The Labour Party (LP) presidential candidate in 2023, Mr Peter Obi has given three conditions for approval on President Tinubu’s proposed tax reforms, stressing the importance of thorough deliberation
Obi shared his thoughts on the tax reform bill through a statement on his X handle (formerly known as Twitter).
He highlighted the importance of gaining public support for these reforms, emphasizing that trust is essential for their successful implementation. Without this trust, he cautioned, there is a risk that the policies might not achieve their intended goals. …CONTINUE READING
Obi emphasised the need for comprehensive public engagement and transparency in the process.
Obi expressed his opinion about the tax reform bill in a statement shared via his X handle (formerly known as Twitter).
“Tax reform is a critical issue, and there is nothing wrong with pursuing it,” Obi stated.
Obi stressed the importance of holding public hearings where Nigerians from diverse backgrounds can contribute their opinions. “Public hearings are essential for building public trust and ensuring inclusivity in policymaking,” Obi said.
Obi pointed out that policies of this magnitude require extensive deliberation and should never be rushed.
He highlighted that public hearings would ensure that a wide range of perspectives is incorporated into policy decisions. “It’s not enough to focus only on revenue collection benefits for the government. We must consider the broader impact on the nation and the sustainability of all its regions,” he explained.
“Trust and legitimacy are the foundation of effective governance, and without them, even the best-intended reforms may fail,” Obi added.