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Nairaland Forum / Nairaland / General / Politics / PDP Rejects Decision To Increase VAT, Urges NASS To Protect Nigerians (257 Views)
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PDP Rejects Decision To Increase VAT, Urges NASS To Protect Nigerians by Timer02: 1:40pm On Sep 13, 2019 |
The Peoples Democratic Party (PDP) has condemned and totally rejected the decision by the Federal Government to increase the Value Added Tax (VAT) from 5% to excruciating 7.2%, saying Nigerians cannot bear such burden under the prevailing agonizing economic situation. The party says the decision is anti-people, suppressive and further confirmed the Buhari Presidency as extremely exploitative, inconsiderate and absolutely insensitive to the sufferings which it has plunged Nigerians into in the last four years. The PDP insists that the decision to increase VAT on already impoverished citizens is in bad faith and cannot be justified under any guise. “Indeed, only an administration that does not have the mandate of the people can seek to adopt such oppressive stance against its citizens. “President Buhari ought to be aware that an increase in VAT will worsen our decrepit economy and put more pressure on families and business as it will result in increase in costs of goods and services that have direct bearing on the welfare of the people. “Our party charges the Buhari Presidency not to further punish Nigerians by imposing harsh tax regime to make up for its crass incompetence and lack of capacity to effectively harness and manage our resources to create wealth for the benefit of the people” PDP stated. READ ALSO Military, police stationed at Shoprite Abuja The party in a statement by its spokesman, Mr Kola Ologbondiyan said the decision to increase VAT is more painful because the government cannot account for much of the resources under its disposal. “It is more painful that the Buhari Presidency cannot give account of the huge resources at its disposal, including the taxes it has been collecting in the last four years, most of which are frittered to service the wasteful lifestyle of the cabal at the Presidency and APC chieftains. “Instead of foisting more tax burden on Nigerians, the PDP charges President Buhari to account for and recover the over N14 trillion oil money established to have been stolen under his watch in the last four years,” the PDP claimed. The party said it is disheartening that at the time Nigerians ought to be enjoying the economic recovery and empowerment blueprint set out by its Presidential candidate – Atiku Abubakar, which included slash in taxes and levies, they are rather faced with an unjustifiable and indefensible tax increase. The PDP therefore urged the National Assembly to protect Nigerians and save the nation from collapse by rejecting the government’s decision which the party termed as “injurious”. Credit: ChannelsTv https://www.news9naija.com.ng/2019/09/13/pdp-rejects-decision-to-increase-vat-urges-nass-to-protect-nigerians/ |
Re: PDP Rejects Decision To Increase VAT, Urges NASS To Protect Nigerians by Timer02: 1:47pm On Sep 13, 2019 |
Re: PDP Rejects Decision To Increase VAT, Urges NASS To Protect Nigerians by ZombieTAMER: 3:28pm On Sep 13, 2019 |
PDP should please save Nigeria from Buhari lifelessness and evil .... Only fools and dead things support this cow government Nigeria is the poverty capital of the world today Nigeria is the suicide capital of the world today Facts don't lie... |
Re: PDP Rejects Decision To Increase VAT, Urges NASS To Protect Nigerians by Lawalatm: 3:51pm On Sep 13, 2019 |
Now PDP is beginning to play the Opposition role |
Re: PDP Rejects Decision To Increase VAT, Urges NASS To Protect Nigerians by simonlee(m): 4:30pm On Sep 13, 2019 |
7.5% VAT increase to commemorate the new minimum wage increase! Its simply giving with one hand and collecting with the other. This is the deal... no hard feelings! |
Re: PDP Rejects Decision To Increase VAT, Urges NASS To Protect Nigerians by jkendy(m): 4:34pm On Sep 13, 2019 |
If only the NASS is made up of souls who have the interest of poor man at heart, this call will be respected but if not, then it's a tougher time in this NEXT LEVEL of ladder climbing with 7.5% VAT Welcome to the world of hardship!!! |
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