 A recent World Economic Forum in Davis report by Oxfam has suggested that the world issued bear higher taxes in order to address the economic imbalance in the world. The report suggested that a super-origin in the world has continued to rise even after the COVID-19 pandemic, while in contrast, the living condition of the poor has continued to drop drastically. Plus, even his correspondent Emanuele Higely completes the report. The World Economic Forum, Davos' 2023 report, suggests that the richest 1% of the entire world population grabbed two-third of the new wealth worth $42 trillion created since 2022, almost twice as much money as the bottom 99%. This report was published on the opening day of the World Economic Forum, tagged survival of the richest in Switzerland, where it was observed that the extreme wealthy and extreme poverty have increased simultaneously for the first time in 25 years. Nigeria is not exempted as it is also affected by this unfortunate trend as it continues to spend 49% and more of its GDP on dead servicing, which represents four times more on what it's spent on education and order social protection budgets since 2020. Oxfam is calling for a systemic and wide-ranging increase in taxation of the super-rich to claw back crisis gains driven by public money and profiteering. Decades of tax cuts for the richest and corporations have fuelled inequality with the poorest people in many countries paying higher tax rates than below nests. While supporting the call, stakeholders observed that it is shared greed on the part of the super-rich in the society to continue to hold such high economic advantage without more contributions to the GDP. But this year Davos is all about shame and not shock. People have become greedy and it's really sickening as humanity. How else can I describe this? I want to humanise some of these numbers because when you hear this data, sometimes we forget that we're talking about people who go hunger. Today, we have over 115 million people that are poor. When my colleague talked about the lady in Uganda who is earning $80 in Nigerian context, that is less than 40,000 Naira and paying tax of about 18,000 Naira. So what is left for her to take home? To feed her family, to provide shelter, pay for healthcare out of pocket, pay for education. So I think now more than ever before is providing us a unique opportunity as we go into elections next month. To be that so much to the carbon emission, the greenhouses, which is what we are fighting for. The global warming which we are trying to put down at 1.5 degrees Celsius should not be more than. But when you go to look at it, the very people that are suffering the impact of this climate change are not contributing so much to these greenhouse emissions. Like a very, let me use for example the Ugandan lady which made reference to. I'm sure from that income she makes she cannot afford the flight to say go anywhere. But the rich have made it like a lifestyle for them. It is a class status that they have to fly. And in this case of flying, there's so much greenhouse emission being emitted there. The report also suggested the taxing of the super rich asset which includes inheritance, property, land tax as well as net wealth taxes at a 1% rate high enough to significantly reduce their wealth and redistribute these resources to the benefit of the poor.