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Diversifying the Nigerian Government’s Revenue Base

May 8, 2015 @ 9:30 AM - 1:30 PM


BudgIT believes governments must adapt and protect economies from the vagaries of finite commodities; this symposium sets out to start a series of deliberations on how the incoming government can diversify Nigeria’s revenue base to deliver on majority of its campaign promises – one of the strongest advocacy points on which BudgIT was founded. Panel discussions will appraise the current capacity and structure of Nigeria’s economy, with the aim of revealing existing and new revenue streams, as well as the structural changes needed to efficiently maintain these revenue streams in line with best practices. This will be the anchor driving BudgIT’s advocacy going forward.

Our focus for this conference is to examine (and document) in detail how Nigeria can substantially improve her overall economic competitiveness, expand her non-oil revenue base, identify strategic sectors for investment, and enshrine a more efficient approach in the collection of taxes and government dues. We also expect to ensure our esteemed panelists and audience give prominence to deliberations geared at unearthing all macro-economic factors necessary for a thriving economy, one which tangibly weans itself from Oil and moves beyond repeating mantras about diversifying the economy. BudgIT expects to hold two discussion points in panel sessions at the event.

1. Reviewing The Structure and Capacity Of the Nigerian Economy for Improved Government Revenue

2. Expanding Nigeria’s Revenue Base and Developing Strategies for Efficiency and Transparency.

We expect to have in attendance distinguished financial experts from the public and private sector, as well as international development partners.

Keynote Speech:

Prof Charles Soludo – Former Governor, Central Bank of Nigeria


1. Dr. Yemi Kale – CEO/Statistician General of the Federation, Nigerian Bureau of Statistics.

2. Prof. Doyin Salami – Member, CBN Monetary Policy Committee.

3. Olufemi Awoyemi – CEO, Proshare.

4. Ifeuko Omoigui-Okauru – Former DG, Federal Inland Revenue Service.

5. Yvonne Ike – Managing Director, Renaisance Capital

6. Prof. Pat Utomi – Director, Lagos Business School.

7. Vincent Nwani – Director of Research and Advocacy, Lagos Chamber of Commerce and Industry

8. Taiwo Oyedele – Partner, Tax and Regulatory Services, PricewaterCoopers LLP.


Dr. Ayo Teriba – MD/CEO, Economics Associates

All guests must be seated at 9:30am

BudgIT is a civic startup driven to make the Nigerian budget and public data more understandable and accessible across every literacy span. BudgIT’s innovation within the public circle comes with a creative use of government data by either presenting these in simple tweets, interactive formats or infographic displays. We have a goal to use creative technology to intersect civic engagement and institutional reform.