The African Democratic Congress (ADC) is urging the Federal Government to make public the details of a recent agreement on digital tax reform and revenue administration signed between the Federal Inland Revenue Service (FIRS) and the Government of France. The party’s National Publicity Secretary, Bolaji Abdullahi, expressed concerns that the agreement may compromise Nigeria’s data security and expose sensitive economic information to foreign exploitation.

The ADC has reviewed expert opinions on the agreement and is seeking clarification on the benefits of the deal for Nigeria. The party notes that while the FIRS has outlined the potential benefits for Nigeria, it has not disclosed what France stands to gain from the agreement. This lack of transparency has raised questions about the government’s decision to enter into the agreement without public disclosure or consultation with the National Assembly.

The ADC is also concerned about the broader implications of the agreement, given France’s influence in West Africa and the region’s growing trend of loosening ties with the country. The party questions why the Nigerian government would prioritize a foreign partnership over local capacities, particularly in the provision of services. Nigeria’s local content policy aims to promote domestic industries and reduce capital flight, but the ADC argues that this agreement may undermine these efforts.

The party is calling for the full publication of the agreement, a proper briefing of the National Assembly, and an independent assessment of its implications for data security, cybersecurity, and national sovereignty. The ADC believes that the details of the agreement should be made public to ensure transparency and accountability.

The Federal Government’s decision to sign the agreement has sparked concerns about the potential risks and benefits for Nigeria. As the country navigates its economic and diplomatic relationships, it is essential to prioritize transparency and accountability in such agreements. The ADC’s demands for greater transparency and scrutiny of the agreement reflect the need for careful consideration of the potential implications for Nigeria’s economic and national security.