CNG Raises Concern Over Potential Negative Impact Of Tax Reform Bill

These institutions, they argue, are crucial for Nigeria’s educational, technological, and industrial development…..

By Francis Okoye, Maiduguri

The Coalition of Northern Groups (CNG) Student Wing has raised concerns over the proposed tax reform bills, warning of their potential negative impact on the Northern region and the country as a whole.

In a press conference held on Monday in Maiduguri, the CNG Student Wing led by their leader, Fatima Abubakar expressed particular concern about the proposed defunding of key institutions such as TETFUND, NITDA, and NASENI.

These institutions, they argue, are crucial for Nigeria’s educational, technological, and industrial development.

“These reforms risk shifting the economic burden onto already struggling populations, especially women and youth, whose opportunities and livelihoods are closely tied to these institutions,” she said.

The group highlighted that the proposed reforms would disproportionately affect vulnerable populations, including women and youth.

They emphasized the importance of these institutions in empowering women through scholarships, research grants, and professional development opportunities.

The CNG Student Wing called on the government to reconsider the proposed reforms, urging them to prioritize policies that support sustainable development and protect the interests of the people.

They also called for increased transparency and inclusivity in the policy-making process.

The group’s concerns echoes those of many Nigerians who believe that the proposed reforms may have unintended consequences and could hinder the country’s progress.

The Coalition of Northern Groups urges the government to reconsider the proposed tax reform framework. Defunding institutions like TETFUND is tantamount to destabilizing the future of Nigeria’s education system and denying countless young people, particularly women, the opportunity to excel.

“We call on all Nigerians to stand firm in advocating for policies that strengthen, rather than undermine, our national development. The media, as partners in progress, must amplify these issues to ensure accountability and inclusivity in governance.

“it is crucial to recognize that supporting the reform bill could lead to significant negative consequences, undermining key values and potentially jeopardizing the well-being of many individuals. The proposed changes may disrupt the current balance and fail to address the core issues effectively.”

“Therefore, standing against the reform bill is not just a stance against an ineffective solution but a commitment to safeguarding the interests and rights of those impacted. It is essential to prioritize alternative, well-thought-out approaches that truly serve the public’s best interests.” She further said. End