Issues · Economy
Generally aligned with the Oyedele committee thrust (broaden the net, harmonise, eliminate nuisance levies). Cautions against VAT rate hikes that hit the bottom 40% disproportionately.
In Abubakar's words“Tax policy is industrial policy. Get it wrong and the formal economy stays small.”
Economy chapter, 2023 manifesto.
Policy position
Implement Oyedele harmonisation. Hold VAT at current rate; broaden the base. Corporate-tax cut for SMEs employing under-35s. Multiple-taxation cleanup at sub-national level via inducement-based incentives to states.
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