Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,166,626 members, 7,865,521 topics. Date: Wednesday, 19 June 2024 at 07:44 PM

Dr. Akinwumi Adesina, African Development Bank’s President, On The Tax Burden On - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Dr. Akinwumi Adesina, African Development Bank’s President, On The Tax Burden On (126 Views)

President Bola Tinubu Signs Executive Orders To Ease Tax Burden On Businesses / Adesina: African Lender Agrees On Independent Probe Of AfDB President / Forbes Africa Names Akinwumi A. Adesina African Of The Year (2) (3) (4)

(1) (Reply) (Go Down)

Dr. Akinwumi Adesina, African Development Bank’s President, On The Tax Burden On by pafra(m): 3:56pm On May 15
Dr. Akinwumi Adesina, African Development Bank’s president, on the tax burden on Nigerians:

“Nigerians pay one of the highest implicit tax rates in the world — way higher than developed countries. Think of it, they provide electricity for themselves via generators; they repair roads to their neighborhoods, if they can afford to; there are no social security systems; they provide security for their own safety; and they provide boreholes for drinking water with their own monies.”
Re: Dr. Akinwumi Adesina, African Development Bank’s President, On The Tax Burden On by Righthussle: 3:57pm On May 15
Nigeria na punishment ground for people wey wicked when them come this world before.

1 Like

Re: Dr. Akinwumi Adesina, African Development Bank’s President, On The Tax Burden On by Racoon(m): 4:02pm On May 15
“No nation ever grew more prosperous by taxing its citizens beyond their capacity to pay.” - former British Prime Minister Margaret Thatcher
IGR via neck constricting taxation does not reflect the economic prosperity of a nation. It is just economic slavery and damnation. Government should cut down the cost of governance, block all loopholes of looting including budget padding, strong punishment against indicted corrupt fellas, and strengthening the anti-graft agencies.

1 Like

Re: Dr. Akinwumi Adesina, African Development Bank’s President, On The Tax Burden On by CodeTemplar: 4:47pm On May 15
That's why I asked the Idan(stars) crew encountering their Idanwo(trials) to do away with unproductive subsidies alone but hold on to productive ones. USA just taxed chinese imports extra to level up the playing field because china was subsidising to delibrately flood western markets.
Our courtroom debaters will try to make us believe subsidy as a concept is evil. It is when done wrong or with corruption it becomes a burden.
Re: Dr. Akinwumi Adesina, African Development Bank’s President, On The Tax Burden On by pafra(m): 6:09pm On May 15
pafra:
Dr. Akinwumi Adesina, African Development Bank’s president, on the tax burden on Nigerians:

“Nigerians pay one of the highest implicit tax rates in the world — way higher than developed countries. Think of it, they provide electricity for themselves via generators; they repair roads to their neighborhoods, if they can afford to; there are no social security systems; they provide security for their own safety; and they provide boreholes for drinking water with their own monies.”

(1) (Reply)

2025: I Will Personally Ensure Soludo Gets Second Term -- Igwe Akwaeze / Terrorism Reduced In Nigeria Since Russia/ukraine War Started / Benue Assembly Passes Youth Development Bill Into Law

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 11
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.