To fund our $41bn 2022 budget, President Buhari is going to have to introduce a Nigerian Luxury Consumer Goods Bill to raise at least $10bn

Ayo Akinfe For starters, we need a database to determine what are luxury goods. This will include designer clothing, jewellery, automobiles, footwear and fashion accessories. All such items will be subject to a 20% luxury goods tax at the point of purchase All private jets will be subject to an annual tax worth 40% of their...