Nigeria Struggles to Maximize Revenue Beyond Taxes, Calls for Better Wealth Source Management

The article delves into Nigeria's struggle to optimize revenue generation beyond taxes, emphasizing the mismanagement of existing wealth sources. Ugo Inyama highlights the need for better revenue collection from sectors like trade, oil and gas, mining, and power to bolster the economy.

The piece underscores the importance of enforcing existing rules, improving transparency, and enhancing accountability in revenue management. Nigeria's heavy reliance on petroleum revenue is deemed unsustainable, with a call for diversification and efficient revenue utilization to address fiscal challenges effectively.