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Story summary
- Peter Obi, former Labour Party presidential candidate, criticized Nigeria's taxation policy for exacerbating poverty and hindering growth.
- He said prosperity cannot come from taxing the poor and called for a transparent, fair social contract.
- Obi urged a lawful, people-centered tax system that supports small and medium-sized enterprises to broaden the tax base.
- He warned of discrepancies in tax law amendments and called for clarity and accountability in policies.
