{"id":115469,"date":"2024-12-02T02:32:23","date_gmt":"2024-12-02T01:32:23","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=115469"},"modified":"2024-12-02T02:32:23","modified_gmt":"2024-12-02T01:32:23","slug":"ohanaeze-ndigbo-backs-tinubus-tax-reforms-says-north-is-jittery-of-losing-illicit-gains","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/ohanaeze-ndigbo-backs-tinubus-tax-reforms-says-north-is-jittery-of-losing-illicit-gains\/","title":{"rendered":"Ohanaeze Ndigbo Backs Tinubu\u2019s Tax Reforms &#8211; Says North Is Jittery Of Losing Illicit Gains"},"content":{"rendered":"<div id=\"m#msg-f:1817261393270544870\" class=\"mail-message expanded\">\n<div class=\"mail-message-header spacer\" style=\"text-align: justify;\">The Igbo socio-cultural organization, Ohanaeze Ndigbo, has declared total support for the proposed tax reforms by President Bola Tinubu, adding that the proposals are in the interest of the Igbo nation.<\/div>\n<div id=\"m#msg-f:1817261393270544870-content\" class=\"mail-message-content collapsible zoom-normal mail-show-images \" style=\"text-align: justify;\">\n<div class=\"clear\">\n<div dir=\"auto\">\n<div dir=\"auto\">\nThe group, in a statement on Sunday by its factional Secretary General, Okechukwu Isiguzoro, said they declared support for the proposed tax reforms after a deep study of the contents and consultations with stakeholders.<\/p>\n<p>According to\u00a0Ohanaeze Ndigbo, the reforms will rejuvenate the Small and Medium Enterprises (SMEs), enhance the fortunes of Nigerian workers, and eliminate the scourge of double taxation.<\/p>\n<p>The group also expressed concerns about the antagonism against the proposed reforms, alleging specifically that the Northern region is jittery of losing illicit gains if the bill is approved by the National Assembly.<\/p>\n<p>\u201cIn an emphatic affirmation of progress and economic empowerment, Ohanaeze Ndigbo, the Igbo apex socio-cultural organization representing the Igbo nation, hereby announces its steadfast endorsement of President Bola Ahmed Tinubu\u2019s proposed Tax Reforms Bills.<\/p>\n<p>\u201cThis endorsement comes after rigorous reviews, exhaustive consultations with an array of stakeholders, and an in-depth analysis of the bills\u2019 implications for the Nigerian economic landscape.<\/p>\n<p>\u201cOur comprehensive evaluation has led us to the resolute conclusion that these tax reforms are not merely legislative proposals; they represent a transformative opportunity for the rejuvenation of Small Medium Enterprises (SMEs) and the enhancement of the fortunes of Nigerian workers.<\/p>\n<p>\u201cBy eliminating the scourge of double taxation imposed by unscrupulous state governors, these reforms will pave the way for an equitable business climate that significantly elevates both local and foreign investment potential.<\/p>\n<p>\u201cThe Igbo people, renowned for our entrepreneurial spirit and unwavering commitment to economic self-determination, stand to gain immensely from these reforms. The proposed measures are expected to safeguard the private sector, particularly benefiting the industrious Igbos who play a pivotal role in driving the Nigerian economy through vibrant SME activities.<\/p>\n<p>\u201cIn an environment characterized by fairness and transparent regulations, we are confident that the majority of the benefits arising from these tax reforms will bolster our( Igbo) endeavors, facilitating growth and fostering robust business opportunities,\u201d the group submitted.<\/p>\n<p>Ohanaeze, therefore appealed to all southern federal lawmakers in the National Assembly to work together towards ensuring the tax reform bills are approved by the legislators.<\/p>\n<p>The group added that the decision to support the tax reforms aligns with an earlier decision to ignore the planned protests against the policies of the\u00a0Tinubu government.<\/p>\n<p>\u201cIn light of these compelling advantages, Ohanaeze Ndigbo ardently calls upon all Southern Federal Lawmakers(Senators &amp; House of Reps Members)\u2014both in the Senate and the House of Representatives\u2014to unify their efforts in support of President Tinubu\u2019s transformative restructuring program within Nigeria\u2019s economic and fiscal sectors.<\/p>\n<p>\u201cIt is imperative that our Southern Senators and House Of Representatives members close ranks, transcending partisan divides, to ensure that the Tax Reforms Bills navigate both chambers of the National Assembly successfully.<\/p>\n<p>\u201cWe wish to reiterate our unwavering commitment to show solidarity with President Tinubu, as we expect that the Southeast Federal Lawmakers will provide essential backing to these initiatives.<\/p>\n<p>\u201cThis collective support is particularly noteworthy as it underscores our strategic alignment with the President following our decision to abstain from nationwide protests in August 2024, a decision made in the spirit of dialogue and cooperation,\u201d\u00a0it stated.<\/p>\n<p>On the opposition from some leaders in the northern region against the proposed tax reforms, Ohanaeze submitted that the northerners are only trying to frustrate the bill because the status quo favours their selfish interest at the expense of national growth.<\/p>\n<p>It urged all stakeholders to support the proposals as it promises sustainable economic growth towards a prosperous Nigeria.<\/p>\n<p>\u201cNonetheless, it is disheartening to observe the substantial opposition that has emerged from certain quarters within Northern Nigeria regarding these critical reforms.<\/p>\n<p>\u201cThere is palpable concern that Northern governors are mobilizing their forces to stifle the progression of the Tax Reforms Bills within the National Assembly, relying on their numerical predominance to assert undue influence.<\/p>\n<p>\u201cThis orchestrated opposition appears driven by a desire to perpetuate the current VAT derivation principles that unjustly favor select interests at the expense of equitable national growth.<\/p>\n<p>\u201cThe implications of such maneuvers are profound. If the Northern political elites succeed in thwarting President Tinubu\u2019s initiatives, it could set a dangerous precedent, fostering a climate of resistance against meaningful reform. This scenario poses a tangible threat not only to the President\u2019s agenda but also to the broader economic aspirations of millions of Nigerians who yearn for a reformed and equitable system.<\/p>\n<p>\u201cMoreover, it cannot be overlooked that a successful passage of the Tax Reforms Bills could have far-reaching consequences for President Tinubu\u2019s administration, potentially inciting a politically motivated backlash in the 2027 electoral landscape. It is essential that we, as a nation, confront these challenges decisively, fostering a collaborative spirit to advance our collective interests rather than allowing parochial motivations to derail our progress.<\/p>\n<p>\u201cIn conclusion, Ohanaeze Ndigbo urges all stakeholders, including lawmakers, business actors, and citizens, to unite in support of these pivotal Tax Reforms Bills.<\/p>\n<p>\u201cThe promise of a prosperous and just Nigeria is within our reach, but it demands our collective resolve to advocate for transparency, equity, and sustainable economic growth.<\/p>\n<p>\u201cTogether, let us champion an agenda that uplifts all Nigerians and ensures that our legislative processes reflect the aspirations of a nation committed to progress and integrity,\u201d\u00a0the statement concluded.<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"mail-message-footer spacer collapsible\" style=\"text-align: justify;\"><\/div>\n<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The Igbo socio-cultural organization, Ohanaeze Ndigbo, has declared total support for the proposed tax reforms by President Bola Tinubu, adding that the proposals are in the interest of the Igbo&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":109442,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-115469","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ohanaeze Ndigbo Backs Tinubu\u2019s Tax Reforms - Says North Is Jittery Of Losing Illicit Gains - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/news\/ohanaeze-ndigbo-backs-tinubus-tax-reforms-says-north-is-jittery-of-losing-illicit-gains\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ohanaeze Ndigbo Backs Tinubu\u2019s Tax Reforms - Says North Is Jittery Of Losing Illicit Gains - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"The Igbo socio-cultural organization, Ohanaeze Ndigbo, has declared total support for the proposed tax reforms by President Bola Tinubu, adding that the proposals are in the interest of the Igbo&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pointblanknews.com\/pbn\/news\/ohanaeze-ndigbo-backs-tinubus-tax-reforms-says-north-is-jittery-of-losing-illicit-gains\/\" \/>\n<meta property=\"og:site_name\" content=\"Pointblank News\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-02T01:32:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2023\/12\/Ohanaeze.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"698\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Our Reporter\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Our Reporter\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/ohanaeze-ndigbo-backs-tinubus-tax-reforms-says-north-is-jittery-of-losing-illicit-gains\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/ohanaeze-ndigbo-backs-tinubus-tax-reforms-says-north-is-jittery-of-losing-illicit-gains\/\"},\"author\":{\"name\":\"Our Reporter\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"headline\":\"Ohanaeze Ndigbo Backs Tinubu\u2019s Tax Reforms &#8211; 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