NLC accuses multinationals, rich Nigerians of tax evasion

Nigeria Labour Congress (NLC) yesterday accused multinational companies operating in Nigeria and wealthy citizens of evading tax.

Its President Comrade Ayuba Wabba spoke at the opening of a workshop on “Tax Justice and Illicit Financial Flows (IFFs)” organised by the congress.

It was organised in collaboration with the Public Service International, International Trade Union Confederation (ITUC-Africa) and Friedrich Ebert Stiftung in Abuja.

He said halting illicit financial flows, non-payment of taxes, corruption and,in their place, instituting responsive governance would tame poverty and inequality.

Wabba said: “In the context of Nigeria, the burden of payment of tax is squarely on the workers and they call it ‘pay as you earn’. Before you are paid, the tax is already removed and therefore, the rich and the powerful feast on our commonwealth, which is the tax we contribute.

“In other spheres, it is the other way round. The rich subsidises for the poor so that we can have a decent society and have social justice. This is the whole essence of this campaign, which I think is our campaign as workers. We must continue to advocate for social justice and ensure that the rich pay appropriate tax. The most important aspect is that multinationals and bigger businesses evade payment of tax. Infact, they don’t pay tax at all.

“We are aware that these individuals that evade tax are very powerful. I am sure that when we pull our forces together as citizens that are concerned, we are going to overcome them.”

He explained that in 2016, the congress led a protest campaign to the office of the Minister of Finance, demanding that the issue of IFFs must receive urgent attention.

He said: “I wish to state that our effort has elicited some positive response from government and the Federal Government has taken some steps towards ensuring that those negative trends that allowIFFs out of Nigeria are checked and the trend halted.

“We are aware that government has set up a presidential committee on IFFs and there are some activities around the review of the tax laws and treaties with a view to promote tax justice.”

He hailed the “initiative to support Trade Unions in Nigeria to develop, deploy and sustain their tax justice campaign to contribute to the national agenda and end IFFs from the country and contribute to the global demand, where fair taxation reigns.

“We have affirmed that ending illicit financial flows, corruption and engineering imaginative and responsive governance are some of the ways to tame poverty and inequality. Given that financing is critical to the successful implementation of the Sustainable Development Goals. We need alternative resource mobilisation possibilities that ending IFFs and corruption can provide.”

The post NLC accuses multinationals, rich Nigerians of tax evasion appeared first on The Nation Nigeria.





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