That is the effect of procrastination that this visionless administration has been touting as Rule of law, now Tarry-A-Doer is using the global financial crisis as an excuse to worm his way out of been held accountable for his lack of vision and the consequent decline in our growth levels while govt corruption continues to escalate. Who is he going to tax? The vast unemployed Nigerians whose majority earns less than a dollar per day. I can't wait to see how far the revenue collected would be stretch to cover govt's spending on infrastructural development. What a waste - Nigeria would've been better off if 3rd term was granted to OBJ's administration.

I have once advocated the use of Fiscal policies in tackling the shortfalls in oil Revenue. In my view,I think that even when it is impossible to realize any revenue from other sources of government revenue, the tax system is readily available. I think it is important to widen the tax system in Nigeria. There are a thousand and one other tax sources we can utilize. If countries like the UK and the US depend a lot in their tax revenue, we can do same. For instance, we are aware that many Nigerians are exceptionally rich, some owning about 5 cars alone while some own more. the Federal government can call a meeting/seminar of the stakeholders of our economy,table the issue and allow them to comment. I am aware that it will not go down well with them but necessity has necessitated that. The organizer needs to convince them that such is for the good of most Nigerians and a STRONG promise that the tax-payers' money will be used judiciously. We should understand that one day, this our oil and its price will crawl.It will affect both the poor and the rich. I still want to reinforce that come rain, come shine, we can always get a veritable revenue from our tax system. This does not mean that it is the only means of getting out of this problem. It is of importance to note that we can't substitute anything else for 'DIVERSIFICATION OF OUR ECONOMY' and 'PRODUCTION OF FINISHED GOODS AS A SUBSTITUTE FOR RAW COMMODITIES', 'AGRICULTURE', ETC. I have always put up a question asking thus-'WHERE ARE OUR ENGINEERS' some of who boast of their certificates as mechanical engineers, Computer Engineers? I think these are the least productive Nigerians. I hope that in my next write-up, i will examine some critical issues facing our country. Blesxzoh-UNEC