{"id":69097,"date":"2019-09-13T02:32:43","date_gmt":"2019-09-13T01:32:43","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=69097"},"modified":"2019-09-13T02:32:43","modified_gmt":"2019-09-13T01:32:43","slug":"pdp-rejects-buharis-decision-to-increase-vaturges-nass-to-protect-nigerians","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/other-news\/pdp-rejects-buharis-decision-to-increase-vaturges-nass-to-protect-nigerians\/","title":{"rendered":"PDP Rejects Buhari\u2019s Decision To Increase VAT\u2026Urges NASS To Protect Nigerians."},"content":{"rendered":"<div id=\"m6589791277595242591\" class=\"mail-message expanded\">\n<div class=\"mail-message-header spacer\"><\/div>\n<div class=\"mail-message-content collapsible zoom-normal mail-show-images \">\n<div class=\"clear\">The Peoples Democratic Party (PDP) condemns and totally rejects the<br \/>\ndecision by President Muhammadu Buhari and his officials to increase the<br \/>\nValue Added Tax (VAT) from 5% to excruciating 7.2%, saying Nigerians<br \/>\ncannot bear such burden under the prevailing agonizing economic<br \/>\nsituation.<\/p>\n<p>The party in a statement signed by Kola Ologbondiyan\u00a0 says &#8220;the decision<br \/>\nis anti-people, suppressive and further confirmed the Buhari Presidency<br \/>\nas extremely exploitative, inconsiderate and absolutely insensitive to<br \/>\nthe sufferings which it has plunged Nigerians into in the last four<br \/>\nyears.<\/p>\n<p>&#8220;The PDP insists that the decision to increase VAT on already<br \/>\nimpoverished citizens is in bad faith and cannot be justified under any<br \/>\nguise.<\/p>\n<p>&#8220;Indeed, only an administration that does not have the mandate of the<br \/>\npeople can seek to adopt such oppressive stance against its citizens.<\/p>\n<p>&#8220;President Buhari ought to be aware that an increase in VAT will worsen<br \/>\nour decrepit economy and put more pressure on families and business as<br \/>\nit will result in increase in costs of goods and services that have<br \/>\ndirect bearing on the welfare of the people.<\/p>\n<p>&#8220;Our party charges the Buhari Presidency not to further punish Nigerians<br \/>\nby imposing harsh tax regime to make up for its crass incompetence and<br \/>\nlack of capacity to effectively harness and manage our resources to<br \/>\ncreate wealth for the benefit of the people.<\/p>\n<p>&#8220;It is even more painful that the Buhari Presidency cannot give account<br \/>\nof the huge resources at its disposal, including the taxes it has been<br \/>\ncollecting in the last four years, most of which are frittered to<br \/>\nservice the wasteful lifestyle of the cabal at the Presidency and APC<br \/>\nchieftains.<\/p>\n<p>&#8220;Instead of foisting more tax burden on Nigerians, the PDP charges<br \/>\nPresident Buhari to account for and recover the over N14 trillion oil<br \/>\nmoney established to have been stolen under his watch in the last four<br \/>\nyears.<\/p>\n<p>&#8220;It is disheartening that at the time Nigerians ought to be enjoying the<br \/>\neconomic recovery and empowerment blueprint set out by Atiku Abubakar,<br \/>\nwhich included slash in taxes and levies, they are rather faced with an<br \/>\nunjustifiable and indefensible tax increase.<\/p>\n<p>&#8220;The PDP therefore urges the National Assembly to protect Nigerians and<br \/>\nsave our nation from collapse by rejecting this injurious decision by<br \/>\nthe Buhari Presidency.&#8221;<\/p><\/div>\n<\/div>\n<div class=\"mail-message-footer spacer collapsible\"><\/div>\n<\/div>\n<div id=\"conversation-footer\" class=\"spacer\"><\/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 Peoples Democratic Party (PDP) condemns and totally rejects the decision by President Muhammadu Buhari and his officials to increase the Value Added Tax (VAT) from 5% to excruciating 7.2%,&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":58941,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-69097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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