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Revolutionary Socialist Movement Urges Nigerians to Resist Tinubu’s ‘Anti-Poor’ Tax Policies, Warns of Rising Hardship, Inflation, Fuel Hikes, and Growing Economic Inequality in 2026
The Revolutionary Socialist Movement (RSM) has called on Nigerians to actively resist what it describes as “anti-poor tax policies” introduced by President Bola Tinubu’s administration, warning that the measures will deepen economic hardship for workers and low-income earners. In a New Year message issued by its Publicity Secretary, Comrade Salako Kayode, the group said Nigerians are entering 2026 under intense economic pressure driven by high inflation, soaring food prices, unemployment, repeated fuel price increases, and declining public services.
RSM accused the federal government of responding to the economic crisis by shifting the burden onto ordinary citizens through new and increased taxes, while protecting wealthy individuals, big corporations, and political elites. According to the group, the current tax system has failed to improve essential services such as healthcare, education, housing, and employment, instead sustaining corruption, heavy debt servicing, and what it termed extravagant lifestyles among those in power.
The movement argued that Nigerians should not be forced to pay for an economic crisis they did not create and proposed alternatives including recovering stolen public funds, ending wasteful governance and jumbo salaries, taxing big businesses and the super-rich, and investing more in public services and decent jobs. RSM also called on trade unions, civil society groups, students, and communities to form a united front and engage in peaceful mass resistance to defend living standards and democratic rights, expressing optimism that a more equitable Nigeria is achievable.
The Revolutionary Socialist Movement (RSM) has called on Nigerians to actively resist what it describes as “anti-poor tax policies” introduced by President Bola Tinubu’s administration, warning that the measures will deepen economic hardship for workers and low-income earners. In a New Year message issued by its Publicity Secretary, Comrade Salako Kayode, the group said Nigerians are entering 2026 under intense economic pressure driven by high inflation, soaring food prices, unemployment, repeated fuel price increases, and declining public services.
RSM accused the federal government of responding to the economic crisis by shifting the burden onto ordinary citizens through new and increased taxes, while protecting wealthy individuals, big corporations, and political elites. According to the group, the current tax system has failed to improve essential services such as healthcare, education, housing, and employment, instead sustaining corruption, heavy debt servicing, and what it termed extravagant lifestyles among those in power.
The movement argued that Nigerians should not be forced to pay for an economic crisis they did not create and proposed alternatives including recovering stolen public funds, ending wasteful governance and jumbo salaries, taxing big businesses and the super-rich, and investing more in public services and decent jobs. RSM also called on trade unions, civil society groups, students, and communities to form a united front and engage in peaceful mass resistance to defend living standards and democratic rights, expressing optimism that a more equitable Nigeria is achievable.
Revolutionary Socialist Movement Urges Nigerians to Resist Tinubu’s ‘Anti-Poor’ Tax Policies, Warns of Rising Hardship, Inflation, Fuel Hikes, and Growing Economic Inequality in 2026
The Revolutionary Socialist Movement (RSM) has called on Nigerians to actively resist what it describes as “anti-poor tax policies” introduced by President Bola Tinubu’s administration, warning that the measures will deepen economic hardship for workers and low-income earners. In a New Year message issued by its Publicity Secretary, Comrade Salako Kayode, the group said Nigerians are entering 2026 under intense economic pressure driven by high inflation, soaring food prices, unemployment, repeated fuel price increases, and declining public services.
RSM accused the federal government of responding to the economic crisis by shifting the burden onto ordinary citizens through new and increased taxes, while protecting wealthy individuals, big corporations, and political elites. According to the group, the current tax system has failed to improve essential services such as healthcare, education, housing, and employment, instead sustaining corruption, heavy debt servicing, and what it termed extravagant lifestyles among those in power.
The movement argued that Nigerians should not be forced to pay for an economic crisis they did not create and proposed alternatives including recovering stolen public funds, ending wasteful governance and jumbo salaries, taxing big businesses and the super-rich, and investing more in public services and decent jobs. RSM also called on trade unions, civil society groups, students, and communities to form a united front and engage in peaceful mass resistance to defend living standards and democratic rights, expressing optimism that a more equitable Nigeria is achievable.
