Nigeria TV Info 

Activist Warns Tinubu Against IMF Tax Proposals

A public affairs commentator, David Adenuga, has cautioned President Bola Ahmed Tinubu against adopting new tax recommendations reportedly proposed by the International Monetary Fund (IMF), warning that such measures could deepen economic hardship for millions of Nigerians. According to Adenuga, additional taxes on sectors such as telecommunications and fuel would further strain households already grappling with inflation, high living costs, and declining purchasing power.

The activist argued that rather than introducing fresh taxes, the Federal Government should focus on expanding the tax base, improving revenue collection efficiency, blocking leakages, and reducing the cost of governance. He maintained that increasing taxes during a period of economic difficulty could trigger public dissatisfaction and slow economic recovery.

Economic experts and civil society groups have recently expressed concerns over IMF recommendations that include extending Value Added Tax (VAT) to fuel products and introducing additional charges in the telecommunications sector. Critics say such policies could increase production costs, raise consumer prices, and worsen poverty levels across the country.

The warning comes amid ongoing debates over Nigeria’s fiscal reforms and revenue-generation strategies. While international financial institutions continue to advocate broader tax reforms to strengthen government revenues, opponents insist that policies must be carefully balanced to protect vulnerable citizens and support economic growth.