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Nigeria, Revenue Poverty And Taxation Atrophy -By Abiodun Komolafe – Opinion Nigeria

As things stand, Nigeria is in dire need of goals-targeted and goals-delivered leadership. So, let our leaders swallow their pride and make Nigeria work. Promises of a better tomorrow for dear country are sweet words to the ears but let them push narratives and characterizations that can first and foremost help put food on the table of the masses. Let the government evaluate the people’s needs with a view to putting in place lifesaving programmes.

Nigeria, revenue poverty and taxation atrophy

Nigeria, revenue poverty and taxation atrophy
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Nigeria, revenue poverty and taxation atrophy - The Nation Newspaper

Nigeria, revenue poverty and taxation atrophy - The Nation Newspaper
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Nigeria, revenue poverty and taxation atrophy, by Abiodun Komolafe

Simple Economics: economic activities breed taxation while taxation without representation is problematic. Generally, the mission of governments is revenue generation which practically translates to poverty on the people’s part. Impliedly, there’s poverty of revenue but taxation schemes are a-plenty. Why? While taxation is multiplying itself, revenue assurances are shrinking. So, it is more or less a case of revenue nowhere and it is a problem for the state because the state is supposed to be a basket of revenue whereas it is atrophying.

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