Making the admission on Tuesday at the colloquium organised to celebrate the 65th birthday of Bola Tinubu in Lagos, the minister said she was not ashamed to admit that Lagos’ successful model was being replicated at the federal level.
Adeosun lauded the national leader of the All Progressives Congress (APC) for his foresight and sense of direction.
“The economic template we copied from you is now being implemented for the economic recovery of the country and we are not ashamed to say it,” she said.
“The impact of that template is that many of the states are now copying it, especially in the area of Internally Generated Revenue (IGR).”
Adeosun noted that Lagos was working because it had in place, an effective tax mechanism.
She said the federal government will continue to insist on the collection of its rightful tax from evasive rich citizens and corporate organisations.
The minister said Nigeria needed multiple streams of revenue, adding that the country can have steady economic growth if “we consume what we make”.
“We need to support the economy with the infrastructure needed to create jobs for our young people. We will change Nigeria by consuming what we make for Nigeria to survive,” she added. Click to signup for FREE news updates, latest information and hottest gists everyday
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So Lagos is a model for you to borrow their model and implement in the whole of Nigeria? Nigeria is in trouble. With this sorts of people in highly decision and policy making positions,this country is in real trouble! No wonder they even plagiarize anyhow.It is a pity!Ok now I know why you want to keep borrowing without any plan or policy. You are competing with Lagos for the first position for the most indebted. ...It is sad that we are eating our children and children Children's tomorrow today....
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