Close Menu
Chronicle.ng
    Trending Stories
    Labour Party gives Peter Obi 48-hour ultimatum to resign

    Labour Party gives Peter Obi 48-hour ultimatum to resign

    July 3, 2025
    Many injured as three-storey building collapses in Lagos

    Many injured as three-storey building collapses in Lagos

    July 3, 2025
    Liverpool forward Diogo Jota dies in car crash

    Ronaldo mourns Diogo Jota, says his death ‘doesn’t make sense’

    July 3, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Labour Party gives Peter Obi 48-hour ultimatum to resign
    • Many injured as three-storey building collapses in Lagos
    • Ronaldo mourns Diogo Jota, says his death ‘doesn’t make sense’
    • Why Nigerians prefer abortion over raising a child with special needs
    • JUST IN: Liverpool forward Diogo Jota dies in car crash
    • Sowore calls Atiku, El-Rufai’s ADC ‘a coalition of past criminals’
    • How ADC collapsed under Obasanjo-led coalition before 2019 elections
    • Truck crushes police officer to death at Ogun checkpoint
    Facebook X (Twitter) Instagram
    Chronicle.ngChronicle.ng
    Subscribe
    Thursday, July 3
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle.ng

    May Day: TUC demands immediate withdrawal of proposed Tax bill

    MayorBy MayorMay 1, 2025No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Festus Osifo, TUC president says the Tinubu government is slow
    Festus Osifo, TUC president says the Tinubu government is slow
    Facebook Twitter WhatsApp

    The Trade Union Congress (TUC) has called for the immediate withdrawal of a proposed tax bill by the Federal Government, describing it as “insensitive” and “anti-worker.”

    Speaking during the 2025 May Day celebration in Abuja, the TUC President, Mr. Festus Osifo, strongly criticised the tax proposal, saying it unfairly burdens workers while leaving out the wealthy and corporate elites.

    According to Osifo, “The tax proposals were drafted without the involvement of workers. They impose heavy burdens on our meagre allowances — housing, transport, and even medical benefits, yet fail to promote a progressive taxation system that ensures the rich pay their fair share.”

    He particularly faulted the move to peg the minimum taxable income at N800,000 annually, a figure only slightly below the recently agreed National Minimum Wage of N840,000 per annum (equivalent to 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,” Osifo said.

    • May Day: NLC demands 65-year retirement age for all civil servants

    The TUC President also raised concerns over proposed expansions to the Value Added Tax (VAT) system and new levies, warning that they would increase the cost of living and disproportionately affect the poor.

    He further noted the negative implications for the informal sector, stating that small-scale traders and artisans would be heavily affected by presumptive taxation and high 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 declared.

    Beyond taxation, the TUC president used the platform to call for urgent electoral reforms, citing a “crisis of political legitimacy in Nigeria.”

    “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.

    He concluded by stressing that credible elections are critical to building a just, equitable, and progressive society.

     

     

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Labour Party gives Peter Obi 48-hour ultimatum to resign

    Labour Party gives Peter Obi 48-hour ultimatum to resign

    Many injured as three-storey building collapses in Lagos

    Many injured as three-storey building collapses in Lagos

    Nigerians prefer abortion over raising a child with special needs

    Why Nigerians prefer abortion over raising a child with special needs

    Omoyele Sowore, a human rights activist and former presidential candidate, claims that all opposition parties in Nigeria, with the exception of his African Action Congress, are influenced and controlled by the ruling All Progressives Congress, APC.

    Sowore calls Atiku, El-Rufai’s ADC ‘a coalition of past criminals’

    How ADC collapsed under Obasanjo-led coalition before 2019 elections

    How ADC collapsed under Obasanjo-led coalition before 2019 elections

    Police rescue abducted Benue Links passengers

    Truck crushes police officer to death at Ogun checkpoint

    Add A Comment
    Leave A Reply Cancel Reply

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Labour Party gives Peter Obi 48-hour ultimatum to resign

    Labour Party gives Peter Obi 48-hour ultimatum to resign

    July 3, 2025
    Many injured as three-storey building collapses in Lagos

    Many injured as three-storey building collapses in Lagos

    July 3, 2025
    Liverpool forward Diogo Jota dies in car crash

    Ronaldo mourns Diogo Jota, says his death ‘doesn’t make sense’

    July 3, 2025
    Nigerians prefer abortion over raising a child with special needs

    Why Nigerians prefer abortion over raising a child with special needs

    July 3, 2025
    Liverpool forward Diogo Jota dies in car crash

    JUST IN: Liverpool forward Diogo Jota dies in car crash

    July 3, 2025
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2025 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.