New tariffs and new taxation can only be justified when the economic situation in Nigeria improves. Otherwise, they will compound an already bad situation for the average Nigerian. Nigeria is not Lagos... The majority of poor Nigerians can not bear the burden of recovery due to the reckless behavior of a few....
The burden of recovery MUST be borne by those who have benefited from the largess of the past - rich Nigerians, corporations who make so much - oil companies, Banks, organizations like the telecom companies... They MUST pay their fair share... Entertainers - many Nigerian celebrities (musicians, actors, creative artists, etc.) do not pay a dim in tax/ pay the bare minimum, and they rake in millions/billions every year in local and foreign earnings. The likes of Burna Boy, Davido, Charlie Boy, P-Square, Dbanj, Tiwa, Funke Akindele, Arya Starr, Don Jazzy, Rema, Asake, Wizkid, Toyin Abraham, Mofe-Damijo, Kunle Afolayan with all his Netflix millions, etc. It is high time Nigeria started to tax preachers who collect special offerings from their members aside from their salary. Preachers who make millions in selling merchandise and spiritual supplies to their members need to pay tax - VAT and investment income. Many rich Nigerians dodge paying their taxes because there is no effective way to monitor, catch, and punish defaulters. With NIN, it should be easy to catch those not paying their dues. Tax codes in Nigeria need overhauling to reflect our current situation and what works for... that is, what will not put an unnecessary burden on poor Nigerians... Nigerians who could choose to have breakfast in Abuja, lunch in London, and dinner in Abu Dabi should pay their fair share.
These are the people that need to be taxed. It should not be Iya Ramota alata in Sabo, or Hajia Amina the onion seller, or Chioma the farmer that should be pressured to pay more in taxes and tariffs.
I quote the father of nukes himself, Albert Einstein , “ Mankind invented the atomic bomb , but no mouse would ever construct a mousetrap ”… No nation should have nukes. If some would, then any nation who want should be able to… current situation creates a power imbalance because those who have it are seen as extremely powerful, and those who don’t are extremely weak nations… Here is a list of nations with nukes – declared and undeclared: U.S., China, Russia, Pakistan, India, France, UK, Israel, and North Korea . These countries host nukes from other countries – Germany , Italy , Türkiye , Belgium , Netherlands and Belarus … Many of USSR ’s former regions like Ukraine and Kazakhstan had nukes, and were tricked to give them up, a decision they all regret today. It is known that Japan , though do not have nukes, have capabilities to develop and launch them within a short time, even from the space. Why can’t other nations have nukes? Ownership of nukes is why Iran is holding the...
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