conversations and real-world buzz. These shows are not just being watched; they are being experienced.

Across the continent, similar patterns are emerging, reinforcing the role of hyperlocal content in building loyalty and identity. In 2026, investment in African creators will remain central to streaming growth.

Streaming Becomes Personal and Predictive: As streaming matures, platforms will increasingly rely on AI to understand viewers on a deeper level. In 2026, Nigerian users can expect:

  • More intuitive recommendations tailored to individual tastes

  • Smarter content discovery that reduces the time spent searching

  • Interactive experiences that respond to viewer behaviour

Beyond content, AI will also enhance advertising relevance and customer support, creating a smoother, more personalised user journey.

Live Sports Will Continue to Anchor Streaming Culture: While binge-worthy series drive daily engagement, live sports remain one of streaming’s biggest cultural anchors. Football, in particular, continues to command passionate followership in Nigeria.

With the 2026 FIFA World Cup scheduled for June–July, live streaming will dominate viewing behaviour once domestic leagues conclude. Nigerian football fans demand quality, reliability and immediacy, making official platforms with full broadcast rights, such as SuperSport, essential destinations during major tournaments.

In 2026, sports will further reinforce the value of legitimate, high-quality streaming experiences.

Security Becomes Non-Negotiable: As streaming cements its cultural relevance, content protection will take on greater importance. Premium sports and entertainment remain prime targets for piracy, but the response is becoming more sophisticated.

Technologies from cybersecurity firms like Irdeto now enable real-time monitoring, rapid takedowns and legal action against illicit streaming networks. These measures protect not just platforms, but creators and the broader creative ecosystem, a critical consideration as local production continues to grow.

Innovation Makes Streaming More Inclusive: One of the most significant shifts in Nigeria’s streaming landscape is how inclusive it has become. Platforms are innovating around:

  • Flexible pricing

  • Bundled services that combine TV and streaming

  • Multi-device access, including mobile-first options

Whether premium or entry-level, users can now find options that suit their lifestyle and budget, reinforcing streaming’s position as an everyday entertainment staple.

A More Conscious Streaming Audience Emerges: As streaming culture matures, so does audience awareness. Nigerian viewers are increasingly able to identify illegal streaming platforms and understand the long-term damage piracy causes to the industry.

In 2026, conscious viewing will continue to gain ground, with users learning to avoid red flags such as “free” premium streams, unofficial apps, VPN-only access and excessive pop-up advertising.

Streaming is no longer simply about watching content, it is about belonging to moments, communities and conversations. In Nigeria, it has evolved into a cultural force that shapes how stories are told, shared and celebrated.

As 2026 unfolds, streaming will continue to thrive at the intersection of technology, culture and creativity, offering entertainment that is accessible, relevant and deeply local.

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