Sunday, December 29, 2019

Governance and Taxation

#IDreamOfNigeria
I have always proposed the following over the years for the tenure for our elected government officials:- 2-terms of 5-years each for the Presidency & Governorship; 2-terms of 6-years each for the National Assembly; 2-terms of 4-years each for both the State Assembly and Local Governments. In addition, I have proposed a 10% tax across the board with:- 2% going to the Local Governments; 5% going to the States; and 3% going to the Federal Government. The States will collect the taxes and remit it to other arms of the government. This will force the States to be accountable and responsible to their citizenry. This will also reduce and/or eliminate the concentration of power at the Centre and free up the Federal Government to focus on defense and others. The State's will be forced to create conducive environment for business to thrive and generate revenues for development. Education will then get The Lion share of the budgets and not defense. The need to run to Abuja for revenue allocations will disappear and the call for re-structure will either disappear or be reduced. Finally, Police barracks should be destroyed for they are the dirtest places in the country. Alternatively Police should be given housing allowances to find houses in the community in order to implement and effectively enforce Community Policing. Also, there should life insurance policy for Police Officers killed in the line of duty. Furthermore, the Police Officers should be retrained and equipped with modern weapons and state-of-the-art crime lab for investigation. What say you?