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Nigeria's Tax System and Tech Role

by Fred Nwaozor Nigeria’s tax system is a critical instrument for revenue generation, economic regulation, and national development. Anchored on a federal structure, taxation powers are shared among the federal, state, and local governments. This multi-tiered arrangement ensures that each level of government has constitutionally defined sources of revenue, though it also introduces complexities in coordination and administration. At the federal level, agencies such as the Nigeria Revenue Service (NRS), formerly known as Federal Inland Revenue Service (FIRS), oversee the collection of major taxes including Companies Income Tax, Value Added Tax (VAT), and Petroleum Profits Tax. State governments, through their respective Internal Revenue Services, primarily handle Personal Income Tax and certain levies, while local governments focus on rates and minor taxes such as market and motor park fees. The legal framework guiding taxation in Nigeria includes statutes like the Compa...

BREAKING: Death Toll Rises to 78 in Texas Flooding, as Trump plans Visit

By Rufus Okoro

The death toll from catastrophic floods in Texas increased to 78 on Sunday, July 6, 2025.

The victims included 28 children as the search for girls missing from a summer camp continued and fears of more flooding prompted evacuations of volunteer responders.

The sheriff of Kerr County in Texas Hill Country, Larry Leitha, said 68 people had died in flooding in his county, the epicenter of the flooding, among them were 28 children.

The Texas Governor, Greg Abbott, speaking at a press conference on Sunday afternoon, said another 10 had died elsewhere in Texas and confirmed 41 were missing.

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UPDATE: More Casualties recorded in Texas Flooding

Meanwhile, the United States' President, Donald Trump, had earlier sent his condolences to the victims and said he would probably visit the area on Friday.

It was reported that Trump’s administration had been in touch with Gov. Abbott.

“It’s a horrible thing that took place, absolutely horrible. So we say, God bless all of the people that have gone through so much, and God bless, God bless the state of Texas,” the governor told reporters as he left New Jersey.

Among the most devastating impacts of the flooding reportedly occurred at Camp Mystic summer camp, a nearly century-old Christian girls camp where 10 Camp Mystic campers and one counselor were still missing.