The new VAT combat is a protest (2)


By Eric Teniola

The first instalment examined the current VAT war as a protest on the central government and its certain policies of exclusion, partisanship, nepotism, ethnicity, non-consultation and unfairness. This issue examines the process of the approval of the decree by the defunct military regime

THE programme was first introduced by the first Minister of Finance under General Babangida, Dr. Kalu Idika Kalu (82), from Ebem, Ohafia in Imo State. He first served as commissioner for finance in Imo State under the administration of Major General Ikechukwu Omar Sanda Nwachukwu (81). Dr. Kalu had his education at the Ladilak Institute, Yaba, 1948, Colony Public School, Ebute-Metta, 1949-1950, St. Jude’s School, Ebute-Metta, 1951-1953, King’s College, Lagos, 1954-1960, University of Wisconsin, Madison, Wisconsin, USA, 1961-1966, 1970-1972; research fellow and lecturer, economic development, University of Nigeria, Nsukka, 1966-1970, economist, World Bank, Washington DC, 1972-1980, head of economics, Skoup Company (Nigeria) Limited, 1980-1983 and commissioner for finance and economic planning, Imo State, 1984-1985.

In his 403 page book entitled Letting A Thousand Flowers Blossom, Dele Sobowale narrated how VAT came to be. He said “VAT was one of Dr. Kalu Idika Kalu’s unpopular proposals and for which he would have been lynched if the economic illiterates dominating discussion in the media could lay their hands on him. It was not even accepted by the majority of the cabinet members. 

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