If Multinational Corporations stopped exploiting countries like Nigeria through Tax malpractices and other illicit financial flows there probably wouldn't be a need for foreign aid. The revenues from blocking these malpractices would render aid unnecessary.
Yes. Probably true for Nigeria where aid <0.7% of GNI. Not for countries like Burundi (aid 24%), Ethiopia (5%), Gambia (10%), Liberia (45%), Malawi (23%) etc...And Domestic Resource Mobilisation potential (& illicit flows) in all countries go beyond MNCs https://www.cgdev.org/blog/tax-and-development-beyond-big-numbers …
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I disagree. Development of industries won't automatically translate into revenues for government. The govt needs to tax more effectively and efficiently.
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I agree. Nigeria (with her large informal sector, lax enforcement & weak govt institutions) has much more to worry about in increasing DRM than MNCs.
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That which is a curse for Nigeria is not the aids given by the West but those criminals who impoverished our people & betrayed our trust & stole our monies & keep in same countries which exploits Africa with their aids.
@MBuhari@officialEFCCThanks. Twitter will use this to make your timeline better. UndoUndo
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