Senator Ali Ndume, representing Borno South, has voiced strong objections to the proposed tax reform bills introduced by President Bola Tinubu, warning that he may consider leaving the All Progressives Congress (APC) if the reforms are implemented.
The senator expressed his concerns during an appearance on Politics Today, a Channels Television program, on Thursday night.
The controversial tax reform package includes four bills: the Joint Revenue Board of Nigeria Bill, the Nigeria Revenue Service Bill, the Nigeria Tax Administration Bill, and the Nigeria Tax Bill. These bills, which recently passed their second reading in the Senate, aim to overhaul the nation’s tax structure.
However, they have sparked criticism from lawmakers, including Ndume, and some northern governors who fear the reforms could increase the financial burden on ordinary Nigerians.
Ndume argued that the reforms would worsen the economic struggles of citizens instead of providing relief.
He stated, “I am close to President Tinubu and want him to succeed,” Ndume said. “But if not, I can leave the party.
“When you say those earning below ₦800,000 annually won’t pay VAT, how does that help them? Are they exempted from paying VAT on the goods they buy in the market? And now, corporate tax is increased, meaning businesses will pass the added cost onto consumers.
“For instance, the price of cement is already up, so consumers will pay more. If Dangote is taxed on refined products, that cost will also be transferred to the price per litre.
“So, are you truly helping those who earn below ₦800,000, or are you worsening their situation?”
Ndume emphasized his belief that the reforms could undermine the president’s agenda and harm citizens who are already grappling with economic challenges.
The Senate has announced plans for a public hearing on the bills in the coming weeks to gather input from stakeholders before making a final decision.
