• About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions
Wednesday, April 22, 2026
Verily News
No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
No Result
View All Result
No Result
View All Result
Home Politics

ADC Slams New Tax Laws, Says Nigerians Are Being Pushed Deeper Into Hardship

January 7, 2026
in Politics
Reading Time: 3 mins read
0
Photo of Bolaji Abdullahi
Share on FacebookShare on TwitterShare on Linkedin
Spread the love

The African Democratic Congress has taken aim at the Federal Government over the implementation of Nigeria’s new tax laws, arguing that the reforms fail to reflect the economic realities faced by ordinary citizens across the country.

Speaking on Channels Television’s Politics Today on Tuesday, the party’s National Publicity Secretary, Bolaji Abdullahi, expressed strong dissatisfaction with the direction of the reforms, insisting that they place additional strain on a population already grappling with severe economic challenges.

Photo of Bolaji Abdullahi

According to Abdullahi, the level of suffering endured by Nigerians has reached alarming proportions, yet the government appears unwilling to acknowledge the scale of the problem.

“The kind of hardship that Nigerians are faced with today is unprecedented… Yet the government keeps denying the reality of the majority. Look at this tax. They keep telling us the poor will not pay, but we know that is all lies,” he said.

His comments follow the recent rollout of four tax reform laws by the Federal Government, which officially came into force on January 1, 2026. The reforms are intended to restructure Nigeria’s tax system and improve revenue generation, but their introduction has been dogged by controversy.

Questions have been raised over differences between the versions of the laws reportedly passed by the National Assembly and those later published in the official gazette. This sparked public debate and confusion, with claims circulating that the final laws did not fully align with what lawmakers approved.

Presidential Committee on Fiscal Policy and Tax Reforms
The Presidential Committee on Fiscal Policy and Tax Reforms.

In response, the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, dismissed the disputed documents as “fake” drafts. To address the growing concerns, the House of Representatives released Certified True Copies of the legislation, insisting that the move was aimed at restoring public confidence and ensuring transparency.

President Bola Tinubu has since maintained that the tax reforms are designed to stabilise and strengthen Nigeria’s fiscal framework. He has repeatedly emphasised that the laws include provisions to exempt small businesses and low-income earners, arguing that the measures are not intended to worsen the burden on vulnerable Nigerians.

Despite these assurances, criticism has continued to mount from opposition figures and political stakeholders. Prominent voices, including Atiku Abubakar and Peter Obi, have openly questioned the timing and impact of the reforms, warning that they risk further squeezing citizens already struggling with inflation, rising living costs and stagnant incomes.

ADC Coalition Unveiling

For the ADC, the issue goes beyond technical explanations and official assurances. The party insists that any policy reform must be judged by its real-life effect on Nigerians, many of whom are finding it increasingly difficult to meet basic needs in the current economic climate.

What you should know

Nigeria’s new tax laws came into effect at the start of 2026 as part of broader fiscal reforms by the Tinubu administration.

While the government says the measures will improve revenue and exempt low-income earners and small businesses, opposition parties argue that the reforms are disconnected from the economic hardship facing most Nigerians.

The controversy has also been fuelled by disputes over the authenticity of different versions of the laws, raising concerns about transparency and trust in the reform process.

Tags: ADCBolaji AbdullahiPresident Bola TinubuTax Laws
Share198Tweet124Share35
Previous Post

PDP Leadership Meets Jonathan Amid Crisis, 2027 Speculation

Next Post

Gold Retreats from Record Highs Ahead of Key U.S. Jobs Data

Related Posts

ADC Logo

ADC Crisis Deepens as Supreme Court Steps In

by Victor Haruna
April 22, 2026
0

The Supreme Court of Nigeria has reserved judgment in an appeal filed by the National Chairman of the African Democratic...

Photo of Aniekan Uko

Governor’s Aide Steps Down Ahead of 2027 Race

by Victor Haruna
April 22, 2026
0

Aniekan Uko, who served as Special Adviser on Legislative Affairs to Akwa Ibom State Governor Umo Eno, has stepped down...

Nigeria Senate

2027: Senate Names New Minority Whip

by Victor Haruna
April 22, 2026
0

Senator Tony Nwoye has been named the new Minority Whip of the Senate following a string of defections that have...

House of Representatives

Opposition Suffers Fresh Defections

by Victor Haruna
April 22, 2026
0

The wave of political defections in Nigeria’s House of Representatives intensified on Wednesday as six lawmakers from the New Nigeria...

PDP

PDP Sue INEC Chairman, Others 

by Victoria Ogbadu
April 22, 2026
0

The Peoples Democratic Party (PDP) has opened a fierce new legal front, filing contempt proceedings against former National Secretary Senator...

Load More
Next Post
Gold

Gold Retreats from Record Highs Ahead of Key U.S. Jobs Data

Photo of Abubakar Malami

Court Grants Abubakar Malami, Family N1.5bn Bail in N9bn Money Laundering Case

Gas

FG Pays N458.75bn Electricity Subsidy in Q3 2024 Despite Tariff Reform

Photo of Antoine Semenyo

Manchester City Close In on £65m Antoine Semenyo Signing Ahead of January Deadline

inflation

ECB Reaches Inflation Goal But Faces Tricky Choices as Further Decline Expected

Atiku, Obi in Talks to Join SDP

Atiku Rejects Calls to Step Down for Obi in ADC Coalition Ahead of 2027

Oil

Oil Markets Tumble as Trump Announces Venezuelan Crude Import Deal

Photo of Iran's new army chief Amir Hatami

Iran's Army Chief Issues Stern Warning to US, Israel Amid Ongoing Protests

Dollar

Dollar Steadies as Markets Await Key U.S. Jobs Data

Naira

Nigeria's Naira Poised for Significant Gains in 2026, CardinalStone Projects

  • Trending
  • Comments
  • Latest
cbn governor olayemi cardoso

CBN Approves Merger Between Two Banks

February 23, 2026
2027: APC Governors Endorse Next Senate President After Akpabio

APC Governorship Candidate Joins ADC

March 16, 2026
NNPC Increases Petrol Price

NNPC Reduces Fuel Price

March 17, 2026
Kenya Airways

Viral video: Drama at Airport as Nigerian Woman Clashes with Kenya Airways Over Visa Issue

0
NLC

NLC Suspends Nationwide Protest Over Telecom Tariff Hike

0
VeryDarkMan

VeryDarkMan Vows to Uncover Truth in Mercy Chinwo and Ex-Manager’s Controversy

0
ADC Logo

ADC Crisis Deepens as Supreme Court Steps In

April 22, 2026
Photo of Aniekan Uko

Governor’s Aide Steps Down Ahead of 2027 Race

April 22, 2026
Blessing CEO

Blessing CEO Issues Apology To Nigerians

April 22, 2026
Verily News

Copyright © 2025 Verily News.

Navigate Site

  • About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions

Follow Us

No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story

Copyright © 2025 Verily News.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Get Breaking News Alerts on WhatsApp