I’ll Exit APC, Senator Ndume threatens over Tinubu’s Tax Reform bills

Senator Ali Ndume, representing Borno South, has strongly criticized President Bola Tinubu’s proposed tax reform bills, warning that their implementation could force him to reconsider his membership in the All Progressives Congress (APC).

Speaking during an interview on Politics Today, a Channels Television program, Ndume expressed dissatisfaction with the four tax bills, which recently passed the second reading in the Senate.

The proposed legislation includes the Joint Revenue Board of Nigeria Bill, the Nigeria Revenue Service Bill, the Nigeria Tax Administration Bill, and the Nigeria Tax Bill, all of which were submitted to the National Assembly in October.

While President Tinubu has touted the reforms as essential for boosting revenue, the proposals have drawn sharp criticism from lawmakers and northern governors, who argue they could exacerbate the economic hardship faced by Nigerians.

Ndume joined the chorus of dissent, contending that the bills would disproportionately burden ordinary citizens rather than provide relief.

“I want President Tinubu to succeed, and I am close to him, but if these policies are pursued, I may have to leave the party,” Ndume stated.

He questioned the practicality of exempting individuals earning less than ₦800,000 annually from VAT, pointing out that they would still bear the indirect costs of increased taxes on goods and services.

“For instance, if corporate taxes go up, businesses will simply pass that cost on to consumers. The price of cement has already risen, and further taxation on companies like Dangote will inevitably increase the cost of refined products per litre,” he argued. “How does this help the average Nigerian? It only worsens their situation.”

Ndume also cautioned that the reforms could derail the president’s broader economic agenda and worsen the living conditions of citizens already struggling with inflation and reduced purchasing power.

The Senate has announced plans for a public hearing on the tax reform bills in the coming weeks to allow stakeholders to voice their concerns before a final decision is made.

Ndume’s stance adds to the growing resistance among lawmakers and regional leaders, amplifying calls for a more citizen-focused approach to economic policy.