Atiku Gives Recipe To Fight Nigeria’s Fresh Economic Recession

The PDP 2019 presidential poll candidate, Atiku Abubakar, has proposed tax increase on luxury goods patronised by Nigeria’s super rich to raise fresh revenue to fight the fresh economic recession

Atiku in his lengthy proposal also called for a surgical review of the proposed 2021 budget which he regards as a luxury and heavy budget which the projected revenue could not finance

According to Atiku, Nigeria is financially broke, and items regarded as non-essentials such as estacode, feeding, welfare package, oversea training, new vehicles, and office upgrade should be removed from the budget estimates

The former presidential candidate says that the fresh economic recession would have been avoided if President Muhammadu Buhari had listened to his call for the reduction in the cost of governance The recession, according to him, would have also been avoided if Buhari had stopped what he termed profligate borrowing and save for the rainy day

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