Sunday, 05 January 2025 04:47

Northern elders call for suspension of Tinubu’s ‘draconian’ Tax Reform Bills

Rate this item
(0 votes)

The Northern Elders Forum (NEF) has urged the Federal Government to suspend the implementation of its proposed Tax Reform Bills, citing a lack of stakeholder engagement and potential adverse impacts on the nation, particularly Northern Nigeria.

In a statement signed by the NEF’s Chairman of Management Board, A.M. Al-Amin Daggash, the forum criticized the government for sidelining critical voices and experts in the formulation of the reforms. It described the process as undemocratic and rushed, with insufficient public consultation.

“It is shocking that in this age, after nearly three decades of democratic governance, Nigeria is still grappling with a government that shows disdain for democratic discourse and freedom of expression,” Daggash stated.

The NEF accused President Bola Tinubu’s administration of suppressing dissent and coercing the public into accepting what it called “draconian” tax policies. The forum argued that the reforms fail to adhere to global best practices, which require extensive engagement, transparency, and clear communication strategies.

“Successful reforms must include early consultations with experts and stakeholders, a robust communication strategy to educate the public, and a well-sequenced, transparent implementation mechanism,” the statement emphasized.

The NEF also highlighted concerns about the socioeconomic impact of the proposed reforms, particularly any increase in Value Added Tax (VAT). It warned that such measures could further reduce citizens’ purchasing power, fuel inflation, and exacerbate economic hardship.

“Until there is clear evidence of promised economic recovery, no VAT increase should be imposed,” the forum added.

The NEF called on the government to prioritize dialogue and collaboration with stakeholders to refine the tax reform proposals. It stressed that in a democracy, patriotic voices should be heard, not silenced.

The forum concluded by urging the government to adopt a more inclusive and thoughtful approach to ensure the proposed reforms align with the country’s broader economic and social objectives.

April 03, 2025

Oil prices sink after Trump announced sweeping new tariffs

Oil prices dropped $2 on Thursday after U.S. President Donald Trump announced reciprocal tariffs on…
April 02, 2025

Natasha outsmarts Kogi govt, Police; ‘drops’ from sky to jubilant crowds

In a spectacular display of defiance, Senator Natasha Akpoti-Uduaghan turned the Kogi State Government and…
March 30, 2025

Does wearing a cap make you go bald? Here’s what dermatologists want you to know about hair loss

Hair loss can be an upsetting and worrisome experience. But with a slew of wellness…
March 30, 2025

Two 'proof of heaven' stories and one 'proof of hell' that had atheist calling out…

Ole Braatelien What happens to our consciousness the moment we die? Christians believe our souls…
April 02, 2025

Ponzi schemes: New law slams 10-year jail term, N40m fine - SEC

Nigeria’s Securities and Exchange Commission (SEC) has finally declared war on Ponzi schemes, with a…
April 03, 2025

What to know after Day 1134 of Russia-Ukraine war

WESTERN PERSPECTIVE Putin conscripts 160K men as Russia eyes Ukraine offensive Russia has initiated its…
March 28, 2025

Bill Gates: Within 10 years, AI will replace many doctors and teachers—humans won’t be needed…

Tom Huddleston Jr. Over the next decade, advances in artificial intelligence will mean that humans…
January 08, 2025

NFF appoints new Super Eagles head coach

The Nigeria Football Federation (NFF) has appointed Éric Sékou Chelle as the new Head Coach…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2025 NewsScroll. All rights reserved.