Nigeria, Dec. 16 -- As the year gets to a close and 2026 dawn very sure and certain; the discussion on the new tax regime very palpable. Recently I saw the various percentage attached to certain amount of earnings. The percentage distributions would bring more money into government coffers no doubt, but the question begging for an answer is, is money the problem of Nigeria? If the answer is in the negative, then more money wouldn't solve anything. Nigeria's Problem Isn't Water, but a Leaking Bucket. There is water, enough to take care of all our domestic needs, the problem rather is the various leakages on the bucket, more like perforations. Until it gets fixed, no amount of water poured would be commensurately useful.

With this new tax ...