Naija Tax Reform: Wetin CPPE Dey Talk About Government Strategy

Omo! Na this gist wey CPPE drop ehn, e get as e be o! Dem advise the federal government say make dem take am easy as dem dey try implement tax reform wey fit affect everybody for country.

Dr. Muda Yusuf, wey be the CEO of CPPE, talk say make dem no just rush come dey enforce tax laws like say na wahala dem wan cause. Na the timing, strategy, and people’s trust go determine if this tax reform go succeed or fail. You know say past bad experience don make many Nigerians dey fear wahala anytime tax matter show face.

Yusuf talk say na big companies, strong SMEs, and those wey get plenty money na dem suppose carry the tax burden small-small. This one go fit bring better money wey no go spoil the lives of ordinary people wey dey hustle to survive.

Him talk say the way things dey go for this pre-election year, make dem avoid any enforcement wey go make people current. If dem no take time, if wahala start, that fit push people further away from believing say tax money go translate to better services.

Yusuf explain say everyday people don dey suffer from market inflation, and as dem don dey try adjust to life after fuel subsidy wey dem remove, dem no need more stress. If government no careful, dem fit see serious resistance from people wey dey manage their daily bread.

As if dat one no reach, CPPE also talk about informal sector wey dey operate without proper records. Expect say those small businesses no dey understand taxes like CIT, VAT, and all those highfalutin tax terms. Dem go just dey try make money na, so if you carry heavy taxes give dem, wahala go dey.

Dem suggest say make tax authorities focus on the organized businesses first, the ones wey fit pay. If dem try to jam the informal sector with heavy penalties, na so dem go just push dem back into darkness instead of bringing dem to the light.

So, as dey plan to enforce any new tax requirements, make dem sabi say e go better make am gradual. Focus on building trust, not penalty, and Nigeria go enjoy better tax system. If dem enforce wetin no fit work, na back to square one we go dey go.

In one of the discussions, Yusuf talk about some new rules like the one wey dey require small businesses wey dey handle transactions above ₦25 million naira to report am. That one don dey cause real fear o! SMEs dey worry say dem fit face serious scrutiny because of the nature of their business.

Yusuf end am by saying make government reset their strategy to ensure the tax reform dey work without wahala. Na pragmatism and sensitivity go make this tax reform succeed. No be by just writing fine laws; na implementation matter!