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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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Oyo: Oseni Celebrates Dotun Sanusi, Lauds Contributions to Society

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The All Progressives Congress (APC) senatorial candidate for Oyo South and Chairman of the House of Representatives Committee on the Federal Roads Maintenance Agency (FERMA), Hon. Aderemi Oseni, has congratulated Ibadan-born businessman and philanthropist, Chief Jubril Dotun Sanusi, on his 58th birthday, commending his contributions to enterprise, youth development and community advancement.

In a birthday message issued on Friday by his media aide, Idowu Ayodele, Oseni described the occasion as an opportunity to reflect on Sanusi’s entrepreneurial journey and commitment to using personal achievements to advance the common good. He wished the celebrant good health, renewed strength and greater accomplishments in the years ahead.

Oseni noted that Sanusi’s transition from petroleum engineering to business and investments across various sectors demonstrated the value of vision, perseverance and strategic thinking. He said the businessman’s career reflected how identifying opportunities beyond conventional professional boundaries could drive business success, stimulate economic growth and create opportunities for others.

The APC chieftain particularly commended Sanusi’s investments in hospitality, agriculture, education and sports, including Ilaji Hotels and Sports Resort, Ilaji Farms and the International College of Arts, Science and Technology (ICAST). He noted that such investments could stimulate economic activities, generate employment and support community development, particularly by providing young people with opportunities to acquire skills and pursue productive ventures.

According to Oseni, the significance of entrepreneurial success extends beyond the businesses established and wealth accumulated to the opportunities created and lives positively impacted. He said Sanusi’s investments and initiatives demonstrated the importance of private enterprise in supporting economic development and improving livelihoods.

“Chief Dotun Sanusi’s birthday provides an opportunity to celebrate the value of enterprise and the importance of investing in people. Businesses become more meaningful when they create jobs, support education and open doors for others to fulfil their potential. These are important contributions to society, and I wish him continued success in his endeavours,” he said.

The lawmaker also acknowledged Sanusi’s philanthropic engagements and commitment to youth development, stressing that sustainable progress required deliberate investment in education, skills acquisition and initiatives that promoted self-reliance.

He added that government alone could not meet every developmental need, making responsible private-sector participation and community-focused interventions essential to improving livelihoods.

Oseni further recognised Sanusi’s involvement in Ibadan’s traditional institution and his connection to Yoruba cultural heritage. He stressed the importance of preserving indigenous traditions and values, noting that cultural influence was more meaningful when accompanied by service, peaceful coexistence and a commitment to the welfare of the people. He also urged young Nigerians to draw inspiration from Sanusi’s journey by embracing hard work, discipline, continuous learning and patience in pursuing their ambitions.

The lawmaker prayed for God’s continued protection over Sanusi and his family, wishing him many more years of good health, wisdom and fulfilment. He expressed the hope that the businessman would continue to expand his investments, support initiatives that improve lives and contribute to the economic and social development of Ibadan, Oyo State and Nigeria.

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‘Senators Are Not Governors, Council Chairmen’ – Oseni Explains Legislative Responsibilities

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The All Progressives Congress (APC) candidate for Oyo South Senatorial District, Hon. Aderemi Oseni, has called on Nigerians to elect competent and accountable lawmakers, urging voters to understand the constitutional responsibilities of senators ahead of the 2027 general elections.

Oseni warned that misconceptions about the role of senators could undermine effective political representation, particularly when lawmakers are judged primarily by their ability to provide infrastructure, tackle poverty or distribute money to constituents rather than their performance in lawmaking, oversight and representation.

He spoke on Thursday at a political conference organised by the Christian Association of Nigeria (CAN), Ido Local Government Chapter, in Ibadan, the Oyo State capital.

The conference, themed “The Importance of Senatorial Governance and Representation in a Federal Democratic System,” brought together Christian leaders, political stakeholders, professionals, traditional rulers, youths and women to discuss the role of the Senate in Nigeria’s democratic development.

Oseni, who represents Ibarapa East/Ido Federal Constituency in the House of Representatives, identified three major challenges confronting senatorial representation: the election of unsuitable candidates, the failure of some elected senators to discharge their responsibilities effectively, and widespread misconceptions about the office.

He said these challenges underscored the need for greater public awareness of the constitutional duties of senators.
The Chairman of the House Committee on the Federal Roads Maintenance Agency (FERMA) cautioned against holding senators solely responsible for youth unemployment, poverty, inadequate infrastructure and other development challenges without considering the respective responsibilities of the federal, state and local governments.

He also faulted the expectation that senators should routinely return from Abuja with large sums of money to distribute among their constituents.

“A senator is neither the Chief Executive of a senatorial district nor a replacement for the Governor or Local Government Chairman,” Oseni said.

He explained that the primary responsibilities of senators included making laws, conducting legislative oversight, representing their constituents’ interests and advocating policies, projects and programmes capable of improving their welfare.

According to him, effective representation goes beyond occupying a seat in the National Assembly, as senators are expected to serve as a link between their constituents and the Federal Government.

He added that their responsibilities included influencing national policies, advocating development projects, facilitating access to legitimate federal programmes and ensuring that the concerns of their constituencies received adequate attention in national decision-making.

“A senator is the people’s voice at the federal level,” he said, stressing that effective representation required ensuring that constituents’ concerns were heard and considered in decisions affecting the country.

Oseni described the Senate as a critical institution in Nigeria’s federal democratic system, given its responsibilities for lawmaking, accountability and national development. He noted that the choice of a senator had implications not only for the immediate interests of a constituency but also for the country’s broader political and developmental direction.

He said the CAN conference provided an opportunity to promote informed political participation, correct misconceptions about legislative responsibilities and encourage voters in Oyo South to make informed choices ahead of the 2027 elections.

The APC chieftain urged voters to assess senatorial candidates based on their understanding of the legislative process, commitment to constituency representation, ability to scrutinise government policies and willingness to hold public institutions accountable.

He maintained that a better understanding of the Senate’s constitutional responsibilities would enable voters to set realistic expectations, demand accountability and evaluate their elected representatives more effectively.

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‎Oyo South: Sheikh Olafimihan Hails Oseni for N10m Inyass House Donation

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The APC Senatorial Candidate for Oyo South, Hon. Aderemi Oseni

‎Fadilat Sheikh Abdul Rasheed Olafimihan, the Balogun Faiydah of Yoruba Land, has commended  the All Progressives Congress (APC) candidate for Oyo South Senatorial District, Hon. Aderemi Oseni, for donating N10m towards the development of Sheikh Ibrahim Inyass House in Modinat Elekuro, Ibadan.

‎Olafimihan, who organised a programme at the religious centre on Tuesday, said the donation was appreciated by the Inyass Unity Organisation, which is affiliated with Zumuratul Faiydah Tijaniyah Ibrahimiyyah of Nigeria.

Oseni, who represents the Ido/Ibarapa East Federal Constituency and chairs the House Committee on Federal Roads Maintenance Agency (FERMA), attended the event, where he made the donation towards the development of the facility.

In a letter of appreciation dated October 13, 2026, the organisation thanked the lawmaker for his presence and financial support.

The letter partly read, “On behalf of the Inyass Unity Organization affiliated with Zumuratul Faiydah Tijaniyah Ibrahimiyyah of Nigeria, we sincerely appreciate your presence and generous donation at the event held at Sheikh Ibrahim Inyass House, Modinat Elekuro, Ibadan, on October 13, 2026.”

The organisation specifically acknowledged the N10m contribution, stating that the money was donated towards the development of the religious centre.

“We are deeply grateful for your donation of N10,000,000.00 (Ten Million Naira Only) towards the development of Sheikh Ibrahim Inyass House,” the letter added.

‎Olafimihan also offered prayers for the lawmaker, asking Allah to reward him for his contribution and grant him success in his public service.

‎“May Almighty Allah (SWT) reward you abundantly and grant you success in your service to humanity,” the letter stated.

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