A higher tax regime for rich Nigerians in accordance with their earnings will accelerate the growth of the country’s economy, European Union (EU) Ambassador to Nigeria Michel Arrion has said.
Arrion said although Nigeria is adjudged the biggest economy in Africa, its economy was still small compared to other countries in Europe.
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The EU ambassador, who also heads the delegation of the Economic Community of West African States (ECOWAS), spoke with reporters at the weekend in Ilorin, Kwara State capital.
The envoy urged the President-elect, Muhammadu Buhari, to de-radicalise Boko Harram prisoners, saying that would permanently end the insurgency ravaging the Northeast.
The ambassador, who was in Kwara State for a two-day visit as part of his mission of “discovering Nigeria”, recommended that “the future of Kwara be based on agriculture” while Nigeria should embark on “diversification of the economy”.
On the outcome of the elections, Arrion said the nation was “showing a good example” to the rest of Africa, especially with the action of President Goodluck Jonathan, who, according to him, in a rare demonstration of sportsmanship, conceded defeat to his challenger at the presidential elections.
He urged the continent to “invent in its own democracy” and leverage on the opportunities provided by ECOWAS to boost the economy of member countries
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