The long wait is over. Former Labour Party presidential candidate Mr Peter Obi has finally entered the contentious debate surrounding President Bola Tinubu’s tax reform bills, which have deeply divided political figures and economists alike.
Four executive bills are currently in parliament and had quickly passed their second reading. (1) Nigeria Tax Bill 2024, (2) Tax Administration Bill, (3) Nigeria Revenue Service Establishment Bill, and (4)Joint Revenue Board Establishment Bill:
.However, some stakeholders disagree with the government’s assertion that the reform bills are intended to spur economic growth. They believe some sections of the proposals may favour specific regions of the country over others.
Obi, known for his image of prudence and integrity, has joined the call for more consultations on such crucial matters as tax reform. He emphasized the necessity of transparency, inclusivity, and public trust in policymaking.
Calls For Public Hearings
In a statement posted on his official X handle on Monday, December 1, Obi stated, “Tax reform is a critical issue, and there is nothing wrong with pursuing it.”
However, he stressed that reform must involve robust and informed public debate. “Public hearings on tax reform are essential, allowing Nigerians from all walks of life to engage meaningfully,” he remarked.
Obi believes that these public hearings will foster public trust and ensure inclusivity in policymaking.
He argued that matters of this magnitude require extensive deliberation and careful consideration that “should never be rushed.”
“Such public hearings would enable the broadest spectrum of public opinion to be reflected in public policy,” he added.
Obi also raised the importance of considering the overall impact on the nation and the sustainability of all its regions when making any central policy. “It is inadequate to focus solely on the benefits to the government, particularly regarding increased revenue collection,” he said.
The politician, after whom a political movement is named, the #Obidients, urged the government to understand the importance of sensitizing citizens and securing their support for any policy changes. “Trust and legitimacy are the foundation of effective governance, and without them, even the best-intended reforms may fail,” he lectured.
Obi concluded by advising the government to prioritize transparency, deliberation, and public engagement in the future. “This is how we build a truly participatory democracy,” he said.
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