•Tinubu
The Niger Delta Youth Congress (NDYC) has rejected the proposed Tax Reform Bill introduced by the Tinubu administration, describing it as one that “represents an alarming departure from the principles of equity and shared prosperity upon which our nation was built.”
The youths disclosed this yesterday in a statement signed and released by the National Coordinator, NDYC, Comrade Israel Uwejeyan.
The group noted that the bill is riddled with structural flaws, and would widen the gap between the privileged few and the suffering majority, reports Nigerian Tribune.
The statement reads, “This bill, while masquerading as a solution to Nigeria’s fiscal challenges, is riddled with structural flaws that disproportionately favor a select few regions, leaving the vast majority of Nigerians — particularly those in historically exploited areas like the Niger Delta — further marginalised and disenfranchised.
“We must remind the nation that during the era of the groundnut pyramids, the wealth generated from the agricultural bounty of the north was used to construct critical infrastructure in southern Nigeria, including ports, railroads, and industrial hubs.
“This era symbolised a vision of collective national development, where the resources of one region fueled the progress of the entire country.
“Yet today, we are faced with a reform that seeks to dismantle this spirit of shared prosperity by concentrating benefits in a few industrialized states while neglecting regions that continue to suffer from decades of exploitation and underdevelopment.
“The Niger Delta has borne the brunt of this historical injustice. For decades, the region’s oil wealth has fueled the economic engine of Nigeria, yet its people remain mired in poverty, environmental degradation, and systemic neglect.
“The proposed tax reforms do nothing to address these imbalances; instead, they risk further entrenching them.
“By centralising tax administration and prioritising states with established industrial bases, this bill undermines the principles of federalism and equitable resource distribution. It is an affront to the very idea of Nigeria as a united and just federation.
“Furthermore, the lack of stakeholder consultation in drafting this bill is deeply troubling.
“Tax reforms of this magnitude should not be imposed without broad-based input from all sectors of society, including state governments, traditional rulers, civil society organizations, and representatives of marginalised communities.
“The rushed and opaque process by which this bill was introduced not only undermines its legitimacy but also exposes it as an ill-conceived attempt to impose fiscal uniformity without considering the diverse realities of our nation.
“This bill also fails to alleviate the economic hardships faced by ordinary Nigerians.
“While its proponents claim it seeks to reduce tax burdens on low-income earners, the reality is that it disproportionately benefits large businesses and wealthy states while leaving small-scale entrepreneurs and struggling families vulnerable.
“At a time when inflation is soaring and the cost of living is unbearable, this reform offers little relief to the millions of Nigerians who are already teetering on the brink of economic collapse.
“We call on the National Assembly to reject this bill and instead champion reforms that reflect the aspirations of all Nigerians.
“Let us build a tax system that uplifts every region, respects the sacrifices of the Niger Delta, and honours the legacy of shared development that once defined our nation.
“The NDYC remains committed to advocating for policies that promote justice and equity, and we will not relent in our fight for a Nigeria that works for all its people.”
