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Despite High Taxes, Nigerians Provide Water, Electricity, Others For Themselves – Adesina
['Nwa Diokpa']
Government Buz | African Examiner
Despite High Taxes, Nigerians Provide Water, Electricity, Others For Themselves – Adesina(AFRICAN EXAMINER) – President of the African Development Bank, AfDB, Akinwumi Adesina, has kicked at the situation where Nigerians pay high taxes and still provide basic infrastructure for themselves.
The former Nigeria’s minister of agriculture disclosed this on Thursday at the first national tax dialogue organized by the Federal Inland Revenue Services (FIRS).
Adesina satted that Nigerians were among the top implicit tax payers in the world saying that Implicit taxes are levies that are borne but not seen nor recorded.
He stated that Nigerians provide electricity, road, security, water, among others, for themselves.
He said: “Truth be told, Nigerians pay one of the highest implicit tax rates in the world — way higher than developed countries.
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