Critical Tax Reforms for Shared Prosperity, The Nigerian Economic Summit Group, The NESG, think-tank, think, tank, nigeria, policy, nesg, africa, number one think in africa, best think in nigeria, the best think tank in africa, top 10 think tanks in nigeria, think tank nigeria, economy, business, PPD, public, private, dialogue, Nigeria, Nigeria PPD, NIGERIA, PPD
Wed Aug 10th 2022
1 day from now 10:00:00am

Nigeria is once again at a critical juncture. The age-long unresolved challenges confronting the Nigerian economy suggest the country is approaching a similitude of being described as a failed state, with the possibility of disintegration should current trends persist. Nigeria’s high insecurity challenges is fuelled by its high unemployment rate, faltering economy with a double-digit inflation and increasing poverty level, inadequate access to quality education, among other challenges.

It is important for Nigeria to develop the right policy environment including tax reforms to remove the various impediments and reverse the worrying trend, and to do so urgently. To be effective, these interventions need to consider local economic, social and cultural contexts, as well as enhance capacity for policymakers and tax administrators leveraging on technology to ensure everyone benefits from the gains of development

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