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Zacch Adedeji: Tackling tax evasion and illicit financial flows
By Aderonke Atoyebi
At the “National Conference on Illicit Financial Flows” held in Abuja on 22 July, Mr Zacch Adedeji, executive chairman, Federal Inland Revenue Service, spoke directly to the issue. He outlined how Nigeria’s tax system is being undermined by mispriced trade, profit shifting, aggressive avoidance schemes, and financial outflows disguised through legal and accounting loopholes. These practices, he said, are draining the country of revenue meant for core responsibilities, delaying infrastructure, weakening healthcare, stalling education, and undermining public safety.
Why does Nigeria, a country blessed with oil, gas, minerals, and millions of hardworking people, still struggle to meet its financial responsibilities? Why are public schools often in poor condition, hospitals lacking supplies, and some infrastructure projects delayed for years? Why does the government continue to borrow even when taxes are being paid, oil revenues are recorded, and businesses are making profits?
The answers are not difficult to find. They are in what experts describe as illicit financial flows. These are funds that are meant to support development within Nigeria but are quietly moved elsewhere. This happens through tax avoidance schemes, manipulated trade invoices, the use of anonymous companies, and international agreements that no longer reflect Nigeria’s current needs. This is not simply an issue of wrongdoing. It is a question of systems, of influence, and of long-standing practices that have allowed wealth to move out, while public services remain behind.
At the “National Conference on Illicit Financial Flows” held in Abuja on 22 July, Mr Zacch Adedeji, executive chairman, Federal Inland Revenue Service, spoke directly to the issue. He outlined how Nigeria’s tax system is being undermined by mispriced trade, profit shifting, aggressive avoidance schemes, and financial outflows disguised through legal and accounting loopholes. These practices, he said, are draining the country of revenue meant for core responsibilities, delaying infrastructure, weakening healthcare, stalling education, and undermining public safety.
The gathering brought together stakeholders including Mrs Doris Uzoka-Anite, minister of Industry, Trade and Investment; Irene Ovonji-Odida of the United Nations High-Level Panel on Illicit Financial Flows; and representatives of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), the Economic and Financial Crimes Commission (EFCC), Nigeria Customs Service, the Central Bank of Nigeria, and the Securities and Exchange Commission.
The Tax Boss said it as it is. He connected the loss to the consequences. What leaves Nigeria through these channels is not just money, but a lost opportunity. He reminded the room that no government can meet the needs of its people if it allows its revenue to be quietly extracted and transferred elsewhere. In pointing out the harm, he also placed responsibility not only on external actors but on institutions at home to strengthen the systems that protect national resources.
If we recall, Mr Zacch Adedeji has been active on multiple fronts. Not long ago, he inaugurated the Anti-Corruption and Transparency Unit at FIRS, working closely with ICPC to root out corruption in tax collection and ensure honesty in how revenue is gathered. This shows he is not just talking about change; he is making it happen.
The Tax Boss also made it clear that Nigeria must review its tax treaties with other countries. Many of these were signed decades ago and do not serve the country’s current interests. Some even allow companies to move profits out of Nigeria easily. He has started talks with several countries to change these deals and close the loopholes.
He spoke about data. About making sure Nigeria can see, in real time, what money is coming in, where it is going, and whether it is being properly taxed. He said it is not acceptable for the country to be blind to financial movements happening in its economy. He mentioned that FIRS is building a modern data engine that can track transactions more efficiently. This is what it means to upgrade the tools of revenue protection.
Another important point he made was about unity. He said the work of stopping illicit financial flows is not for FIRS alone. It will require the Nigeria Customs Service, the Central Bank, the EFCC, the ICPC, the Ministry of Finance, the Ministry of Trade, and even international partners. Everyone must be on the same page.
If we are paying attention, we will also remember that the FIRS now has a new directorate focused specifically on tackling illicit flows and recovering lost assets. It is called the Proceeds of Crime Management and Illicit Flows Coordination Directorate. It didn’t exist before. This is part of what the Tax Boss created to make sure the work is not just theoretical but backed by a unit with the power and capacity to act. The directorate is designed to coordinate internally and externally, especially with other law enforcement and anti-corruption agencies.
Mr Zacch Adedeji came with the voice of someone who understands that Nigeria is bleeding revenue and that this bleeding must stop. His words did not blame others. They called for action, for systems, for collaboration, and for urgent reforms that reflect the reality of our economy in 2025, not that of 1985.
The Tax Boss is not just managing a revenue agency. He is confronting a system that for years has quietly allowed the wealth of our dear nation to leak out without accountability. He is bringing the matter to the table, bringing people into the room, building structures, and facing what many before him avoided. The work is not done. Mr Zacch Adedeji is not doing guesswork. This kind of leadership is rare. It is serious, focused, and rooted in national interest.
Aderonke Atoyebi is the technical assistant on broadcast media to the executive chairman of the Federal Inland Revenue Service.
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Daughters of Dr. Charles Ononiwu, Chiamanda and Chiamaka, Launch Debut Books to Uplift Hearts Facing Life’s Struggles
Joel Ajayi
At just 18 and 20 years old, Chiamanda and Chiamaka Ononiwu — daughters of renowned Nigerian surgeon Dr. Charles Ononiwu — have achieved a remarkable milestone with the release of their debut inspirational books, Do Not Be Afraid and Waterfalls.
Their literary journey began six years ago, during the height of the global COVID-19 pandemic. While the world was engulfed in fear and uncertainty, the then 13- and 15-year-old sisters turned inward, using writing as an outlet to process their emotions, express their faith, and reach out to others with messages of hope and resilience.
What began as a quiet act of creativity blossomed into two powerful books that now serve as beacons of light for readers navigating life’s storms.
Eighteen-year-old Chiamanda Ononiwu is the author of Do Not Be Afraid. A passionate Electrical Engineering student , she is also a proud alumna of Intellichild TLC and Valedictorian of Great Blessings School, Class of 2022.
In her book, she addresses the emotional challenges many young people face and draws from her personal faith to offer guidance and encouragement.
Her elder sister, Chiamaka Ononiwu, 20, is a final-year medical student at Babcock University in Nigeria. She penned Waterfalls, a heartfelt and deeply spiritual work she describes as divinely inspired. Chiamaka views her writing as a calling — a mission to uplift souls and bring hope to those struggling with life’s challenges.
“Personally, I would say it all started with the idea of inclusion, inspired by real human experiences,” Chiamaka shared. “We’ve had conversations with people who’ve gone through difficult situations — including issues and those stories helped shape what I write today.”
She added, “It’s all about encouraging people to face life with faith. We began this journey during a dark time in the world, and I felt called to create something that could offer comfort and hope — not just locally, but globally.”
The official book launch and signing ceremony took place on Wednesday in Abuja, Nigeria’s capital, and was attended by family, friends, colleagues, and well-wishers. It was a celebration of creativity, faith, and youthful brilliance, as the sisters presented their work to an inspired audience.
Speaking at the event, Chiamaka emphasized the core message of her book: “Waterfalls reminds readers that God is always watching over His people. He doesn’t bring fear — He brings peace, hope, and love. I want readers to find comfort and assurance in that truth.”
For Chiamanda, her book is a message to young people who may feel overwhelmed by life’s pressures: “Do Not Be Afraid is especially for youth navigating difficult times. No matter how hard life gets, you can always find strength and direction in God’s word.”
Writing came naturally to both sisters. Chiamaka recalled, “Even as a child, I loved writing short stories for my siblings. When the opportunity came to publish, I knew it was time to share my message with a wider audience.”
Despite their demanding academic paths, both young women balanced their studies with writing through perseverance and faith.
Chiamanda and Chiamaka are united by a shared dream — to inspire people across the world with their writing.
Chiamaka expressed Further; “Our biggest hope is that these books will reach people who need to know that God is real, that He’s always with them, and that through Him, anything is possible,” Chiamaka said.
With Do Not Be Afraid and Waterfalls, the Ononiwu sisters have not only created literary works — they’ve created lifelines. Their voices, grounded in faith and driven by purpose, remind readers everywhere that even in the darkest moments, God’s light never fades.
Their father, Dr. Charles Ononiwu — a distinguished surgeon and deeply devoted parent — also spoke at the event, sharing the journey from his perspective.
“For me, my number one priority has always been to care for children — not just medically, but also by encouraging them academically and in the basics of life,” he said.
He recounted a moving moment with Chiamanda, who approached him with the idea of sharing her story publicly to inspire others.
“She came to me and said she wanted to talk to her peers, to share how she had been comforted, and to help them see that everything would be okay,” he recalled. “As a father, my role was to guide her. I support both of them, help activate their strengths, and provide direction.”
Dr. Ononiwu made the decision to fund the publication of their books himself, believing in the power of their message.
“I told them, ‘You have something the world needs. You can make an impact in the lives of others,’” he said. “I believe every child has a gift. It is our responsibility as parents not to dismiss them, but to help them discover and nurture their talents.”
He encouraged all parents to support their children’s creative pursuits, noting, “Every person has something special inside them — no one is without talent. It’s just a matter of looking inward, discovering that gift, and sharing it with the world.”
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