Peter Obi Criticises Tinubu’s Tax Policy, Warns Nigeria Cannot Prosper by “Taxing Poverty”
Former Labour Party presidential candidate Peter Obi has condemned Nigeria’s current tax system, arguing that prosperity cannot be achieved by imposing heavier taxes on an already impoverished population. In a statement titled “Prosperity cannot come by taxing Poverty”, Obi stressed that honest leadership, transparency, and fairness are central to sustainable economic growth. He criticised a revenue-driven approach that prioritises government income over citizens’ welfare and highlighted a tax fraud controversy, claiming that the law being enforced differs from what was passed by the National Assembly. Obi called for a people-centered tax system that supports enterprise, protects the vulnerable, and restores public trust, insisting that wealth creation depends on production, not excessive taxation.
Former Labour Party presidential candidate Peter Obi has condemned Nigeria’s current tax system, arguing that prosperity cannot be achieved by imposing heavier taxes on an already impoverished population. In a statement titled “Prosperity cannot come by taxing Poverty”, Obi stressed that honest leadership, transparency, and fairness are central to sustainable economic growth. He criticised a revenue-driven approach that prioritises government income over citizens’ welfare and highlighted a tax fraud controversy, claiming that the law being enforced differs from what was passed by the National Assembly. Obi called for a people-centered tax system that supports enterprise, protects the vulnerable, and restores public trust, insisting that wealth creation depends on production, not excessive taxation.
Peter Obi Criticises Tinubu’s Tax Policy, Warns Nigeria Cannot Prosper by “Taxing Poverty”
Former Labour Party presidential candidate Peter Obi has condemned Nigeria’s current tax system, arguing that prosperity cannot be achieved by imposing heavier taxes on an already impoverished population. In a statement titled “Prosperity cannot come by taxing Poverty”, Obi stressed that honest leadership, transparency, and fairness are central to sustainable economic growth. He criticised a revenue-driven approach that prioritises government income over citizens’ welfare and highlighted a tax fraud controversy, claiming that the law being enforced differs from what was passed by the National Assembly. Obi called for a people-centered tax system that supports enterprise, protects the vulnerable, and restores public trust, insisting that wealth creation depends on production, not excessive taxation.
0 Comments
·0 Shares
·431 Views
