BusinessDay Report on my FUTO Biennial Lecture
Quote from Ndubuisi Ekekwe on October 30, 2019, 1:13 PMA great summary of my FUTO Biennial Lecture presentation by BusinessDay.
Leading the discussion, Ndubuisi Ekekwe, an alumnus of FUTO and Chairman of Fasmicro Group was of strong opinion that for Nigeria to experience exponential economic system, it must be a nation that creates knowledge for national development.
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“In America and Western Europe, there is clever tax system that stimulates rich people to give money to schools because the more money they give; they are offsetting their tax obligation in other places. Nigeria does not have that system because when a rich man donates money to school, he is Father Christmas.If there is such tax policy, people will inject capital into university system which will make universities competitive”.
A great summary of my FUTO Biennial Lecture presentation by BusinessDay.
Leading the discussion, Ndubuisi Ekekwe, an alumnus of FUTO and Chairman of Fasmicro Group was of strong opinion that for Nigeria to experience exponential economic system, it must be a nation that creates knowledge for national development.
...
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“In America and Western Europe, there is clever tax system that stimulates rich people to give money to schools because the more money they give; they are offsetting their tax obligation in other places. Nigeria does not have that system because when a rich man donates money to school, he is Father Christmas.If there is such tax policy, people will inject capital into university system which will make universities competitive”.