Is our fiscal deficit ceiling pointless?
Nonso Obikili
261

Has the FG’s collection of non-oil taxes worsened in absolute terms from 2011 (1.5%) to 2017 (0.9%) or is the % change more an effect of the 2014 GDP rebasing? The issue, I think, is more around whether the debt is spent on areas likely to yield taxable revenue to government. That’s probably an easier goal to achieve than tax reform.