Friday, 14 July 2017

Only 3% of population pay tax in Lagos, Nigeria !



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The country is currently in economic recession and has struggled to battle corruption. Nigeria is ranked 136 out of 176 countries by watchdog Transparency International, and was described as “fantastically corrupt” by former British Prime Minister David Cameron in 2016.
President Muhammadu Buhari, elected in 2015, pledged to root out graft and money laundering, but he has had limited success. While the Nigerian government has saved billions by eliminating ghost workers in the civil service and initiated the return of funds secreted abroad by former leaders, there have been no high-profile convictions for corruption under Buhari’s administration, though several trials are ongoing


Newsweek


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