Tinubu’s tax bills anti-workers, should be withdrawn – Osifo

 

Festus Osifo, President of the Trade Union Congress (TUC), has expressed strong opposition to the tax reform bills introduced by President Bola Tinubu’s administration, describing them as “anti-workers” and urging their withdrawal.

Osifo’s criticism centers on the bills’ potential to disproportionately impact workers and the broader Nigerian populace. He emphasizes that the proposed reforms could exacerbate existing economic challenges, particularly for the working class. The TUC leader calls for a comprehensive review and consultation process to ensure that the tax reforms do not adversely affect workers’ welfare.

The proposed tax reform bills, which include the Joint Revenue Board of Nigeria (Establishment) Bill, the Nigeria Revenue Service (Establishment) Bill, the Nigeria Tax Administration Bill, and the Nigeria Tax Bill, have been a subject of intense debate. While some stakeholders argue that the reforms are necessary for modernizing Nigeria’s tax system, others, including Osifo, contend that they could lead to increased financial burdens on workers and the general public.

In response to these concerns, Osifo urges the National Assembly to engage in more inclusive consultations with Nigerian workers and other relevant stakeholders before proceeding with the passage of the bills. He stresses the importance of ensuring that any tax reforms implemented are fair, equitable, and considerate of the economic realities faced by the working class.

The TUC’s stance reflects a broader call for a balanced approach to tax reform—one that considers the needs and welfare of all Nigerians, particularly those in the workforce. As discussions continue, it remains to be seen how the National Assembly will address these concerns and whether the proposed tax reforms will undergo significant revisions.