Following the recent publication of the Fair Tax Monitor Nigeria Report: Taxing the Rich, FTM’s Ishmael Zulu was interviewed for the Business Edge on Nigeria’s national station News Central.

In this wide-ranging and comprehensive interview, a number of topics were addressed, such as Nigeria’s critical revenue gap, which threatens its development goals and the stark inequality in wealth distribution with the wealthiest 1% of Nigerians owning 25.5% of the nation’s wealth compared to just 4.7% held by the poorest 50%.

Other issues discussed included how Government initiatives like the “Strategic Revenue Growth Initiative” have faced backlash for regressive measures impacting lower-income citizens and how the Fair Tax Monitor report advocates targeting high-worth individuals (HNWIs) through progressive taxes, property tax reforms, and enhanced compliance as a way to reduce inequality, boost revenues, and foster sustainable development, thus paving the way for broader economic growth in Nigeria.

Watch the interview in full here.