The Vice Presidential candidate of the Peoples Democratic Party, in the 2019 presidential election, Peter Obi, describes the recent warning of the national leader of the All Progressives Congress, Bola Ahmad Tinubu, against the removal of Value Added Tax as gratifying.
According to peter Obi, Tinubu’s warning which makes economic sense given the situation in the country was at variance with that of the People’s Democratic Party and underscores the uncoordinated campaign they dished out to Nigerians.
The Vice Presidential candidate in a statement from his media office said the position of his party and the presidential candidate which was made loud and clear during the campaign periods that tax must be relaxed to act as incentive to investors.
Obi insisted the right way to shape up the economy given the magnitude of unemployment in the country is to have an attractive economic policy that will be inviting to entrepreneurs and investors.
He stated the All Progressive Congress earlier stance of increasing tax but VAT inclusive shows the height of insensitivity of a government that careless about the plight of the populace.
According to Obi, Tinubu’s warning is good but should have been humble enough to credit to the opposition party instead of feeling, it has been the position of the party.
It’s extremely unrealistic for anybody to think of growing the economy of this country, and creating jobs just by increasing tax, it’s too a simplistic approach”, he noted.
The former Anambra State Governor said he hopes the All Progressive Congress Chieftain would go further to advice his party to embrace restructuring as that is the only option left to move the country forward.