Falana moans Tinubu’s taxes hubble social and economic growth
By Jeph Ajobaju, Chief Copy Editor
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“The government wants to go back to the drawing table and ensure that it is not accused of multiple taxes or double taxation because consumers will pay VAT for buying fuel. They will now put an additional 5 per cent tax.
“I think this is what Nigerians are complaining about. And from what we just read today is that the Dangote fuel taken from Nigeria is now cheaper in Togo than in Nigeria I think [by] about N65.
“So, the government will have to review these developments (the proposed 5 per cent fuel surcharge) and ensure more hardship is not imposed on Nigerians” – Falana.
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Femi Falana has decried how fuel produced by Dangote Refinery in Lagos is cheaper in Togo than in Nigeria because of the plethora of taxes in the local economy that do not allow manufacturing to thrive.
The rights activist, a Senior Advocate of Nigeria (SAN), argued on Channels Television that this is a misnomer socially and economically, and urged Abuja to review the proposed 5 per cent fuel surcharge – which implementation has been moved to a future year after 2026 – and ensure that further hardship is not imposed on Nigerians.
Said he: “I guess the government wants to go back to the drawing table and ensure that it is not accused of multiple taxes or double taxation because consumers will pay VAT for buying fuel. They will now put an additional 5 per cent tax.
“I think this is what Nigerians are complaining about. And from what we just read today is that the Dangote fuel taken from Nigeria is now cheaper in Togo than in Nigeria I think [by] about N65.
“So, the government will have to review these developments (the proposed 5 per cent fuel surcharge) and ensure more hardship is not imposed on Nigerians.”
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Falana faults Tinubu’s total fuel subsidy removal, says IMF, World Bank behind it
