These “reforms” will crush the middle class, force small businesses to pay more to retain talent, let the rich dodge taxes as usual, and leave the poor with nothing.
This is prebendalism codified into law. We are, literally, the menu.
That’s why I #RejectTaxScam
I could unpack the fiscal disaster this law represents. But the moral crime is far graver.
@taiwoyedele of PwC won’t sign forged financials. But tomorrow, he will start executing a forged, gazetted tax law. History will remember that choice.
Here’s what I have to add:🧵
They looted the oil money. They wasted the loans. They stole the subsidies. Now that the treasury is empty, they are coming for your salary and your digital income to fund their greed. This isn’t governance, it is armed robbery. We refuse to bleed for their luxury! #rejecttaxscam
Here’s how the rich will legally pay less:
- Holding companies to shelter income
- Voluntary pension contributions
- Capital gains strategies (dividends vs salary)
- Property-related deductions
They can afford tax experts like Oyedele (in his former life).
If you live in a nation full of educated young people who constantly and consistently tell themselves "there is nothing we can do" - you can accurately predict that nation's future in 20 - 25 years.
I’m increasingly convinced that your standards decide your future. Every time you let something slide “just this once,” you train yourself to accept less. That’s how goals erode. That's how principles slip. Set your standards. Hold the line. Especially when it’s hard.
30mins into The Herd. As with gangs of Lagos, people hate when the reality of violence is depicted in fiction.
It is easier to be outraged about light shinning on truth, than doing something about the glaring failings.
Here against my own true free will.
Here because 1 million uncoordinated tweets won't solve our problems.
Please read this essay, fill the form if you can. We're all one bad policy away from disaster.
https://t.co/WI46V3VOYf
Another day of Nigerians fantasizing outliers as the norm.
We have about 7,200 dollar millionaires and only 7% of jobs are formal.
99.9% odds: you won’t marry an actual millionaire or land a fancy job.
We must push for a society where dignity is the standard for all.
My fear is that it often builds toward a crescendo if left unchecked. And it will go unchecked because it is state-sponsored and they benefit from having us torn apart. What we’re seeing is a Nazi-adjacent kind of open hostility that could quickly intensify into an explosion.