Although a good number of those who built most of those properties are long dead, those who inherited the “colonial houses” have no issue selling them to the highest bidder. Imagine inheriting a bungalow from your late dad, built in the 1970s with less than N1 million, and you are offered between N700 million and N1 billion to sell the same property. Many in such situations are gladly selling and moving out. 

The post Tinubu’s tax reform bills, the rich and state governors, by Kazeem Akintunde appeared first on The Eagle Online.