Close Menu
Chronicle NG
    Trending Stories
    2027: Faleke picks presidential forms for Tinubu

    Tinubu to depart Abuja for summits in France, Kenya, Rwanda

    May 1, 2026
    EFCC wanted notice for Halimat Adenike Tejuosho over alleged fraud and job scam in Nigeria

    City Boy Movement suspends Tejuosho over EFCC fraud probe

    May 1, 2026
    EFCC wanted notice for Halimat Adenike Tejuosho over alleged fraud and job scam in Nigeria

    EFCC declares Tejuosho City Boy Movement women leader wanted over alleged job scam

    May 1, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Tinubu to depart Abuja for summits in France, Kenya, Rwanda
    • City Boy Movement suspends Tejuosho over EFCC fraud probe
    • EFCC declares Tejuosho City Boy Movement women leader wanted over alleged job scam
    • Lagos: Sanwo-Olu approves N50,000 wage award for workers
    • Atiku condemns Remi Tinubu’s N1.2bn rice palliative for North
    • Akpabio applauds workers, promises living wage
    • Atiku criticizes Tinubu’s govt over workers’ plight
    • Tinubu directs Gbajabiamila, Masari to supervise APC NASS primaries
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Friday, May 1
    • 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

    David GreatBy David GreatMay 1, 2025No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    PENGASSAN commences strike after Dangote refinery sacked workers
    PENGASSAN president Festus Osifo
    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

    2027: Faleke picks presidential forms for Tinubu

    Tinubu to depart Abuja for summits in France, Kenya, Rwanda

    EFCC wanted notice for Halimat Adenike Tejuosho over alleged fraud and job scam in Nigeria

    City Boy Movement suspends Tejuosho over EFCC fraud probe

    EFCC wanted notice for Halimat Adenike Tejuosho over alleged fraud and job scam in Nigeria

    EFCC declares Tejuosho City Boy Movement women leader wanted over alleged job scam

    Sanwo-Olu The Lagos State Internal Revenue Service has declared that it will use third-party agents to collect unpaid taxes from defaulting taxpayers, including banks, employers, debtors, tenants, and business partners.

    Lagos: Sanwo-Olu approves N50,000 wage award for workers

    Obidients have urged Atiku Abubakar to abandon his presidential ambition in 2027 and support Obi for the ADC presidential ticket.

    Atiku condemns Remi Tinubu’s N1.2bn rice palliative for North

    Senate : SERAP demands Akpabio publish names in N200tn NNPCL probe

    Akpabio applauds workers, promises living wage

    Subscribe to News

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

    2027: Faleke picks presidential forms for Tinubu

    Tinubu to depart Abuja for summits in France, Kenya, Rwanda

    May 1, 2026
    EFCC wanted notice for Halimat Adenike Tejuosho over alleged fraud and job scam in Nigeria

    City Boy Movement suspends Tejuosho over EFCC fraud probe

    May 1, 2026
    EFCC wanted notice for Halimat Adenike Tejuosho over alleged fraud and job scam in Nigeria

    EFCC declares Tejuosho City Boy Movement women leader wanted over alleged job scam

    May 1, 2026
    Sanwo-Olu The Lagos State Internal Revenue Service has declared that it will use third-party agents to collect unpaid taxes from defaulting taxpayers, including banks, employers, debtors, tenants, and business partners.

    Lagos: Sanwo-Olu approves N50,000 wage award for workers

    May 1, 2026
    Obidients have urged Atiku Abubakar to abandon his presidential ambition in 2027 and support Obi for the ADC presidential ticket.

    Atiku condemns Remi Tinubu’s N1.2bn rice palliative for North

    May 1, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

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