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Nigerian lawmakers transfer to grant NBS monetary autonomy, plan Nationwide Tax Belief Fund 

The Nationwide Bureau of Statistics (NBS) might quickly achieve monetary autonomy as lawmakers push for reforms to strengthen the company’s independence and enhance the credibility of nationwide knowledge.

The Chairman of the Home Committee on Nationwide Planning, Rep. Gboyega Isiaka, disclosed this in Abuja on Friday whereas receiving a delegation from the Liberian Home of Representatives on a bilateral trade go to.

He defined that the committee’s precedence is to ensure ample funding, transparency, and public confidence within the statistics generated by NBS for Nigeria’s improvement planning.

Push for brand new funding mannequin 

Isiaka revealed {that a} key reform into account is the institution of a Nationwide Tax Belief Fund, which can permit stakeholders that profit from NBS knowledge, equivalent to authorities businesses, improvement companions, and personal sector gamers, to contribute in direction of securing sustainable and dependable funding.

  • The lawmaker added that the brand new laws would empower the bureau to gather knowledge straight from non-public sector entities, a transfer he stated would broaden NBS’s protection and reliability.
  • He harassed that monetary autonomy was essential if the company was to ship well timed and reliable statistics with out being constrained by budgetary delays.
  • Based on Isiaka, the prevailing NBS Act, which was initially enacted in 1957 and final amended in 2007, has change into outdated, leaving loopholes and funding gaps that weaken the bureau’s effectiveness.
  • The reform invoice, which has already handed First Studying on the Home of Representatives, seeks to overtake the framework by which the bureau operates.

“The invoice goals to boost NBS independence, particularly in funding, shifting past reliance on authorities price range allocations,” Isiaka stated, noting that the Nationwide Technique for Developmental Statistics 2024–2028 assigns larger tasks to the bureau.

Liberia seems to Nigeria for classes 

The Liberian delegation, led by Rep. Mike Jurry, Chairman of the Methods, Means, and Finance Committee, recommended Nigeria’s progress in strengthening its statistical infrastructure.

Jurry stated Liberia, with a inhabitants of about 5.2 million, was desperate to be taught from Nigeria’s expertise in managing knowledge for a inhabitants exceeding 200 million.

Nigeria’s Statistician-Normal, Semiu Adeniran, additionally briefed the visiting lawmakers on latest improvements at NBS and the function of Nigeria’s Nationwide Planning Committee in pushing reforms.

Adeniran stated the trade was invaluable in fostering collaboration on statistical laws and knowledge high quality throughout each international locations.

What it’s best to know 

Earlier this yr, the Federal Authorities reaffirmed its dedication to sustaining the independence of the Nationwide Bureau of Statistics (NBS), assuring that the company would proceed to function with out interference whereas offering dependable socio-economic knowledge for nationwide improvement.

Minister of Finances and Financial Planning, Sen. Abubakar Bagudu, gave the reassurance throughout a courtesy go to by a World Bank delegation led by Nation Director Ndiame Diop and Apply Supervisor for West and Central Africa, Mr. Johan Mistiaen.

Whereas Senator Bagudu recommended the NBS for its constant monitor file of manufacturing credible and well timed statistical stories, some analysts have argued that the present NBS is shedding its credibility.


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