ITR Global Tax 50 2022: Zainab Ahmed
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ITR Global Tax 50 2022: Zainab Ahmed

Minister of finance, budget and national planning, Nigeria

Zainab Ahmed.jpg

As finance minister, Zainab Ahmed presided over Nigeria’s economic response to COVID-19. She now plays a key role in the country’s economic recovery plan and efforts to reduce the national debt by bolstering tax collection.

The Nigerian government increased the VAT rate from 5% to 7.5% and Ahmed has focused on preventing ‘leakage’ from the tax system and cutting spending.

As Ahmed told a tax workshop at the Economic Community of West African States in October: “If we have more taxes and redirect the taxes to the right fiscal sectors of our economy, we will reduce our debt burden.

“It is not as if the debt is beyond what the government can handle,” she added. “If you look at the ratio of the debt to the gross domestic product [GDP], I think the government is doing well.”

Nigeria faces a high level of debt and tough demands from credit rating agencies. Raising taxes and sealing leakages is one strategy for fiscal consolidation.

But this strategy comes with its own problems.

The Nigerian government could reduce the debt, but this could come at the cost of the economic recovery. COVID-19 hit Nigeria’s GDP growth rate hard and millions more people have been pushed into poverty. In short, Ahmed’s job isn’t getting any easier.

Global Tax 50 2022

Breaking down the entire 50 individually according to the impact they made would require too granular an approach. Each entry is in alphabetical order as part of categories, i.e. individuals, to make it simpler to navigate.

Industry figures
Tax authorities
Public officials
Noteworthy individuals
Vice president of global transfer pricing and tax disputes, Johnson & Johnson
Chair of tax policy group, BusinessEurope
Director and head of international tax for Meta Latin America
Head of transfer pricing, AstraZeneca
Executive vice president of global tax and treasury, Unilever
Global head of tax, Siemens
Chair of the taxation committee, USCIB
Chair of the tax committee at BIAC
Commissioner of the Canada Revenue Agency
Commissioner of SARS
Minister of Revenue, New Zealand
Former IRS commissioner
Commissioner of the State Tax Administration
Executive secretary of ATAF
Director of direct taxation, coordination, economic analysis and evaluation, European Commission
Minister of finance, budget and national planning, Nigeria
US president
Departing president of Brazil
Secretariat of the economy, Mexico
Acting Head of the Tax Policy and Statistics Division, OECD
Co-chairs of the UN Committee of Experts on International Cooperation in Tax Matters (UN Tax Committee)
Commissioner for the economy, European Commission
Minister of finance, Indonesia
Head of TIWB secretariat
Prime minister of Japan
US senators
Director-general of the Public Debt Management Office, Thai Ministry of Finance
Chair of the House Ways & Means Committee
Director of the OECD’s Centre for Tax Policy and Administration
Head of the GloBE unit, OECD
President of Colombia
Acting deputy director of the Centre for Tax Policy and Administration, OECD
Former director of the Centre for Tax Policy and Administration, OECD
Lord of Kingswood, UK
Minister of finance and corporate affairs, India
UK prime minister and chancellor of the exchequer
Chair of the Senate Finance Committee
Secretary of the US Treasury
CEO and global chairman, EY
Tax attorney, blogger and podcaster, Taxgirl
Former Uber lobbyist
Director of Tax Research UK
Director of Tax Policy Associates
CEO of Opportunity Green
Chief executive of Tax Justice Network
Acting director of TaxWatch
Former responsible tax lead at PIRC
Chief executive of Fair Tax Foundation
Director of the ICIJ
Principal analyst for CICTAR
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