HomeOthersClassifiedNigeria’s Sovereignty At Risk In FIRS, Tax Pact — ADC

Nigeria’s Sovereignty At Risk In FIRS, Tax Pact — ADC

African Demo­cratic Congress (ADC) has fault­ed the recently unveiled digital tax agreement between Nigeria and France, warning that the pact, rather than strengthening Nigeria’s fiscal system, could undermine national sovereignty, compromise data security and deepen foreign control over sen­sitive economic information.

While acknowledging the need to modernise Nigeria’s tax architecture, the opposition party said the secrecy surrounding the agreement raises red flags that cannot be ignored. It insisted that reforms meant to improve revenue generation must not be pursued at the expense of trans­parency, accountability and na­tional interest.

ADC, in a statement on Sun­day in Abuja by its National Pub­licity Secretary, Mallam Bolaji Abdullahi, demanded the imme­diate publication of the full terms of the agreement or its outright termination.

According to the ADC, expert assessments of the deal, signed by the Federal Inland Revenue Ser­vice (FIRS) on behalf of the Bola Ahmed Tinubu administration with the government of France, have pointed to serious dangers inherent in the arrangement.

“The ADC has carefully re­viewed expert opinions on the recent agreement on digital tax reform and revenue administra­tion signed by the Federal Inland Revenue Service (FIRS), on be­half of the Bola Ahmed Tinubu administration, with the govern­ment of France.

“Quite significantly, we note the overwhelming concern that the agreement potentially endan­gers Nigeria’s data security and exposes strategic national eco­nomic information to foreign ex­ploitation. Attempts by the FIRS to explain these concerns away have failed to convince anyone that the agreement was done in the nation’s best interest, especial­ly given the manner in which it was hurriedly and secretly pack­aged,” the party stated.

The ADC argued that taxa­tion is fundamentally a business transaction that must be guided by mutual benefit and openness, noting that Nigerians have been left in the dark about what France stands to gain from the deal.

“Tax matters are about busi­ness, not charity. In entering into this business agreement, the FIRS has told us what Nige­ria stands to benefit. However, it has failed to tell us what France stands to benefit from this deal. Why did the Federal Government of Nigeria enter into a serious agreement such as this, which potentially infringes on national security and sovereignty, without public disclosure of its full terms, without open engagement with the National Assembly, and with­out any meaningful effort to carry Nigerians along?” ADC queried.

Beyond the technical con­cerns, the party said the agree­ment must also be viewed within the wider geopolitical dynamics unfolding across West Africa, where French influence is in­creasingly being resisted.

“More fundamentally, we can­not ignore the broader political context of this agreement. Across West Africa, France’s role and influence are being openly ques­tioned. Former French colonies are loosening or severing their neo-colonial ties with the country. Yet, under the Bola Tinubu ad­ministration, Nigeria appears to have become more Francophone than the French,” it said.

 

The ADC further questioned why the Federal Government would sideline Nigeria’s local expertise in favour of foreign in­volvement, especially in a sector where competent Nigerian pro­fessionals abound.

“Nigeria’s local content pol­icy was designed to encourage the development of national human capital and to reduce capital flight by promoting do­mestic industries, especially in the provision of services. With the plethora of competent and globally acclaimed national ser­vice providers in this sector, why does President Tinubu prefer to promote his French connection rather than local capacities?” the party asked.

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