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Editorial

As the Soludo administration begins its implementation of a new tax regime for the state, citizens of the state have groaned under what can be termed as exorbitant taxes and levies.

 

Ndi Anambra who gave a majority of their votes to the Isuofia born Professor were obviously shocked to their marrow with such an introduction which will definitely make life unbearable for the people of the state.
For example, traders were slammed with a new payment regime of N14,200, while hawkers were asked to pay N200 daily. These set of fees which appear to be outrageous in nature, given the present economic climate being presently experienced as well as owing to the speed with which it is being implemented casts a shadow on such a regime.
Traders are not alone in this apparent madness to tax the Anambra citizen to death. Public transport operators such as tricycle and shuttle bus owners. These tricycle operators have been asked to start paying fifteen thousand (15,000) naira on monthly basis. While operators of shuttle buses have been asked to pay twenty five thousand (25,000) naira monthly. According to the new rate, motorcycle (Okada) operators would be paying N300 daily at N7, 500 monthly,
For Taxi drivers, the daily rate is N700 or N17,500 for one month. While township bus operators and pickup vans are to pay the amount of N30,000 and N25,000 respectively.
The Soludo administration in its defence of such taxes has stated that it would bring stability and sanity. It claimed that over the years, the state had suffered leakages and largely unaccountable system of tax remittances to the state government.
While we may agree with the issue of leakages and unaccountability in the tax remittance system in the state. The argument for an increase in such revenue drive is not the antidote. Yes, the Soludo administration may be experimenting with a new tax remittance system, but should such come with such an outrageous increase? One would have expected the Soludo administration to implement the new remittance system at the same rate, curbing first the issue of leakages before it visits on the ordinary Anambra citizen such a tax burden.
Soludo as an academic cannot claim he does not understand the spillovers of such a policy , at a point where the world is still reeling the effects of COVID 19 and the Russo-Ukraine war.
AnambraTimes.com would have expected that this administration should for a start show the people what it can do with the little it is currently receiving before it can demand such amounts as rates and levies.
These new rates and levies will only lead to an increase in transport fares, which will then reduce the purchasing power of the average Anambra citizen. The cost of moving goods and service would also experience an upsurge which would again  be passed on to the citizen.
Tags : Anambra StateAnambratimes.comChukwuma SoludoTax

1 Comment

  1. I wonder what our taxation are used for?
    Administration in Nigeria is now runned as individual organizations

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