Bola Tinubu, a national leader of the ruling All Progressives Congress (APC), has implored the federal government not to increase value added tax (VAT).
Tinubu gave the admonition when he spoke at the colloquium held in commemoration of his 67th birthday.
The former Lagos State governor advised the government to expand l the tax net adding that increasing VAT was akin to reducing the purchasing power of the people.
“I must say this to Prof Osinbajo and his team, don’t increase VAT but increase tax net to accommodate those who are not yet paying,” he said.
“Don’t reduce the people’s purchasing power.”
Tinubu speaking on the need for the members of the ruling party and the federal government to be circumspect in some of its decisions said they must not shy away from speaking truth to themselves.
“We must criticise ourselves.” Tinubu said