Employed Graduates and Non-graduates Should Pay Taxes-Prof Olomolaye

Prof. Paul Olomolaiye has said that the taxation system in Nigeria should be reviewed in a way that employed graduates and non-graduates would pay taxes in different forms. The professor of Construction Engineering made this observation on Thursday during a public lecture tagged, ‘The Economics of Publication in Nigeria’ organised by the Department of Economics at the University of Lagos, Akoka.

He said it would be rather imbalanced for employed non-graduates to pay tax that would be used to improve and develop universities which they never had the opportunity to attend. Olomolaiye suggested that it will be equitable for graduates to pay a two to three per cent additional tax that would be used in developing universities, which he said would be a way of giving back to the system.