Peter Obi, the Labour Party (LP) presidential candidate in the 2023 general election, has urged the federal not to be in a rush to get the tax reform bills approved by the National Assembly.
In a statement on Monday, Obi said though the reform of the Nigerian tax system is important, it is very necessary to get the inputs of Nigerians and allow the process to be transparent.
Obi said “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.”
The former governor of Anambra State stressed that a public hearing would foster trust and inclusivity, and ensure that the policy reflects the needs and perspectives of all citizens.
“Matters of this magnitude require extensive deliberation and careful consideration—they should never be rushed,” he added.
He stated that, “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.”
Obi stressed the importance of balancing government’s revenue goals with the broader implications of tax reforms, and cautioned against focusing solely on the fiscal benefits while neglecting their impact on citizens’ welfare.
“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.”
Obi urged the government to prioritize transparency and public engagement in its decision-making process, so as to “build a truly participatory democracy.”