 An Oxfam in Nigeria, together with other civil society groups, have blamed the extreme poverty in Nigeria on high level corruption in the system. Today, as business elites gather in the Swiss resort town of Davos, Oxfam, Nigeria, together with other civil society groups, have condemned the disparity in wealth between the rich and the poor in the country. The absence of a proper taxation system in the country is also one of the very reason why government is losing a lot of money. We would need this more of a tax holiday that they could give to corporate businesses. If only they are using that money, they will be able to address some fundamental developmental changes that will happen in Nigeria. There is no reason why because you have interest in the company, because you have interest in any company, you will go and give five-year tax holiday and there is no monitoring of the commitments that is supposed to go along with it, which is to say that if you will give you tax holiday for five years, you will include social corporate responsibility to help in terms of education, healthcare system and infrastructure, nobody will monitor whatever those corporate agencies or entities or companies are doing with that. So, we are losing a huge amount of money simply because of corruption, because the people approving this tax holiday, they have a share in those companies and that is why we will be pushing for beneficial ownership, because beneficial ownership will be able to identify and know who wants what, who is the director. The recent scandal again, Pazza, exposed how government officials previously used their own company, used their wives and children and get, you know, this kind of either consultancy or contract or tax holiday. Today we are dealing with a few people who is capturing this date and also might lead to anarchy, because if inequality persists, what will they have is anarchy. Today the Nigerian people cannot enjoy over five trillion Naira was given as tax capital. This is unacceptable. While the foreign government is saying they cannot meet projects defined, and we're going to borrow, knowing that Nigeria is currently in debt, and yet we're giving tax incentives for people who are profiting in billions of dollars within our economy. No, this is unacceptable. We need a new era of tax, a regime that ensures fairness, equity and justice, because again, if we continue like this, this will lead to state capture and anarchy. Thank you.