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Students Demand Suspension Of Tax Reform Laws

LEADERSHIP News by LEADERSHIP News
9 months ago
in News
NANS
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The National Association of Nigerian Students (NANS) has expressed deep concern over the planned implementation of the newly introduced Tax Reform Laws, which is scheduled to take effect on January 1, 2026.

NANS said it acknowledged the importance of tax reforms in strengthening national revenue and economic stability but maintained that the current approach to implementing the reform was fundamentally flawed, poorly communicated and constitutionally questionable.

In a press statement signed by Comrade Olushola Oladoja, National President of NANS, the association warned that implementing the law in its present form was likely to deepen resentment and distrust between citizens and government authorities.

“First, the modalities for creating national orientation about this law are problematic, as Nigerians are grossly ill-informed and insufficiently enlightened about the content, scope, breadth, impacts and long-term implications of the new tax reform law.

“Across the country, there is palpable fear and widespread suspicion that this law, if implemented without proper understanding, will further burden citizens who are already struggling under severe economic hardship.

“It will weaken the viability and capacity of many businesses and individual Nigerians to cope with the economic shocks that will accompany this policy, particularly when poor public understanding of the law affects the planning and execution of financial projects in the coming year,” it said.

NANS further stated that what is even more troubling was the deliberate neglect of structured, grassroots-based organisations such as NANS and the National Youth Council of Nigeria (NYCN), which have extensive memberships and reach across virtually every family, community and constituency in the country.

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The association, therefore, demanded that clear, rigorous and comprehensive nationwide public enlightenment campaigns be conducted through inclusive, community-based engagements.

It also urged the National Assembly to conclude its review and investigation into the alleged alterations to the laws and make its findings publicly available.

NANS warned that failure by the relevant authorities to heed its call within 14 days, on or before January 14, would leave the association with no option but to commence coordinated nationwide protests to defend the interests of Nigerian students and the broader citizenry.

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