HomeFinancialTax MattersNo Clause Was Inserted Into New Tax Laws - Oshiomhole

No Clause Was Inserted Into New Tax Laws – Oshiomhole

No Clause Was Inserted Into New Tax Laws – Oshiomhole


‎Former Edo State Governor and Senator representing Edo North, Adams Oshiomhole, has pushed back strongly against criticisms of the Federal Government’s new tax laws, insisting that the reforms are progressive, transparent, and designed to protect ordinary Nigerians while holding wealthy interests more accountable.

‎Speaking during an interview on Politics Today on Channels Television, Oshiomhole rejected claims that controversial provisions were secretly inserted into the new tax framework. He challenged critics to substantiate their allegations when the National Assembly resumes, stressing that policymaking must be driven by evidence, not speculation.

‎“I don’t believe there was anything inserted into the new tax laws,” the senator said. “When we resume, whoever alleged such should bring his evidence.”

‎Oshiomhole also took a swipe at global consulting firm KPMG, which has raised concerns about aspects of the reforms. According to him, such firms often reflect the interests of large corporations rather than the broader public good.

‎“KPMG consults for big business and parrots the cause of those big businesses,” he said. “The day my views start to align with that of big business, I have lost it.”

‎Defending the philosophy behind the tax reforms championed by President Bola Tinubu’s administration, Oshiomhole argued that opposition from large corporate players is, in fact, proof that the policy is on the right track.

‎“When big business protests about laws that I’m a part of, I celebrate,” he remarked, noting that major corporations consume more infrastructure, power, and public resources and should therefore shoulder a higher tax responsibility.

‎He described the reforms as progressive, explaining that they are structured to ease the burden on low-income earners while ensuring that the wealthy and large corporations contribute their fair share to national development.

‎“A progressive tax law benefits all of us,” Oshiomhole said.

‎Beyond taxation, the senator also defended the broader economic reforms of the Tinubu administration, maintaining that they are beginning to yield positive results. He cited anecdotal complaints about falling food prices as an indication that market corrections are underway.

‎Oshiomhole further criticised opposition voices, accusing them of relying on conjecture rather than facts in their assessment of government policies.

‎His comments come amid ongoing national debate over Nigeria’s tax reforms, with the government arguing that the changes are necessary to boost revenue, reduce inequality, and place the economy on a more sustainable footing.

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