Nigeria’s Minister of Interior, Rauf Aregbesola, has said that the way to reduce the level of poverty in the country is to give the rich heavy taxation.
He made this known at the 70th birthday celebration of former Governor of Oyo State Abiola Ajimobi
The event featured a round table discussion, which held at the International Conference Centre, University of Ibadan.
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Dr Ayo Olukotun of the Department of Political Science, Olabisi Onabanjo University, presented a paper on: Managing the dynamics of Nigeria’s advancement: The social-economic perspectives.
Aregbosola asserted that the way to fight the economic problems and disconnect between social classes was to take from the rich and give to the poor.
“We must mercilessly tax the rich, if we are to cure the problem of poverty. We have two contending forces, the poor and the privileged rich. The rich have no problem, they are comfortable.
The problem is the poor and they are in the majority. And the point is if the rich failed to address this problem, the comfort of the rich will be taken away, so they must release much of their money to help the poor,” he said.
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