The Chairman of the House Committee on Youths in Parliament, Ayodeji Alao-Akala, has emphasized the need to review Nigeria’s tax laws to address contemporary challenges in fiscal policies. This review has become necessary to support young people, particularly those engaged in micro, small, and medium enterprises (MSMEs), who are significantly affected by taxation policies.
According to Alao-Akala, the proposed tax reforms aim to ease the burden on low-income earners, mostly youths, by ensuring fairer policies that support entrepreneurship and economic independence. He urged young Nigerians to contribute meaningful ideas to the bill, emphasizing that “if we get it right with the youth, we get it right with the country.”