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  • 14-March-2016

    English

    New Global Forum peer reviews highlight ever-increasing compliance with tax transparency standards

    The world’s leading forum on tax transparency published 10 new peer review reports today, pointing to ever-increasing compliance with the internationally-recognised standards to curb tax evasion through the exchange of information.

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  • 14-March-2016

    English

    Global Forum on Transparency and Exchange of Information for Tax Purposes Peer Reviews: Nigeria 2016 - Phase 2: Implementation of the Standard in Practice

    This report contains the 2014 'Phase 2: Implementation of the Standards in Practice' Global Forum review of Nigeria. The Global Forum on Transparency and Exchange of Information for Tax Purposes is the multilateral framework within which work in the area of tax transparency and exchange of information is carried out by over 130 jurisdictions which participate in the work of the Global Forum on an equal footing. The Global Forum is charged with in-depth monitoring and peer review of the implementation of the standards of transparency and exchange of information for tax purposes. These standards are primarily reflected in the 2002 OECD Model Agreement on Exchange of Information on Tax Matters and its commentary, and in Article 26 of the OECD Model Tax Convention on Income and on Capital and its commentary as updated in 2004, which has been incorporated in the UN Model Tax Convention. The standards provide for international exchange on request of foreseeably relevant information for the administration or enforcement of the domestic tax laws of a requesting party. 'Fishing expeditions' are not authorised, but all foreseeably relevant information must be provided, including bank information and information held by fiduciaries, regardless of the existence of a domestic tax interest or the application of a dual criminality standard. All members of the Global Forum, as well as jurisdictions identified by the Global Forum as relevant to its work, are being reviewed. This process is undertaken in two phases. Phase 1 reviews assess the quality of a jurisdiction’s legal and regulatory framework for the exchange of information, while Phase 2 reviews look at the practical implementation of that framework. Some Global Forum members are undergoing combined – Phase 1 plus Phase 2 – reviews. The ultimate goal is to help jurisdictions to effectively implement the international standards of transparency and exchange of information for tax purposes.
  • 6-January-2016

    English, PDF, 1,832kb

    Internet: West Africans are going mobile but many are still offline

    Despite the huge progress, Africa remains the least-connected continent. Africa’s broadband household penetration accounted for 15.4% in 2015, far behind the worldwide average of 52.3% (Asia and the Pacific - 46.4%; The Americas - 64.4%; and Europe - 84%). When it comes to individual Internet usage, Nigeria was the best-performing West African country in 2015, with almost one out of two Nigerians connected.

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  • 6-January-2016

    English, PDF, 7,048kb

    Eight million people in northern Nigeria facing acute food insecurity

    The October 2016 analysis of the Cadre harmonisé expands its coverage to include for the first time 16 out of 36 states, almost half of Nigeria. In these states, some eight million people are currently facing acute food insecurity (phases 3-5, October-December 2016).

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  • 6-January-2016

    English, PDF, 2,902kb

    One out of three people in northeastern Nigeria faced with acute food insecurity

    According to the findings of the Cadre harmonisé analysis of August 2016, some 4.4 million people in northeastern Nigeria were facing acute food insecurity (phases 3-5) requiring urgent humanitarian assistance. In the worst affected and less accessible pockets of Borno state, nearly 60 000 people face the threat of famine (phase 5).

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  • 31-December-2015

    English, PDF, 1,694kb

    Nigeria's presidential elections

    On 28-29 March 2015, Africa’s most populous country and number 1 economy organises peaceful elections, which were internationally recognised as “free and fair” and led to the first democratic transition in Nigeria’s history. The election results seem to show that the role of ethnic, religious and geographic factors is gradually shrinking.

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  • 21-May-2015

    English

    Investment policy reform in Nigeria

    This Investment Policy Review examines Nigeria's achievements in developing an open and transparent investment regime and its efforts to reduce restrictions on international investment.

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  • 21-May-2015

    English

    OECD Investment Policy Reviews: Nigeria 2015

    Since the return to democracy in 1999, Nigeria has embarked upon an ambitious reform programme towards greater economic openness and liberalisation. As a result, gross domestic product growth picked up consistently, never going below 5% since 2003. Nigeria has become a top recipient of foreign direct investment in Africa, with inflows having surpassed those to South Africa since 2009. The federal government’s Transformation Agenda recognises private sector development as the main engine for economic growth and includes bold investment reforms. Growth has however not yet been translated into inclusive development and the investment climate still suffers from severe challenges. This Investment Policy Review examines Nigeria’s investment policies in light of the OECD Policy Framework for Investment (PFI), a tool to mobilise investment in support of economic growth and sustainable development. It provides an assessment and policy recommendations on different areas of the PFI: investment policy; investment promotion and facilitation; trade policy; infrastructure investment; competition; corporate governance and financial sector development. It also includes a special chapter analysing the PFI in Lagos State. The Review follows on the request addressed by the Minister of Industry, Trade and Investment of Nigeria to the OECD Secretary-General in December 2011. It has been prepared in close co-operation with the Federal Government of Nigeria and Lagos State Government.
  • 23-April-2015

    English, PDF, 276kb

    Policy Note on Participation of Developing Countries in Global Value Chains

    4-page policy note detailing the key results and recommendations from OECD Trade Policy Paper 179 on the Participation of Developing Countries in Global Value Chains.

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  • 23-April-2015

    English, PDF, 711kb

    Summary Paper of Report on Participation of Developing countries in Global Value Chains

    24-page summary paper of the OECD trade policy paper #179 on participation of developing countries in global value chains available on the OECD iLibrary.

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