SUSTAINABILTY OF TAX REFORMS AMIDST EXTREME POVERTY: THE NIGERIAN EXPERIENCE

This research reviews the tax overhaul being recently proposed in Nigeria that recommends a decrease in tax rates among other amendments. It uses content analysis and observes that the reforms, as currently proposed, might not address the extreme poverty that is confronting Nigeria currently. Rather, it will probably deepen destitution and increase income imbalance in the country. The study recommends that the public authority reviews its approach, focusing not just on the rates of taxes but on comprehensive fiscal policies that are pro-poor.