By Our Reporter
In a significant step towards easing the financial burden on Nigerian citizens, the House of Representatives on Thursday, October 10, 2024, adopted a motion presented by the Member Representing Anambra East and West Federal Constituency Hon. Peter Anekwe.
The motion, titled “Need for Government Sensitivity to the Plight of the Masses and the Call to Refrain from Shifting Economic Burden through Unnecessary and Multiple Taxation,” addresses concerns over excessive taxation and its impact on Nigerians.
During his lead debate, Hon. Anekwe emphasized the need for a fairer and more balanced approach to taxation. He noted that while taxes are crucial for government revenue, the current system disproportionately affects citizens, particularly through levies on essential goods and services. Anekwe urged the government to review its tax policies to prevent unnecessary and overlapping taxes, which place undue strain on the public.
According to a statement released by Macpee Media Center, the House also directed the Committee on Finance and the Federal Inland Revenue Service (FIRS) to review existing tax laws within three weeks. The aim is to streamline the tax structure, eliminate redundant taxes, and relieve Nigerians of double taxation, while maintaining sustainable government revenue.
Moreover, Hon. Anekwe’s motion called for exploring alternative revenue sources, such as broadening the tax base to include high-income earners, boosting agricultural exports, and improving the enforcement of current tax laws.
The House of Representatives further resolved that the National Orientation Agency (NOA) should conduct awareness campaigns to educate Nigerians on their tax rights and obligations. Citizens were encouraged to report instances of unjust taxation.
This development underscores Hon. Peter Anekwe’s dedication to the welfare of his constituents and the nation at large. His motion exemplifies his commitment to advocating for policies that prioritize the economic well-being of Nigerians, ensuring that their interests remain at the forefront of his representation in the House of Representatives.
