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Peter Obi calls for inclusive Tax Reform through public debate and hearings

Nathaniel Irobi by Nathaniel Irobi
December 3, 2024
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Peter Obi calls for inclusive Tax Reform through public debate and hearings
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The 2023 Labour Party Presidential candidate, Peter Obi, has emphasized the importance of tax reform and the need for a robust and informed public debate on the critical issue.

Mr. Obi in a tweet on Tuesday, tressed that any reform must be subject to extensive deliberation and careful consideration, ensuring that diverse opinions and inputs are taken into account.

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He also highlighted the importance of public hearings, which would enable the broadest spectrum of public opinion to be reflected in public policy.

He emphasized that the government must prioritize transparency, deliberation, and public engagement to build a truly participatory democracy.

Read full statement below:

TAX REFORM IS A CRITICAL ISSUE, AND THERE IS NOTHING WRONG WITH PURSUING IT.

“However, such reform must be subject to robust and informed public debate. A public hearing on tax reform is essential, allowing Nigerians from all walks of life to engage meaningfully. This is how we build public trust and ensure inclusivity in policymaking.

Matters of this magnitude require extensive deliberation and careful consideration—they should never be rushed.

Public hearings must be conducted to allow for diverse opinions and inputs.

Such public hearing would also enable the broadest spectrum of public opinion to be reflected in public policy.

When considering tax reforms and similar issues, it is insufficient to focus solely on the benefits to the government, particularly in terms of increasing revenue collection.

ALSO READ:  NAICOM boss affirms insurance sector’s commitment to grow $1trn economy

We must also take into account the overall impact on the nation and the sustainability of all its regions.

Furthermore, the government must sensitize the people and secure their buy-in for any policy changes.

Trust and legitimacy are the foundation of effective governance, and without them, even the best-intended reforms may fail.

Let us prioritize transparency, deliberation, and public engagement in charting the path forward. This is how we build a truly participatory democracy.

A new Nigeria is POssible!

-PO

Tags: Tax Reform
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