The Labour Party (LP) presidential candidate in the 2023 general election, Peter Obi, has expressed support for tax reform but cautioned against rushing the process, stressing the need for transparency, public engagement, and careful deliberation.
The proposed legislation, which seeks to prioritise the location of consumption as the basis for sharing Value Added Tax (VAT), has faced widespread resistance, particularly from northern stakeholders, including governors, traditional rulers, and the Northern Elders Forum.
Despite this opposition, Tribune Online reports that the Senate passed the bills for a second reading on Thursday amid a rowdy plenary session.
In a statement on X on Monday, the former Governor of Anambra State reacted to the proposed bills and argued that meaningful reforms require inclusive public hearings where Nigerians from diverse backgrounds can contribute their perspectives.
He emphasised that such engagement fosters trust and ensures that…