Connect with us

Politics

Peter Obi Calls For Suspension Of Controversial Tax Laws

Published

on

Former presidential candidate Peter Obi has urged the federal government to suspend the implementation of the new tax law.

Naija News reports that the former Anambra governor warned that it is poorly structured and unfair to Nigerians who are already struggling with economic hardship.

Obi made the call in a post on X, formerly Twitter, where he raised concerns about the changes introduced in the tax system.

He pointed out that the laws have been altered in a way that has created serious problems, saying that global accounting firm KPMG reportedly identified 31 major issues ranging from drafting mistakes to policy conflicts and administrative gaps.

According to Obi, it is worrying that such flaws only came to light after private engagements between the National Revenue Service and KPMG.

He argued that if experts need closed-door meetings to fully understand the tax laws, ordinary Nigerians would find it almost impossible to grasp what is being demanded of them.

The former Anambra State Governor explained that taxation is more than a means of generating revenue, describing it as a social agreement between the government and the people.

He stressed that such an agreement cannot work if citizens do not understand it or trust those enforcing it.

Obi further stated that in many parts of the world, tax policies are backed by visible benefits such as better healthcare, quality education, job creation, improved infrastructure and strong social support systems.

He said the situation in Nigeria is different, as the focus appears to be on increasing revenue collection without clearly showing citizens what they stand to gain in return.

The ADC chieftain also criticised the lack of broad consultations before the tax laws were finalised. Obi noted that in standard practice, governments engage businesses, workers and civil groups for months or years before presenting tax proposals, ensuring people understand both their obligations and the benefits involved.

He said this process was missing in Nigeria, leaving citizens confused about the new rules and their purpose.

The former presidential candidate added that enforcement is being pushed without consensus or clear communication, even as Nigerians are yet to see relief following the removal of fuel subsidies.

He said many citizens are battling rising food prices, high transport costs, reduced purchasing power and increasing poverty.

Obi warned that introducing a wide-ranging tax regime filled with inconsistencies at such a time reflects poor governance.

He said taxation without trust feels like punishment, while a system without clarity creates confusion and hardship.

According to him, Nigeria must not place additional pressure on its citizens and called on the government to listen, communicate better and build national agreement before moving forward.

Obi said genuine reform can only happen through trust, understanding and shared benefits, adding that building a new Nigeria is no longer optional but necessary.

👉 Are You A WhatsApp User? Do You Want To Get Our News As Fast As Possible On Daily Basis? 👉 Click This Link To Join WhatsApp Channel Now.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Politics

Rivers Governor Fubara Missing as APC Screens 14 Governors, Tinubu’s Sole Challenger

Published

on

Rivers State Governor Siminalayi Fubara was notably absent as the APC screened 14 governors seeking re-election ahead of the 2027 general elections. President Bola Tinubu’s sole challenger, Stanley Osifo, was also screened.

The screening committee, chaired by APC National Chairman Nentawe Yilwatda, assessed governors, including Abba Yusuf (Kano), Inuwa Yahaya (Gombe), Nasir Idris (Kebbi), Caleb Mutfwang (Plateau), Hyacinth Alia (Benue), Francis Nwifuru (Ebonyi), and Sheriff Oborevwori (Delta). Fubara reportedly obtained nomination forms through a proxy against FCT Minister Nyesom Wike’s opposition.

Key Points:

Fubara’s absence raises questions about his political future amid his ongoing feud with predecessor Nyesom Wike.
President Tinubu, facing only one challenger, suggests the party’s nomination is all but settled.
The screening of 14 governors shows most APC state chief executives are seeking re-election.
Aspirants from Bauchi and Kwara states expressed concerns about consensus being used to manipulate primaries.
Timing of the screening, ahead of primaries starting May 15, keeps APC on track for INEC’s election calendar.

Sources: The Punch, Vanguard

👉 Are You A WhatsApp User? Do You Want To Get Our News As Fast As Possible On Daily Basis? 👉 Click This Link To Join WhatsApp Channel Now.

Continue Reading

Politics

NELFUND Beneficiaries Donate N10.7 Million to Back President Tinubu’s Re-Election

Published

on

Beneficiaries of the Nigerian Education Loan Fund (NELFUND) in Anambra State have endorsed President Bola Tinubu for a second term in office and donated N10,735,500 towards the purchase of his expression of interest form.

Speaking at Chukwuemeka Odumegwu Ojukwu University in Igbariam on Friday, the Chairman of the National Association of Nigerian Students Joint Campus Council in Anambra State, Ifeanyichukwu Chukwuemeka, described the gesture as a show of appreciation for Tinubu’s educational reforms and youth-focused policies. The students said the endorsement recognises the impact of the loan scheme on access to higher education.

Key Points:

Students who benefited from government loans are now publicly backing the president’s re-election.
The N10.7 million donation raises questions about where students sourced such a large sum.
Other NELFUND beneficiaries across Nigeria may feel pressure to show similar political support.
The president’s educational policies gain visible grassroots validation from direct beneficiaries.
The timing of this endorsement, well before the 2027 election, helps build early momentum for Tinubu’s campaign.

Sources: The Punch

👉 Are You A WhatsApp User? Do You Want To Get Our News As Fast As Possible On Daily Basis? 👉 Click This Link To Join WhatsApp Channel Now.

Continue Reading

Politics

All Progressives Congress (APC) Generates Over N20 Billion from Sale of 2027 Aspirants’ Nomination Forms

Published

on

The All Progressives Congress (APC) has generated over N20 billion from the sale of expression of interest and nomination forms to aspirants seeking its ticket for various offices in the 2027 general election. The ruling party pegged presidential forms at N100 million, governorship at N50 million, Senate at N20 million, House of Representatives at N10 million, and State Houses of Assembly at N5 million.

Two presidential aspirants, about 90 governorship contenders in 28 states, several National Assembly aspirants, and 990 State Houses of Assembly aspirants purchased forms. Screening of aspirants commenced on May 8.

Key Points:

Aspirants spending millions on forms may feel entitled to recoup their investment through the office.
The high cost of forms could exclude talented but less wealthy Nigerians from political participation.
Female aspirants, youths, and physically challenged contenders received a 50% concession on nomination fees.
The ruling party’s revenue from form sales provides significant funding for primary election logistics.
The timing of the N20 billion windfall, months before the election, gives the APC a financial advantage over opposition parties.

Sources: Leadership

👉 Are You A WhatsApp User? Do You Want To Get Our News As Fast As Possible On Daily Basis? 👉 Click This Link To Join WhatsApp Channel Now.

Continue Reading

Trending