Tax Reform: Nigerians push back, as Obi demands transparency

Nigerians push back on tax reform

…Melaye threatens legal action A growing national backlash is trailing President Bola Tinubu’s proposed tax reforms as labour unions, civil society groups, opposition figures and a former senator raise economic, transparency and constitutional concerns over the government’s fiscal agenda. At the centre of the controversy is the planned increase in Value Added Tax (VAT) from 7.5% to 12.5 per cent in 2026, with a further rise to 15% by 2030. The proposal has drawn sharp criticism from Nigerians who argue that higher consumption taxes will deepen hardship for low-income earners…

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