Moghalu Slams More Taxes Amid Corruption in Nigeria

Kingsley Moghalu, former Deputy Governor of the Central Bank of Nigeria, criticized the Nigerian government for considering additional taxes amidst corruption and mismanagement of funds. Moghalu emphasized the need for accountability and transparency in governance before imposing more tax burdens on citizens.

He highlighted the importance of addressing corruption and wasteful spending by the political elite to ensure fairness in tax demands. Moghalu stressed that accountability and transparency should precede any tax reforms to alleviate the burden on ordinary Nigerians.