The Nigeria Labour Congress, NLC and An international human rights advocate, Actionaid Nigeria Have vowed to reject any increase on value Added tax, VAT by 2.5 percent
Both the Workers body and the advocacy group were speaking at a two day Tax Summit at Barcelona Hotel, Wuse 11, in Abuja, where they threatened to seek the support of other concerned Nigerians and organisations to ensure the new tax regime does not succeed.
Eustace James a representative of the NLC president Ayuba Wabba said..." NLC noted that the VAT increase and the TIN Policy are not well thought out and so the NLC outrightly oppose to it..."
While the NLC argues that it will erode the gains of the hard fought N30,000 minimum wage, Actionaid says it will further impoverish citizens
"...we don't understand what they are saying. There is alot of confusion in the air. If they don't clear the air, we will protest.." Ene Obi, ACTIONAID Nigeria Country Director said.
On the vexed issue of imposing compulsory Tax Identification Number, TIN on all Nigerians who operate a bank account, including school children, the two groups describe the move as 'a joke of the year'.
The minister of finance, Zainab Ahmed had issued a statement calling on all Nigerians, including children with bank accounts, to obtain a Tax Identification Number, Before January, 2, 2020 or loss the account.
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