“Nigeria’s Tax Agency Chief Shows Off N25.5 Million Patek Philippe Amid Citizens’ Struggle With Rising VAT”
“The luxury wristwatch, a Patek Philippe Golden Ellipse from the renowned Golden Ellipse Collection, ranks among the world’s most exclusive timepieces. The brand is widely associated with wealth, exclusivity, and elite status, favored by billionaires and royalty worldwide.” As millions of Nigerians struggle with economic hardship and the burden of a 7.5% Value Added Tax (VAT), the Executive Chairman of the Nigeria Revenue Service (NRS), formerly the Federal Inland Revenue Service (FIRS), Zacch Adedeji, was recently spotted wearing a luxury Patek Philippe wristwatch valued at ₦25.57 million. The watch, identified as a Patek Philippe Golden Ellipse from the prestigious Golden Ellipse Collection, is among the world’s most exclusive timepieces. The brand is synonymous with wealth, prestige, and elite status, favored by billionaires and royalty. vibeslyfe’ checks reveal that Adedeji’s watch features a sunburst blue dial crafted from an 18K gold plate, with white gold baton-style hour markers and cheveu-style hands, blending minimalism with opulence. The model closely resembles the Patek Philippe Golden Ellipse Ref. 5738P-001, a highly sought-after platinum variant with an elliptical case, navy blue alligator strap, and a single diamond at 6 o’clock.… “Nigeria’s Tax Agency Chief Shows Off N25.5 Million Patek Philippe Amid Citizens’ Struggle With Rising VAT”





