Peter Obi, the 2023 Labour Party presidential candidate, has expressed support for the ongoing tax reform efforts in Nigeria, emphasizing the need for a thoughtful and transparent approach.
The proposed tax reforms, which have already passed their second reading in the Senate, include several bills such as the Joint Revenue Board of Nigeria (Establishment) Bill, 2024-SB.583, the Nigeria Revenue Service (Establishment) Bill, 2024-SB.584, the Nigeria Tax Administration Bill, 2024-SB.585, and the Nigeria Tax Bill, 2024-SB.586.
Despite the passage of these bills, they have sparked significant debate, with critics alleging that the government is unfairly targeting certain regions, particularly the North, potentially undermining vital government initiatives.
In response, Obi stated that tax reform is a necessary undertaking, but it must be approached with careful consideration and an emphasis on public trust.
He highlighted the importance of robust public discussions on the reforms, calling for a public hearing to ensure that Nigerians from all walks of life can provide input.
Obi emphasized that such reforms should never be rushed and must undergo thorough scrutiny to reflect the diverse views of the populace.
He stressed that tax reform should not only focus on increasing government revenue but also consider the broader implications for the country’s development and the well-being of all regions.
Furthermore, Obi called for the government to engage in a public sensitization campaign to ensure that the people understand and support any policy changes.
