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‘Tax Us Now,’ 100 millionaires make an unusual plea

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More than 100 millionaires made an unusual plea on Wednesday: “Tax us now”.

Their appeal came as a study backed by wealthy individuals and nonprofits found that a wealth tax on the world’s richest people could raise $2.52 trillion per year — enough to pay for Covid vaccines for everyone and pull 2.3 billion people out of poverty.

In an open letter to the World Economic Forum’s online Davos meeting, 102 millionaires, including Disney heiress Abigail Disney, said the current tax system is unfair and “deliberately designed to make the rich richer”.

“The world — every country in it — must demand the rich pay their fair share,” the letter says. “Tax us, the rich, and tax us now.”

Their plea follows a report by global charity Oxfam this week which said that the world’s 10 wealthiest men doubled their fortunes to $1.5 trillion during the first two years of the pandemic while inequality and poverty soared.

“As millionaires, we know that the current tax system is not fair,” says the letter circulated by groups including Patriotic Millionaires, Millionaires for Humanity, Tax me Now, and Oxfam.

“Most of us can say that, while the world has gone through an immense amount of suffering in the last two years, we have actually seen our wealth rise during the pandemic — yet few if any of us can honestly say that we pay our fair share in taxes.”

The signatories include wealthy men and women from the United States, Canada, Germany, Britain, Denmark, Norway, Austria, the Netherlands and Iran.

The Patriotic Millionaires took part in a the wealth tax study with a network of non-profits and social movements, including Fight for Inequality Alliance, Oxfam and the US-based Institute for Policy Studies think tank.

In addition to funding vaccines worldwide and alleviating poverty, the tax would be enough to provide universal health care and social protection to 3.6 billion people in low- and middle-income countries, the group said.

The tax would be set at two percent for those worth over $5 million, three percent for over $50 million, and five percent for over $1 billion.

 

– ‘Realistic’ tax –

The group said a steeper progressive tax, which includes a 10 percent levy on billionaires, would raise $3.62 trillion a year. The actual levels of taxation would be country-specific.

Jenny Ricks, global convenor of the Fight Inequality Alliance, told AFP the group chose a lower progressive tax that was on the “realistic side”.

A plan to tax the wealth of some 700 American billionaires was floated by Democrats in the US Congress last year, but it was cut from President Joe Biden’s $1.75 trillion social spending and climate change programme.

Wednesday’s tax proposal was made as global government and business leaders take part in the virtual Davos meeting this week. The in-person gathering was postponed due to the spread of the Omicron variant.

“There is no defending a system that endlessly inflates the wealth of the world’s richest people while condemning billions to easily preventable poverty,” Patriotic Millionaires chairman Morris Pearl, a former BlackRock investment firm managing director, said in a statement.

“We need deep, systemic change, and that starts with taxing rich people like me,” Morris said.

 

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Police arrest man for fake kidnapping, banditry video in Ogun

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The Ogun State Police Command has arrested a man, Johnson Elleh, for allegedly producing and circulating a viral video falsely claiming the presence of kidnapping and banditry activities along the Owode-Idiroko axis of the state.

The command said preliminary findings showed that the suspect deliberately fabricated and shared the misleading content to attract public attention and generate online engagement.

The state Police Public Relations Officer, Oluseyi Babaseyi, disclosed this in a statement issued on Thursday and made available to journalists in Abeokuta.

According to Babaseyi, the command immediately launched an investigation after the video surfaced online, subjecting its contents to scrutiny to verify the claims.

He said the findings revealed that the video was false, misleading, and intentionally crafted to trigger fear, panic, and anxiety among residents.

“Findings revealed that the video was false, misleading, and deliberately designed to create fear, panic, and anxiety among members of the public,” the statement read.

The police spokesperson stated that extensive verification further confirmed that no incident of kidnapping or banditry occurred in the Owode-Idiroko corridor or surrounding communities as portrayed in the viral clip.

He added that detectives later identified the suspect after discovering that he featured in the video, leading to his arrest.

“Further investigation revealed that the suspect was featured in the video and was subsequently identified by detectives, leading to his arrest,” Babaseyi stated.

He explained that the suspect’s action was capable of causing unnecessary public tension, disrupting social order, and eroding confidence in the state’s security system.

“During the course of the investigation, the suspect reportedly confessed to intentionally creating and disseminating the misleading content to generate online engagement and public reaction,” he added.

While noting that investigation into the matter was ongoing, the command said Elleh would be charged to court at the conclusion of the probe.

The police command strongly condemned the spread of fake news, false security alerts, and other forms of misinformation capable of creating fear and confusion among law-abiding citizens.

It warned individuals and groups against publishing, recirculating, or disseminating unverified security-related information, stressing that such acts threaten public peace and would attract legal consequences.

“The Command will continue to identify, arrest, investigate, and prosecute all persons found culpable, irrespective of status or motive,” the statement added.

The police, however, reassured residents that Ogun remained safe, peaceful, and secure, urging them to remain calm and rely only on verified information released through official channels.

“The Command remains steadfast in its commitment to protecting lives and property and maintaining public order across the state,” Babaseyi concluded.

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Oseni mourns ex-Oyo lawmaker Akeem ‘Able’, says Oyo APC has lost loyal progressive

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The lawmaker representing Ibarapa East/Ido Federal Constituency in the House of Representatives, Engr. Aderemi Oseni, has mourned the death of a chieftain of the All Progressives Congress (APC) in Oyo State and former member of the Oyo State House of Assembly, Hon. Akeem Abimbola Oladipupo, popularly known as Able, describing his demise as a painful loss to the progressive family.

Oladipupo, who represented Ibadan North-West Constituency in the Oyo State House of Assembly, was widely regarded as a grassroots politician and committed party loyalist until his passing.

Oseni, who is also the Chairman, House Committee on Federal Roads Maintenance Agency and the APC candidate for Oyo South Senatorial District, said the late politician’s death had created a vacuum within the party and among those who benefitted from his unwavering commitment to public service.

In a condolence statement issued on Monday by his Media Aide, Idowu Ayodele, and made available to journalists in Ibadan, the Oyo State capital, the federal lawmaker described the late Oladipupo as a dependable progressive, humble political actor and loyal party stalwart whose impact would remain indelible.

He said the deceased dedicated his life to serving humanity, strengthening the progressive movement and supporting the aspirations of many at the grassroots.

Oseni said, “The death of Hon. Akeem Abimbola Oladipupo (Able) came to me as a rude shock. Oyo State and the progressive family have indeed lost a committed, loyal and selfless leader whose passion for service, humility and dedication to the people stood him out.

“He was not just a politician but a bridge-builder, a dependable ally and a grassroots mobiliser who believed strongly in the ideals of our great party. His contributions to the growth of the APC in Oyo State and his service to humanity will remain unforgettable.”

The APC senatorial candidate noted that the late former lawmaker remained steadfast in promoting peace, unity and political development, adding that his simplicity and accessibility endeared him to many across political divides.

According to Oseni, the late politician’s legacy of service and sacrifice would continue to inspire younger politicians and party faithful.

He, however, urged members of the APC, associates and family members of the deceased to take solace in the remarkable life he lived and the positive impact he made during his lifetime.

Oseni also prayed for the repose of the deceased’s soul and for God to grant his family the fortitude to bear the painful loss.

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Governors Push N100,000 Minimum Wage to Ease Workers’ Economic Burden

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State governors have proposed a new national minimum wage of N100,000 for Nigerian workers as part of efforts to cushion them from the biting effects of inflation and the rising cost of living.

Governor AbdulRahman AbdulRazaq of Kwara State, who is also the Chairman of the Nigeria Governors’ Forum (NGF), disclosed the proposal on Saturday in a post by the state government’s official Facebook page. He said the move aims to improve workers’ welfare while ensuring that government finances remain sustainable.

“State governments recognise the urgent need to improve workers’ welfare in response to the current economic realities facing Nigerians,” AbdulRazaq said.

“We are actively engaging with the Federal Government and organised labour to arrive at a wage structure that is fair to workers and sustainable for government finances.”

The NGF chairman explained that ongoing discussions are focused on balancing the need to boost workers’ purchasing power with the capacity of governments to deliver essential public services and development projects.

“The goal is to improve the living conditions of workers while ensuring that states can continue to meet their obligations and sustain projects that directly impact citizens,” he added.

The proposed N100,000 minimum wage is expected to intensify national debates on salaries, inflation, and broader economic reforms as Nigerians continue to contend with rising food prices, transportation costs, and other living expenses.

Currently, Nigeria’s statutory minimum wage stands at N70,000 per month. Some states, including Lagos, Rivers, and Imo, are already paying above the national benchmark to support workers amid the country’s economic challenges.

Meanwhile, the Nigeria Labour Congress (NLC) has continued to call for a comprehensive review of salaries, insisting that workers deserve a living wage that reflects present-day economic realities rather than merely guaranteeing survival.

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