Bishop Matthew Kukah, founder of the Kukah Centre, has expressed optimism that Nigeria’s controversial tax reform bills will address the unchecked financial mismanagement of the nation’s elites. Kukah called on the government to ensure the reforms foster development and alleviate poverty.
Speaking on Channels Television’s Morning Brief on Tuesday, Kukah described the reforms as a potential turning point in Nigeria’s fiscal policies. “This is an opportunity to end the irony of a resource-rich country where citizens struggle while elites thrive on recklessness,” he said.
The tax reform bills, introduced by President Bola Tinubu’s administration, propose sweeping changes, including increasing VAT from 20% to 60% at points of generation and consumption. Critics, particularly in the northern regions, have labeled the bills burdensome, sparking nationwide debates.
Kukah acknowledged the criticisms but emphasized the necessity of the reforms. “Nigeria is brimming with gifted individuals ready to thrive, but a lack of strategic planning and competitive platforms often leads to violence and stagnation,” he noted. He urged policymakers to educate the public on the reforms to build trust and support.
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The bishop also criticised the lack of effective communication by government spokespersons. “Winning elections isn’t enough. The government must clearly articulate its plans, address poverty, and assure Nigerians that progress is underway,” Kukah added.
In a related development, Nasarawa State Governor Abdullahi Sule clarified that state governors are not opposing the bills but are seeking clearer explanations. He highlighted concerns over the proposed VAT adjustments but welcomed recent modifications addressing consumption points.
The reforms, part of Tinubu’s broader economic strategy, aim to boost public revenue amid dwindling reserves, which currently stand at $30 million. Kukah underscored the importance of accountability, urging officials to ensure fiscal policies lead to tangible improvements.
“This journey towards fiscal management and efficiency can transform Nigeria into the thriving nation we all envision,” Kukah said.
