Center for Anti-Corruption and Open Leadership (CACOL) has condemned the proposed five per cent tax on petrol by the Federal Government.
In a statement yesterday issued by Tola Oresanwo, Director of Administration and Programmes, on behalf of the Chairman, Debo Adeniran, the group described the tax as “insensitive and counterproductive,” arguing that it would worsen economic hardship, inflation and increase job losses.
According to CACOL, the tax policy lacks clear justification, particularly given the government’s recent announcement of meeting its revenue targets without borrowing.
The organisation questioned the rationale behind the new charge, suggesting it may be an attempt to silence citizens from speaking out against their economic suffering.
CACOL’s position is that Nigerians are already overwhelmed by severe economic policies and cannot afford additional burdens.
The group insists that the government should prioritise policies that stimulate production, job creation and hardship reduction, rather than imposing more taxes.
