The Nigeria Labour Congress, (NLC), has warned that heavy taxation, low wages and the country’s growing debt burden pose serious threats to Nigeria’s economic and democratic stability, as it strongly condemned the Federal Government’s newly introduced tax laws. In a statement issued yesterday, NLC President, Joe Ajaero, described the new tax regime as regressive and harmful to workers and low-income Nigerians, arguing that the policies worsen poverty and deepen inequality at a time when citizens are already grappling with high inflation and declining purchasing power. Ajaero faulted the process that…
Read More‘Heavy taxes, low wages, rising debt threaten stability’ – NLCÂ
