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Abu
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Current Affairs / News
2026-01-04 02:24:18
Effects of Taxation on Poor Countries
Negative Effects of Tax on a Poor Country 1. Increased Poverty & Cost of Living When governments raise taxes on basic goods (like food, fuel, transport), prices go up. Poor households feel it the most because they spend most of their income on daily needs. 2. Reduced Small Business Growth High taxes discourage small and informal businesses. Many people avoid registration,...
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Usman
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Autobiographies
2025-06-20 04:52:30
Governors Decry Rising Food Prices Under Tinubu, Cite Taxation and Poor Infrastructure
State governors have expressed deep concern over the worsening food inflation across Nigeria, blaming it on unauthorised taxation, illegal checkpoints, and dilapidated infrastructure under President Bola Tinubu's administration. In a communiqué issued after the Nigeria Governors’ Forum (NGF) meeting held on Wednesday, June 18, and signed by NGF Chairman and Kwara State Governor,...
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