The Coalition for the Protection of Democracy (COPDEM) has strongly criticized the Federal Government’s relentless imposition of taxes and levies on Nigerian citizens, citing the immense burdens placed on the populace.
Speaking at the group’s convention and ICONS Democracy Awards ceremony in Abuja, COPDEM Chairman, Prince Rwang Pam, expressed deep concern over the hardships faced by middle-class and impoverished Nigerians. He appealed to the president to prioritize the welfare of the masses in policymaking.
Rwang decried the introduction of new taxes and levies amidst widespread economic struggles, emphasizing that taxing individuals who haven’t made profits contradicts the fundamental purpose of taxation. He urged the government to reconsider its approach, particularly regarding taxes on basic financial transactions affecting everyday Nigerians.
Highlighting the need for policies that directly benefit citizens, Rwang criticized the administration for its perceived inaction despite promises made upon assuming office. He stressed the urgency of alleviating the current hardships faced by Nigerians, expressing disappointment in the government’s pace of response.
Recent measures such as the cybersecurity levy on electronic transactions and the removal of fuel subsidies have exacerbated economic challenges, leading to increased prices of goods and services. Additionally, the approved 300 percent hike in electricity tariffs for urban consumers has further strained household budgets.
The country’s inflation rate and the depreciation of the naira against the dollar have compounded the hardships faced by Nigerians, further underscoring the need for immediate and effective governmental intervention.