General Government Money News

We must tax the rich mercilessly – Aregbesola

Minister of Interior, Ogbeni Rauf Aregbesola, has said the rich Nigerians should be taxed and the money used to benefit of the poor.
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He made the statement at an event to celebrate the 70th birthday of former Governor of Oyo State Abiola Ajimobi
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The event featured a round table discussion, which held at the International Conference Centre, University of Ibadan.
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Dr Ayo Olukotun of the Department of Political Science, Olabisi Onabanjo University, presented a paper on: Managing the dynamics of Nigeria’s advancement: The social-economic perspectives.
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Mr. Aregbesola, who was one of the discussants, said one of the best ways to addressing the challenges confronting the country is to tax the privileged rich Nigerians and use the money to create wealth to help the poor. .
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“We must mercilessly tax the rich, if we are to cure the problem of poverty. We have two contending forces, the poor and the privileged rich. The rich have no problem, they are comfortable. .
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The problem is the poor and they are in the majority. And the point is if the rich failed to address this problem, the comfort of the rich will be taken away, so they must release much of their money to help the poor,” he said.

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