The Minister of Finance, Mrs. Kemi Adeosun, declared that Nigeria is not an oil economy and that to share Nigeria oil it will be ninety people to one barrel of oil.

Adeosun on Facebook live on Thursday explicated issues on Nigerian economy and #TaxThursday.

She further said that the Federal Government signed a policy to tax first class and business air tickets alongside other luxury goods.

“We signed something yesterday on luxury goods; champagne, brandy, whiskey, wine, jewelry, high-end jewelry,” Adeosun said.

“We’ve signed something that will bill access charge on first class and business class tickets, we are jsut doing the final parts of the implementation and we also want to try and amend the tax payer book on high end cars, luxury cars.”

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