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Senior lawyer advocates for taxation-driven economies

According to Ahmed Raji, a lawyer, taxes are now a significant source of income for many nations around the world. Raji talked after receivi...

Chima Joseph Ugo
Chima Joseph Ugo - Editor-in-chief November 15, 2022
Updated November 15, 2022 at 8:50 PM
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Senior lawyer advocates for taxation-driven economies
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Senior lawyer advocates for taxation-driven economies

According to Ahmed Raji, a lawyer, taxes are now a significant source of income for many nations around the world.

Raji talked after receiving his Masters of Science (MSc) in Taxation from Oxford University in the United Kingdom.

The senior lawyer claimed in a statement released on Tuesday in Abuja that "most countries are now focusing on taxation in light of crude oil's waning relevance.

“I took out time to go and specialize in a technical and complex field of study Taxation at the University of Oxford, one of the three leading universities in the world.”

Raji called for the introduction of a wealth tax to alleviate the poverty and sufferings of Nigerians.

He said the introduction of the Wealth Tax Policy would make super-rich Nigerians pay the deserved tax that would be used to cater for the downtrodden citizens in the country.

He argued that in the face of a harsh economic situation starring poor Nigerians in the face, the poor need to be subsidised and not be taxed under any guise so as to balance their anger against the rich.

“It is a fact that the downturn in Nigeria’s economy is having harsh and devastating effects on the poor Nigerians.

“The wide disparity between the rich and the poor should be of grave concern to patriotic Nigerians and the way out must be found,” he said.

The News Agency of Nigeria (NAN) reports that Raji had, in 2015, acquired a Master of Law degree from King’s College, London, with emphasis on Telecommunications Law, Commercial Banking, International Finance and Comparative and International Arbitration.

NAN

Tags: Business, Finance

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