Investor Presentaiton slide image

Investor Presentaiton

Budget should be used as a fiscal tool for reduction of inequality- end tax incentives, unaccounted fiscal cakes to subnational states-actors, suffocative PPPs and concessionings, etc • • Granting of radical tax incentives to a selected few, should be stopped. Such is a violation of social rights, fiscal and economic freedom of all. Inclusion of end users and CSOs in the tracking of fiscal incentives to states, should be among preconditions for granting of such incentives by the Federal Government. PPPs and some concessions are a collective burden that even some of our unborn children may pay, hence, it should not be shadowed with secrecy or bureaucratic barriers. National Assembly should compel MDAs to open PPPs negotiations to Public Hearings. Some concessioning through PPPs, such as, Lekki Deep Sea Port that may have been entered in 2013 for 45 years at the sum of USD1,354,500,000.00 is scary. Perhaps, it may have been reviewed, as we do not have additional information concerning this and other concessionings. Notwithstanding, National Assembly, should open PPPs processes for citizens interrogations, before final consummations by government MDAs. Some of the PPPs are debts on the heads Nigeria's unborn children.
View entire presentation