Tinubu opposes Buhari administration's plan to increase VAT

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Bola Tinubu said an increase in VAT will reduce the purchasing power of Nigerian consumers.

The national leader of Nigeria’s ruling party has opposed the federal government’s plan to increase the Value Added Tax .

“This is why I appeal on Mr Osinbajo and his team to put a huge question mark on any increase on VAT please…”, Mr Tinubu said. The comment by the former Lagos State governor is coming barely hours after Minister of Finance, Zainab Ahmed, said the administration hasMrs Ahmed who spoke at the public hearing on the 2019 budget organised by the Senate and House of Representatives committees on appropriation Wednesday said the federal government has devised a new revenue initiative to increase revenue to fund this year’s budget.

Opposing any plan to increase taxes, Mr Tinubu said the government should rather widen the tax net and include those who are not yet being taxed. “Let’s make the nets get bigger so we take in more taxes.Voices Against Tax Increase

 

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You have to understand where BAT is coming from. He is a manager of people, plus he listens to everyone but most of all to the ordinary folks. Most people still do not/will not know this is his strength as a grassroots person. Those who do, envy him and antagonize him for it.

Increase in VAT will b so terrifying....

Is he speaking from his heart of from his mouth?

No sensible Nigerian will call for increment of VAT at this point in time where the masses are just trying hard to survive.

Lol! If you like, let them fool you! It's all part of the game

Good cop, bad cop. Let the games begin.....

Here starts the fight. Buhari will soon remember the bullion van.

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