Taxing Nigerians to death? (2)
Muhammadu Sanusi II, the 14th Emir of Kano and former Governor of the Central Bank of Nigeria , once apologised to Nigerians for having run the apex bank with clearly unworkable monetary policies. The brilliant man became an Emir, interacted with the people and the core of the society for him to see our folly and attain to the consciousness of the unworkability of our applied policies.
Well, I doubt if Nigerians have any problem with the country’s current debt status. After all, nations are run with debts. There are, however, those who would argue that the way Nigeria keeps piling up debts as if she is amassing wealth, with practically no realistic modalities in place for repayment, not to speak of what becomes the fate of incoming generations, is not close to being good enough.
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