Former Vice President Atiku Abubakar on Sunday urged the Federal Government to increase taxes on the super-rich in order to raise government income as the county slides into recession, Igbere TV reports.

Atiku tweeted his idea of how Nigeria could survive recession after the National Bureau of Statistics (NBS) announced on Saturday that the nation’s GDP contracted by 3.62 per cent in the third quarter of 2020, better than its 6.10 per cent contraction in the second quarter.

Atiku said the recession could have been avoided if the Buhari administration had listened to him and others.

He called on the government to first of all scrap the 2021 budget, saying it “is no longer tenable.”

“For example, a stimulus package, in the form of monthly cash transfers of ₦5,000 to be made to every bank account holder, verified by a Bank Verification Number, whose combined total deposit in the year 2019 was lower than the annual minimum wage,” he said.

https://twitter.com/atiku/status/1330407472536952833?s=19

On how to fund the stimulus package, Igbere TV reports that Atiku suggested that a luxury tax be placed on goods and services accessible only to the extremely wealthy individuals.

“Now, how will this be funded? By more profligate borrowing? No. I propose a luxury tax on goods and services that are exclusively accessible only to the super-wealthy. A tax on the ultra wealthy to protect the extremely poor,” Atiku said.

https://twitter.com/atiku/status/1330407474831175680?s=19

The former presidential candidate also proposed a one per cent poverty alleviation tax to be legislated by the National Assembly on the profits of every international oil company and airlines operating in Nigeria, which should also go towards the Poverty Eradication Fund.

Good advice.

I also suggest Buhari should appoint athifku as the chairman of the presidential committee for this job.

Compulsorily he should then lead by example by first taxing himself. Or is he a poor man?

This does not make sense.

This same man calling to tax the super rich also have hiden offshore accounts outside Nigeria.

The same man use loopholes in the tax laws to pay very little tax.

So i don't understand what he is talking about

Good advice but would he even agree such be carried out on his finances.

Sai baba2023
No vacancy in aso rock

The obvious route should be recovery of looted funds, and draconian sentences to looters...Before Taxation

Atiku/kwankoso 2023

Former Vice President Atiku Abubakar on Sunday urged the Federal Government to increase taxes on the super-rich in order to raise government income as the county slides into recession, Igbere TV reports.

If the Federal government decides charging this same Atiku as one of the super rich Nigerian, he should not come out to cry foul.

If a good policy advice doesnt come from the mouths of the members of the evil cabal, Baba will never listen or take it. Unfortunately, no good advice can come from them

This is the the final destination of Nigeria. Those who are still hopeful that the country called Nigeria will somehow find a way out of this nebulous misery without a Bloody Revolution are in denial of the truth. Nigeria is the playground of the most wicked criminals in Politics, the home of the most cruel men in Power and the comfort zone of pathological liars.


Nigeria is founded on Lies and sustained by lies, For those who are hoping that the doom of the country will somehow be averted by routines of Elections and a change of Power either from the East, West of North. I have one word for you, Keep fooling yourselves. It will not happen.


No change of government can prevent the impending doom, Nigeria is seating on a keg of gun powder. It is a time bomb that will explode without warning. Expect the worse. Some may ask, why did i make this hard statement about the country? It is because of a better understanding. We have paddled this boat for over 50 Years and can state without mincing word, that the country's doom is hinging close


When you have a country with wicked men like Buhari, the current impostor who somehow wriggled himself into our existence after his failure in the 80s, A coup plotter who ousted a “democratically” selected Sheu Shagari and wasted opportunity by his selfish ambition for power,
A fanatic, a "nepotist" and man lacking in intelligence whose only interest in power is to through his clinging to power waste the ambition of Young people while using proxy to rule. With a man such as this, do not expect so much


A country where Babangida a corrupt element who wickedly began the downward trend of the country when he institutionalized corruption, a man who embodies everything evil in the opportunity he had to drive the ship of state, I need not tell you how this criminal who is too afraid to step outside of the country for his wickedness ruined the destiny of many citizens and hid both himself and the resources of the country in Minna, his only stop outside of Nigeria since stepping out of power is Germany because he knows that there are dossiers of his crime for which justice sleeps endlessly in Nigeria.


A country where crooks the like of Obasanjo, a Liar, a scammer and s double tongued failure who wasted eight years and sought to become the Mugabe with his third term agenda for which bribes was flying around the National assembly in a Ghana must go bags just for this selfish, power drunk criminal from Abeokuta to entrench himself , to imagine that the same Obasanjo is now being touted through a fraudulent media which they created as a Nationalist by ignorant men is a course to believe that the doomsday is just being delayed,

Obasanjo who in revenge of the failure to have a third term ambition, imposed a sick Man on the country so that the failure of the Late Yar adua will make all consider him as a better man, Men who aught to be in Jail if there was justice in the Land keep a constant presence on our conscience. The list of these failure are many, From Goodluck Jonathan under whose nose criminals became relevant, some taking solace away in foreign climes and others being jailed by the criminal in Power to Abdusalami Abubakar, the man who looted the loots after the death of a despot,


The List of these criminals are many, criminals who we call leaders who pocketed the Police and pay them Poverty wage to prevent the rage of the masses, Criminals who uses the Army to fight the citizens, these are the criminals we call leaders



Those who did not understand the history of Nigeria will confuse these criminals as Leaders, Nigeria in her 60 Years of existence has not produced a Leader, we have been very unfortunate to have profligates as Leaders, men without conscience, who sees the country as a Project site, where they loot the treasury and leave the masses worse than they met them.



The resources of the country is enough to feed the whole country, the Oil in Niger Delta, the income and revenue of the government in Tax, the proceed of Aviation, the revenue from Maritime, the huge investment from the Telecoms company, name it, the monies being generated in the country is enough to feed Nigeria, It is enough to create Business and employment fro the citizens, Nigeria is one of the richest countries in the world with Criminals overseeing the resources.

We have no reason whatsoever to Borrow money from any foreign countries, there is not reason to be indebted to China, or the Paris club.


The one reason we are constantly thrown into Debts is because we allowed myopic and incompetent buffoons to seat over the resources of the state.



The clueless criminals both past and present, Killed every infrastructure, maintained Nothing, and created no Jobs for citizens, all the industries of Government was destroyed by bad managers and no one is sentenced to Jail for stealing the resources belonging to all the citizens, the criminals licensed thievery because they themselves are thieves. They broke every Law and used their position to syphone the resources of the country into privates vaults. They had the Police to protect them, they made bribery an accepted norm.


These criminals ruined the lives of the Youths, they made no provision for the growing Youth of the country, Nigerian Youths have the most brilliant and the most talented people across the continent of Africa, who needed little motivation to tap into the wealth of natural endowment deposited in them,

But these criminals we called Leader, weaponized Poverty, created a system where parents cannot fend for themselves of compelled to struggle unaided by the government and demoralized the Younger generation. In recent times, It was so shocking to hear of Young people committing suicide, because they got to their extremities and saw no hope in the social condition imposed on them by the criminals we called Leaders



There are lots of untapped skills in the growing population of Nigeria, who hoped on the society to harness their innate gifts but was left unattended, Young people gets out of school disappointed by the society they call home and have had to look to foreign climes where they are subjected to all forms of abuse and disgrace for survival. This is only because wicked criminals made the country's resources their inheritance and seats in power without a clue. Several young people for the failure of these dinosaurs who recycled themselves into power promising a haven of relief which they all disallowed by their tyranny against the masses, through the Police and the army. These wicked Criminals postponed the evil day which is imminent

They witnessed a taste of it in the October #ENDSARS agitation, which they quelled by the guns and are struggling to deny by lies



The Last time we were out in unanimity against a wicked government was during the Brutal reign of the Evil Genus called Babangida and this was the collective protest organized without social media in all the the southern Universities of the Country, It was during one of this protest i propounded the



Theory of Blood, Fire, and Water.



The Blood representing a total Revolution that will see an end to the injustices by these wicked unrepentant dinosaurs, A revolution that will go after the known criminals who ruined us, irrespective of their tribe, religion and affiliations, a revolution that will be deadly, It will spill the Blood of these wicked monsters who prevented the development of the country, men who made us a shame of the whole wide world., men for whose clueless reign and failure one country can regard us as a shithole, we will go after their properties, the ones built from the proceed of corruption, the things by which they differentiate themselves from the other citizens, wicked men who prior to their part in politic are paupers but stole the country so blind and build mansions for themselves and all their generation yet unborn. It will be worse for these men and their offspring who we know. Their Police should be ready, they will soon realize that the Power of the masses is more than the few men hired to protect oppressors.



During the #ENDSARS movement, we saw Police begging for their lives, some took to their heels when the people said enough is enough, This is what happen when the oppressor pushes the masses to their extremities as has been done by the profligates we called Leaders. Some of them are getting old and dying but they should be aware that all the proceed of corruption which they erected for their bastard children will become monument for the museum when the masses take over their loots.



This is a notice to all those who ruined the country from Gowon to the current criminal who is currently looting the country and annexing the North to Niger and is taking a unilateral decision as a dictator that he is to sign a pact with Niger to export crude oil from Nigeria and export the bi-product back to Nigeria, an embarrassing disgrace into which they have consistently wickedly thrown the country into. If this is the Buhari that we knew in 1983 and not the one from Chad or Sudan, we will make him pay for this unilateral foolishness and all the proceeds and resources stolen to build an empire for themselves will be retrieved in a bloody revolution soon to come.


Then Fire, the fire will be the rage of the masses for and the resolve to take back what has been stolen by these failures, it will be the retribution for the wicked, they will be unable to escape as this will be the day of reckoning and the rage of the masses. For those of them who think we are a docile people and have continually ruined the country and gifted themselves all the land and properties from the failure into which the plunged us into by plundering, They will have a time to mourn and regret if they are alive to tell the story. It will happen. Even it it does not happen in my day, It will sure happen and the oppressors should reflect on what their starched ill gotten wealth will become whether dead or alive, all the monies thy looted in bringing Telecommunication, all the Bribe collected by the likes of Dina Melaye who should be stoned like many of the criminals in the useless senate and all their arrogance by which they insulted us, they will loose it when the fire rage across this country


It then we can have water, the cleansing that will begin the rebirth of a nation, if we do not go our separate ways which is likely to happen after the revolution.

This will be the destination of the lie we called a country

an this is a memo to the oppressor and all their military and Police who revel in corruption and are silenced by the misery money they called salary by which they turned on the masses

https://atarifaya..com/2020/11/blood-fire-and-water-imminent.html

thebosstrevor1:
This does not make sense.

This same man calling to tax the super rich also have hiden offshore accounts outside Nigeria.

The same man use loopholes in the tax laws to pay very little tax.

So i don't understand what he is talking about

?

Buhari till 2050

We must get sense by force

Jubril has develop ear infection

Bedside I don't fully agree with HE Atiku on this

This government is wicked.

Hmm.....
Story that touches the clit
Atiku is american talking as if he's any better
Yeye dey smell
Me I'm just passing by

Taxes never save the poor. It only encourages more wasteful government spending.

What we need. Lower prices of necessary commodities by deprioritising revenue generation from customs. This should be done in areas where sizeable local manufacture is impracticable within the short term.

Do whatever you can to slash inflation rate to below 7%.

Total cut down of wasteful financial cost of governance.

Careful transit expensive socialist programmes to sustainable and self reliant ones.

Interesting!

The end is near

We are in the perilous times

Let's prepare for the end times

You're all the same. CLUELESS

It's just as good that you aren't elected.

So these are the clueless rules you'll also be promulgating if you are to be the president.

Sometimes, i do wonder what went amiss with most of our older generation.

Pathetically foolish

thebosstrevor1:
This does not make sense.

This same man calling to tax the super rich also have hiden offshore accounts outside Nigeria.

The same man use loopholes in the tax laws to pay very little tax.

So i don't understand what he is talking about

Buhari Zombie.... Another cow

You mean punish the rich by stealing from them and giving to poor people.

nice

Well said. It's high time the super rich gives back to the poor

Umu ogbenye ata gbugo onwe ha na ahuhu bikonu

Their head de always correct from outside field. Once you elect them like this? Brain will just disappear into thin air.