Onyebuchi Ezigbo in Abuja
The National Leader of the All Progressives Congress (APC) Ahmed Tinubu, has asked the Federal Government not raise the Value Added Tax (VAT) as it will inflict more pain on the people.
Tinubu who was advising the President Muhammadu Buhari-led APC administration on how to deal with present economic challenges in the country said that any additional tax will reduce the purchasing power of Nigerians.
“Let me appeal to Vice President Yemi Osinbajo and his team to put a huge question mark on anything that concerns VAT.
“If we reduce the purchasing power of the people it can further slow down the economy. Let us widen the tax net. Those who are not paying now even inclusive Bola Tinubu, let the net get bigger and we take in more taxes and that is what we must do in this country,” he said.
Tinubu also advised FG against pushing for additional layer of taxes but instead he said efforts should be made to…
