The National President of Nigeria Labour Congress, Comrade Joe Ajaero has criticized the lack of consultation with NLC and other stakeholders in the formulation of the Tax Reform Bills saying that the bills would exacerbate the tax burden on Nigerian worker, particularly those earning above ₦70, 000 monthly.
The Labour President stated this at the Central Working Committee Meeting of the Nigeria Labour Congress and the Launching of South-West Compressed Natural Gas Buses held in Ibadan, Oyo state. Speaking with Journalist, The National President Nigeria Labour Congress, Comrade Joe Ajaero argued that the proposed tax reform would lead to double taxation and indirect taxation which would affect all Nigerian workers.
He noted that the current tax regime already imposes significant burdens on workers, with additional taxes on every day transactions, such as VAT and POS charges stresses that the taxes disproportionately affect low-income workers and the downtrodden.
Earlier In his lecture Titled “Dialogue On “Tax Reform Bill” the guest lecturer Prof. Godwin Oyedokun, professor of Accounting and Financial Development, Leed City University, Ibadan, urged the Nigeria Labour Congress (NLC) to scrutinize the proposed Personal Income Tax rate emphasizing that the NLC must carefully analyze the implications of the new tax rate on workers’ salaries, ensuring they understand the mathematical calculations involved.
Oyo State Governor Engr. Seyi Makinde who was represented by the deputy governor, Barr. Adebayo Lawal, pledged the state’s collaboration with the federal government to provide Compressed Natural Gas (CNG) buses for workers in the state, while he commission the buses.
