In the last five years, Anambra state government has increased taxes levied on small scale businesses, causing discomfort to SME owners.
For decades, the Federal Government has monopolized the Power and Railways sector and limited state governments’ ability to provide stable electricity and efficient transportation systems to their citizens.
The cost of fuel subsidy is particularly acute in times of economic downturn when the government’s revenue is already under strain.
Our Gross Domestic Product cannot grow when people are using their productive time to queue for long hours in banks.
Although Nigeria’s decline is real, the country still has areas that can be exploited to boost overall productivity and development.
The development has shown that people in authority are undisturbed about the adverse effects of their policies on the masses.
Nigeria’s long walk to economic prosperity is for her government to stop doing and start undoing — to reduce taxes and stop meddling in people’s businesses.
The policy could be implemented in a way that does not disproportionately affect those who are already struggling to survive.
One of the fundamental causes of poverty includes structural problems due to wrong fiscal and economic policies.
Agbero informal taxes suck drivers their profits and rarely make it to government’s coffers
The profit-driven orientation in privately-owned tertiary institutions makes studying there hyper-expensive. What if public universities fund themselves — and do not make profits?
Any dictionary that defines Nigeria would say a nation where more than half of its population lives below the poverty line, where inflation in food prices keeps soaring and the only booming business is either politics or kidnapping-for-ransom.
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Get new insights on pro-freedom issues and current events. Subscribe to ‘Letters of Reasoning’ for weekly expert commentary and fresh perspectives.
