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    Police promotes  seven AIGs to DIGs

    Police promotes seven AIGs to DIGs

    BREAKING: Iran’s supreme Leader Ali Khamenei confirmed dead

    Iran state media confirms Ayatollah Ali Khamenei death

    Nigeria reopens Benin Republic, Niger boarder with Kebbi

    Fastrack state police legislation, Tinubu urge Senate

    Senegal pushes for stiffer punishment for same-sex offenders

    Senegal pushes for stiffer punishment for same-sex offenders

    Ex-NRC boss Fidet Okhiria remanded over alleged $385,000, N165.5m fraud

    Ex-NRC boss Fidet Okhiria remanded over alleged $385,000, N165.5m fraud

    JUST IN: Tinubu directs Civil Defence to take over the protection of VIPs, orders withdrawal of police personnel 

    How Tinubu’s administration paid billions of naira for the release of Niger State kidnapped schoolchildren

  • Metro News
    FCT NAWOJ demands justice for women

    FCT NAWOJ demands justice for women

    FCT suspends riders, drivers  levy over multiple taxation complaints

    FCT suspends riders, drivers levy over multiple taxation complaints

    Wike nullifies 485 R of O applications over fake allocation papers

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    FCTA begins crackdown on  1,095 abuja properties over non-payment of statutory charges

    Wike has met 10 out of 14 workers demands, says aide

    FCTA removes 607 beggars, mentally challenged from Abuja streets

    FCTA removes 607 beggars, mentally challenged from Abuja streets

    FCTA workers announces indefinite strike over tenure elongation of retired perm sec, directors ,others

    FCTA workers announces indefinite strike over tenure elongation of retired perm sec, directors ,others

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    Apkabio’s aide defects to ADC after quitting position

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    Terrorists invade Benue farmlands, kill six cashew farmers

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  • Infotech
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    Senate approves restoration of Aniocha North II State Constituency, Delta

    Bill mandating social media platforms to have physical office, records of employees pass second reading at the Senate

    Nigeria investigated  213 privacy breaches in 2024-NDPC

    Nigeria investigated 213 privacy breaches in 2024-NDPC

  • World conflict & diplomacy
    China, Russia abstain as UN adopts resolution condemning Iran’s attacks on Gulf

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    Iran President apologises to neighbouring countries for attacks

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Financial expert urges NLC to sensitise members on tax reform bill

Daily Intel Newspaper by Daily Intel Newspaper
January 11, 2025
Financial expert urges NLC to sensitise members on tax reform bill

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A professor of Accounting and Financial Development, Godwin Oyedokun, has urged the Nigeria Labour Congress (NLC) to ensure its members understand the basics of the tax reform bill.

Mr Oyedokun, who lectures at Lead City University, Ibadan, gave the advice at a dialogue on the “Tax Reform Bill” organised by NLC on Saturday.

He said that being knowledgeable would aid effective advocacy and robust discussion on issues surrounding the bill.

“They should peruse the bill so that when they want to talk to the government, they will talk from the position of knowledge that they are known for.

“Certain provisions of this have been construed out there, and if you have better information about it, you will change your perspective and position at times.

“Take for example, I can say that today about 95 per cent of people that are commenting on these tax bills have never opened one page of the bill.

“What people rely on is the kinds of social media messages that people are sending here and there,” he said.

The professor said that certain parts of the bill were meant to improve the lives of workers, urging NLC to set up a team that would investigate the personal income tax rates.

According to him, the rate being proposed in the bill is better than what is currently being used.

“So, I charge NLC to go back to their drawing board, put the correct team together to check this as it affects workers,” he said.

Mr Oyedokun advised NLC to ensure activism for their demand was peaceful and didn’t delay the passage of the bill.

Earlier, NLC president, Joe Ajaero, urged the government to dialogue with the union on the tax reform bill to enable his members to make their inputs.

Mr Ajaero said that some aspects of the tax reform bill needed clarifications from the government for better understanding.

“I will implore everybody to read and understand what is embedded in the tax reform bill; I think it is all over the internet now on Google and social media.

“As a matter of fact, the government did not include NLC in the dialogue of the bill,” he said.

Mr Ajaero also appealed to the public to read the tax reform bill to prevent misinterpretation, which could lead to misinformation.

(NAN)

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