Oxfam in Nigeria has sounded an alarm over the troubling trend of massive tax evasion by the country’s wealthiest citizens, as millions of Nigerians continue to suffer from hunger and poverty. The organization disclosed that more than 99% of wealthy Nigerians evade taxes, exacerbating the country’s inequality crisis. The revelation came during the presentation of two comprehensive reports—“Income and Wealth Inequality in Nigeria: Trends and Drivers” and “Taxing the Rich: Fair Tax Monitor”—in Abuja. The studies, conducted in partnership with the Tax Justice Network Africa and the Civil Society Legislative…
Read MoreOxfam Raises Alarm Over 99% Tax Evasion by Nigeria’s Wealthy Amid Worsening Hunger Crisis
