The National Association of Nigerian Students (NANS) has thrown its weight behind the implementation of the new tax laws, which took effect last week.
The body said its new position was informed by engagements with officials from several government agencies and departments, including the National Assembly, Department of State Services (DSS), and Nigeria Revenue Service (NRS).
The association therefore called off its proposed nationwide protest, earlier scheduled for 14th January 2025.
The decision is contained in a communique issued at an expanded National Executive Council Meeting on Tuesday in Abuja and signed by the Chairman of the Communiqué Drafting Committee and NANS President, Comr. Olushola Oladoja.
The expanded NEC meeting was attended by members of the National Executive Council, NANS; National Association of University Students (NAUS) – President and Senate President; National Association of Polytechnic Students (NAPS) – President and Senate President; National Association of Colleges of Education Students (NANCES) – President and Senate President; NANS Zonal Coordinators across the six geopolitical zones of the Federation; Joint Campus Council (JCC) Chairmen across the Federation; Association of Nigerian Female Students (ANFS) – National President and Secretary; National Association of Female Students (NAFS) – President and Secretary; Chairman, Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele; selected student leaders, policy experts, and other critical stakeholders.
The communique read in part, “After extensive deliberations, presentations, and engagements, the Expanded National Executive Council (ENEC) of NANS resolved as follows:
“That the new Tax Reform Law is a deliberate and well-intentioned law aimed at improving Nigeria’s economy, strengthening institutional frameworks for revenue generation, with deliberate provisions to protect low-income earners and vulnerable citizens.
“That the law does not target the poor; instead, it strengthens social protection while ensuring that higher-income earners contribute more equitably to national revenue, preventing lopsidedness and unnecessary tax burdens on a few.
“That the Law provides for centralised revenue generation with a clear and transparent sharing formula across the Federal Government, State Governments, and Local Governments.
“That the National Association of Nigerian Students (NANS) shall serve as ambassadors of public enlightenment, committed to educating Nigerians on the purpose, importance, and benefits of the Tax Reform Law to boost citizens’ confidence and trust in the Federal Government during the implementation of this Law.
“That ENEC affirms the authenticity of the Tax Reform Law as officially released by the National Assembly following the conclusion of its investigation.
“That, consequent upon the above resolutions, NANS hereby calls off the proposed nationwide protest earlier scheduled for 14th January 2025.”
The meeting passed a vote of confidence on the Executive Chairman of the Nigeria Revenue Service, Zacch Adedeji, “for his leadership, professionalism, and contributions to Nigeria’s fiscal reforms, particularly in operationalising this novel reform.”
It added, “ENEC also commends President Bola Ahmed Tinubu, GCFR, for his continued foresight, intentional leadership, and unwavering commitment to the structural and economic transformation of the Nigerian State, particularly in the areas of fiscal policy reforms and economic stability.
“Furthermore, NANS reiterates its thanks to Mr. President for his NELFUND initiative, which is increasing funding and access to tertiary education for Nigerian students and youths. These crucial initiatives are demonstrating their usefulness in transforming our educational system.
“On this note, we also reaffirm our Vote of Confidence on the President of the Federal Republic of Nigeria, as we employ him to continue the good work that he has commenced in transforming the fortunes of our great country, Nigeria.”
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