
Stop Comparing Nigeria To South Africa — Finance Minister
Nigeria’s Minister of Finance and National Planning, Zainab Ahmed, has warned Nigerians to stop comparing Nigeria with South Africa.
She pointed out that South Africa is a tax-based economy, while Nigeria on the other hand is competing with Sudan in the area of taxation.
The minister disclosed this on Monday while defending the government’s Medium Term Expenditure Framework and Fiscal Strategy Paper.
According to the minister, most high earners in Nigeria are not paying taxes, particularly at the state level.
‘The comparison between Nigeria and South Africa cannot be done. The federal government national budget and South African national budget …