Saturday, November 7, 2026
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
No Result
View All Result

Why labour is against proposed tax bill – Osifo

Robert Imoh by Robert Imoh
May 1, 2025
in News
0
Share on FacebookShare on TwitterShare on Whatsapp

The President, Trade Union Congress (TUC), Mr Festus Osifo, says the organised labour is against the proposed tax bills by the Federal Government because it imposes heavy burdens on workers’s meager allowances.

Speaking during the 2025 May Day celebration in Abuja, Osifo criticised the bills for “disproportionately targeting workers while sparing the wealthy and corporate elites”.

He expressed strong opposition to the bill by the Federal Government, describing it as “anti-worker”.

“The tax proposals were drafted without the involvement of workers.

“They impose heavy burdens on our meager allowances —housing, transport, and even medical benefits, yet fail to promote a progressive taxation system that ensures the rich pay their fair share,” he said.

Specifically, Osifo decried the plan to peg the minimum taxable income at N800,000 per annum, noting that the figure was only marginally below the newly agreed National Minimum Wage of N840,000 annually (N70,000 monthly).

“How can you tax someone earning, approximately the cost of just eight bags of 50kg rice in a year?

“This policy shows insensitivity to the plight of Nigerian workers amid soaring inflation and economic hardship,” he added.

He further criticised the proposed expansion of the Value Added Tax (VAT) on essential goods and the introduction of new levies, warning that such measures would escalate the cost of living and disproportionately affect the poor.

The TUC president also highlighted the pressures faced by the informal sector, alleging that small-scale traders and artisans will be subjected to presumptive taxation and excessive compliance costs.

“We demand the immediate withdrawal of the anti-worker tax bill.

“Nigeria needs a fair and inclusive tax system, one that exempts essential goods from VAT and provides real support to the informal sector,” he said.

On electoral matters, Osifo called for urgent reforms to address what he described as “a crisis of political legitimacy in Nigeria”.

He urged President Bola Tinubu and the National Assembly to initiate a broad-based and inclusive electoral reform process.

“This is not a partisan issue, but a patriotic duty.

“Stakeholders, including workers, civil society groups, political actors, and youths must come together to reshape our electoral system to ensure transparency, accountability, and genuine participation,” he said.

Osifo stressed that credible elections are essential to building a just, equitable, and progressive society.

Share25Tweet16Send
Previous Post

Tinubu embarks on 2-day visit to Katsina

Next Post

Workers’ Day: Ajaero decries economic hardship, calls for unity among workers

Next Post

Workers’ Day: Ajaero decries economic hardship, calls for unity among workers

Phase 1 Lagos-Calabar Coastal Highway 70% completed, delivery January 2026  

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://freedomonline.com.ng/wp-content/uploads/2026/04/VID-20260408-WA0025.mp4
https://freedomonline.com.ng/wp-content/uploads/2025/01/5aeac180-db4e-4e7c-bd37-07ddbf15b053.mp4

Popular Stories

Plugin Install : Popular Post Widget need JNews - View Counter to be installed

Latest Stories

Tinubu and Tompolo

Tompolo and the coming Tinubu electoral victory tsunami, by Jack Okude

November 7, 2026
Flamingos

Nigeria’s Flamingos defeat Japan 2-1, win FIFA Under-17 Women’s World Cup

November 7, 2026
From left: The Alara of Ilara, Oba Olufolarin Olukayode Ogunsanwo; the Director of Partnerships, Institute for Economics and Peace, Lea Prekerests;
RI President Olayinka Babalola; The Rotary Foundation Trustee, Ijeoma Pearl Okoro; and the Chair of Central Planning Committee of All Nigeria Peace Summit, Dr. Kazeem Mustapha, at the opening of the summit in Lagos...on Saturday.
PHOTO: ROTARY INTERNATIONAL

Nigeria must nurture peace from grassroots, says Rotary International President

November 7, 2026
Buhari and Amaechi

Amaechi: Buhari promised me APC presidential ticket, I shouldn’t have listened to him

November 7, 2026
Uzodimma, Wike and Kalu

Uzodimma, Wike, Kalu in Port Harcourt

November 7, 2026
Uzodimma

Uzodimma urges South-East leaders to negotiate interest with FG

November 7, 2026

Fani-Kayode disowns senior counsel designation

November 7, 2026
Freedom Online

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.

Navigate Site

  • Home
  • News
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates

Follow Us

No Result
View All Result

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.