Connect with us

Uncategorized

NLC rejects 6% tenancy, lease stamp duty agreement

Published

on


The Nigeria Labour Congress, NLC, has urged the Federal Government to reversed the six per cent tenancy and lease stamp duty agreement in the country.

Ayuba Wabba, NLC president said this in a statement on Saturday in Abuja.

Mr Wabba said the congress noted with dismay the new policy by the Federal Government through the Federal Inland Revenue Service, FIRS, stipulating a six per cent stamp duty fee for every tenancy and lease agreement in Nigeria.

He said the Congress condemned the agreement as the new policy came at a time when the socio-economic pressure arising from COVID-19 dislocations was affecting many of Nigerians.

According to him, the NLC rejects this new stamp duty policy on rents and leases as it will worsen the situation faced by Nigerian workers most of whom, unfortunately, are tenants.

“It is also alarming that we are having hike in taxes and user access fees when other countries are offering palliatives to their citizens.

“We call on the Federal Government and the Federal Inland Revenue Service to rescind this harsh fiscal measure as it is boldly insensitive to the material condition of Nigerians which has been compounded by the Covid-19.

“Nobody would want to be a tenant if they had alternative. This means that tenants which this new policy targets are some of the most vulnerable people in our society.

“It would be illogical, insensitive and inhuman to churn out laws that make our poor go to bed at night with tears in their eyes,” he said.

Mr Wabba noted that the principle of public taxation especially progressive taxation all over the world was that the rich subsidizes for the poor and that every tax policy that would be enforceable must create a safety net for the poor.

“Accommodation is a fundamental right guaranteed by Nigeria’s constitution. It is unimaginable that tenants who are in the most vulnerable group would be expected to pay 6 per cent tax for accommodation when sales tax is 1.5 per cent.

“This is indeed a great injustice against the Nigerian poor. Government must take deliberate steps to avoid institutionalizing the widespread belief that it is a crime to be poor in Nigeria.

“We understand that the government needs money to run the business of governance especially at this time of economic challenges all over the world.

“But the answer is not in further exploiting the already exploited. There is no doubt that there are other painless ways of mobilizing funds to deal with the exigency of the times,” he said.

He therefore said that one of such ways of mobilising funds was to reduce official graft and corruption.

Mr Wabba said that it does not make sense to ask Nigerians to make sacrifices when they are daily regaled of putrid stories of how public officials are accused of swallowing money in billions and making a comic of ‘fainting’ afterwards.

“Second, there are thousands of unoccupied houses in different parts of the Federal Capital Territory and indeed many cities in Nigeria belonging to very affluent members of the society.

“As we have always demanded and canvassed, Government should tax such property in order to relieve Nigeria’s daunting housing deficits and to generate the needed funds to run government business.

“While we expect the reversal of the 6 per cent tenancy and lease stamp duty policy, we remind government that its highest responsibility is to ensure the security and welfare of every Nigerian,” he said.
NAN

Nigeria Labour Congress (NLC) President, Mr. Ayuba Wabba

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

TRENDING

Politics2 months ago

Ex- Super Eagles Players Praise Asiwaju Tinubu’s Contributions to Nigeria, Sports

Former Nigeria’s international football players have commended All Progressives Congress National Leader, Asíwájú Bola Tinubu, for his contributions to democracy...

News2 months ago

Obiano’s wife was drunk – Bianca Ojukwu opens up on ‘valedictory slap’

Bianca, the wife of late Odumegwu Ojukwu, has explained why she slapped Ebele Obiano at the inauguration ceremony of Prof....

Politics2 months ago

Kaduna govt directs appointees seeking political office to resign

The Kaduna State Government has directed all political appointees and public servants aspiring for political offices in the 2023 general...

News2 months ago

Buhari approves new NBC board

President Muhammadu Buhari has approved the reconstitution of the Governing Board of the National Broadcasting Commission, NBC, following the expiration...

News2 months ago

Police arrest 2 soldiers, 3 others for robbing POS agent in Borno

The police in Borno have arrested five suspects, including two soldiers for alleged armed robbery and culpable homicide. Commissioner of...

News2 months ago

Terrorists kill DPO, 2 other policemen, 4 vigilantes in Niger

Suspected bandit terrorists have again hit Niger State, during which a Divisional Police Officer, DPO, two of his officers and four vigilante members were killed.  The...

Politics2 months ago

PDP will die in 2023 if it loses election – Atiku

Atiku Abubakar, a former Vice President, has said that the opposition Peoples Democratic Party (PDP) might not survive another eight...

News2 months ago

Presidency blames ‘Jonathan’ govt for recent national grid collapse

The Presidency has blamed the immediate past administration for the recent collapse of the nation’s power system. President Buhari’s Personal...

Uncategorized3 months ago

Mrs Dolapo in Maiduguri, marks Osinbajo’s birthday at North East Children’s Centre

Wife of the Vice President, Mrs Dolapo Osinbajo, was in Maiduguri on Monday to visit the North East Children’s Learning...

News6 months ago

Zulum to commission 22 schools, other projects in southern Borno

Governor Babagana Zulum of Borno has begun a five-day official visit to the southern part of the state to inaugurate...

Advertisement

Trending

Copyright © 2018 Daily correspondents