Commercial & Industrial Law-Scholarly Publications

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ESTABLISHING A TAX SYSTEM FOR THE FEDERAL CAPITAL TERRITORY - PROSPECTS AND CONSTITUTIONAL CHALLENGES
(Department of Jurisprudence and Private Law, Faculty of Law, Obafemi Awolowo, Ile-Ife, Nigeria., 2007) SANNI, A.O
We have no access to the amount of finance at the disposal of the Federal Military Government and we have neither had the facilities nor the time to do any costing of a relocation of the Federal Capital. All we wish to stress is that although we have sympathy for the arguments of those who oppose the relocation of the Federal Capital on the ground that such an exercise would involve the expenditure of huge sums of money, we are firmly convinced that such expenditure is of utmost necessity. By undertaking it now, we shall be preventing the expenditure of much larger sums of money in the future. We firmly believe that, if not now, but certainly in the future, the capital of the Federation of Nigeria will be located away from Lagos and at a greater cost”.