JUST IN: Peter Obi Shuns Northern Nigeria Outcry, Endorses Tinubu’s Tax Reform Bill

The 2023 Labour Party presidential candidate Peter Obi has voiced cautious support for President Bola Ahmed Tinubu’s proposed tax reform bills, while urging transparency, inclusivity, and broad public participation in the process.....Read Full Article>>

In a statement released on his official Twitter account, Obi described tax reform as a “critical issue” for Nigeria but emphasized that it must be approached thoughtfully and inclusively.

He called for public hearings to ensure that Nigerians from diverse backgrounds have a platform to engage in the reform process. “Tax reform is a critical issue, and there is nothing wrong with pursuing it,” Obi stated.

“However, such reform must be subject to robust and informed public debate. A public hearing on tax reform is essential, allowing Nigerians from all walks of life to engage meaningfully. This is how we build public trust and ensure inclusivity in policymaking.”

Obi highlighted the importance of considering the broader impact of tax reforms, beyond merely increasing government revenue. He argued that any policy changes must take into account their overall effects on the nation’s economic and social sustainability.

“When considering tax reforms and similar issues, it is insufficient to focus solely on the benefits to the government, particularly in terms of increasing revenue collection. We must also take into account the overall impact on the nation and the sustainability of all its regions,” Obi said.

Acknowledging the significance of reform, Obi urged the government to prioritize public sensitization and secure buy-in from citizens to foster trust and legitimacy in governance.

“Let us prioritize transparency, deliberation, and public engagement in charting the path forward. This is how we build a truly participatory democracy,” he concluded.

Obi’s statement comes amid growing debates on Tinubu’s tax reform agenda, with some critics arguing it could impose undue burdens on ordinary Nigerians. His endorsement, tempered with calls for transparency and public dialogue, underscores the need for a balanced approach that aligns economic policy with the interests of the people.