Tax Reform Bills Will Curb Financial Recklessness of Elites, Says Bishop Kukah

Bishop Matthew Kukah advocates for tax reform bills, emphasizing their potential to address financial irresponsibility among elites and promote economic accountability in Nigeria.

Bishop Mathew Kukah, the founder of the Kukah Centre, has asserted that the contentious tax reform bills proposed by Bola Tinubu’s administration will curtail the financial irresponsibility of the elite.

He made this statement as a guest on Channels Television’s Morning Brief on Tuesday.

Kukah urged the Federal Government to ensure that the ongoing reforms contribute positively to the nation’s development.

Since their introduction and subsequent submission to the National Assembly, these bills have faced significant criticism across various regions of the country.

Critics argue that the reforms disproportionately target the northern region, with many contending that they will impose an excessive burden on Nigerians.

“Nigeria is a vibrant nation filled with exceptionally talented individuals who are eager to excel at any moment.

“Nevertheless, our challenge lies in the failure of states to establish sufficient platforms to harness the energy, aspirations, and diverse perspectives of their citizens. This deficiency in competitive platforms often leads to unrest.

“I acknowledge the concerns raised regarding these issues. I am particularly enthusiastic about the tax reform bills, as I am currently in the process of educating myself on the subject.

“Any reform initiative must aim to restore functionality to this deeply dysfunctional country.

“I am optimistic that we can engage in meaningful discussions to address and eliminate financial irresponsibility, highlighting the irony of Nigerians living in proximity to abundant resources yet struggling to meet basic needs. The reforms should transform the narrative of a nation rich in resources but plagued by the mismanagement and irresponsibility of the elite. I am hopeful that this marks the beginning of a lengthy journey towards improved fiscal management and efficiency, ultimately fostering the growth and development of the nation we aspire to create.

When requested to evaluate Tinubu’s administration and provide one or two recommendations, he emphasized the necessity for effective communication regarding the ongoing reforms, as citizens are grappling with significant poverty levels.

“My assertion is that this administration must urgently address the pressing issues at hand. These are matters of widespread impoverishment in Nigeria, evident in the visible frustration among families—husbands, wives, and children alike.

“I firmly believe that while this government harbors ambitious plans, there is a glaring lack of a constructive engagement strategy.

“This administration requires robust communication strategies. It is essential for the Nigerian government to reassure its citizens that there is hope for improvement and to encourage a degree of patience.

“I observe discussions surrounding local government autonomy, tax reform bills, and other initiatives. However, it is crucial for the government to engage with the populace. When individuals refer to themselves as government spokespersons, it should not involve disparaging others or dismissing differing opinions. Their role is to effectively convey the government’s ideas. We need clarity regarding the government’s reforms.

“We welcome the news of the Port Harcourt Refinery’s reopening. The government must inform the public about what to expect and when.”

He urged the government to refrain from assigning blame to others.

“Nigerians have grown weary of the government claiming, ‘we didn’t realize the situation was this dire.’ They should have been aware of the circumstances prior to their election. Therefore, when they announce that we have $30 million in our reserves, they must recognize that this amount should increase before they exit office. Individuals enter government to address issues, not to exacerbate them. It is essential to place the right people in appropriate positions.

“The government must not underestimate the loyalty of its citizens. Securing electoral victory is not merely about attaining power and then waiting for the next election,” he further stated.

On Monday, Abdullahi Sule, the Governor of Nasarawa State, asserted that it is incorrect to claim that the governors of the 36 states oppose the Tax Bills, clarifying that they merely seek clarification on certain aspects.

During a discussion on Channels Television’s Townhall regarding the Tax Reform Bills, the governor expressed support for the bills but emphasized the need for answers to specific questions.

“The proposal to raise the VAT from 20 percent to 60 percent at the point of generation was a concern, and I am pleased that Taiwo indicated it has now shifted to encompass both generation and consumption, which is acceptable.

“These were among the issues raised by the governors. They suggested, ‘Why not withdraw the bills so we can engage in discussion and gain a better understanding?’” Governor Sule remarked.