I wonder if Jide Oluwajuyitan and like minds support Fiscal Federalism like I do? Any effort to improve the fortunes of Lagos that involves begging a dysfunctional National Assembly is the wrong way to go.
Lagos should push for total and unfettered fiscal federalism. All other things will be added onto it. Lagos DOES NOT NEED funds from oil revenues. Just imagine what will happen if all the relevant VAT, Petroleum and Alcohol consumption taxes and corporate taxes associated with Lagos are fully domesticated. If Lagos does not lead the push for restructuring with fiscal federalism, it would have fully abdicated it's manifest destiny to lead. All efforts in this regard by the Niger Deltans and the South-East will be misunderstood and resisted with dire consequences. Any suggestions from there is invariably spelt BIAFRA.
Allocation of "Special Funds" to Lagos will turn out to be "cikini moni." It will not do.
No comments:
Post a Comment