Oyo State Governor and the presidential candidate of the Allied People’s Movement, Seyi Makinde, has promised to introduce tax breaks for entrepreneurs if elected president in 2027.
Makinde, who stated this while addressing party stakeholders at the APM South-South Town Hall meeting in Uyo, Akwa Ibom State, monitored by our correspondent on Tuesday, also accused the President Bola Tinubu-led Federal Government of prioritising the taxation of poor Nigerians over wealthy individuals.
Upon assuming office, Tinubu introduced reforms to Nigeria’s tax system, which elicited mixed reactions, with many Nigerians expressing concerns that the changes could adversely affect the middle class.
However, the Presidency has repeatedly dismissed such concerns, insisting that the tax reforms were designed to protect middle- and low-income earners.
The APM Presidential candidate said his administration in Oyo State increased the state’s internally generated revenue without raising taxes, adding that his proposed RESET agenda would encourage entrepreneurship and promote
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