New Tax Law: Oborevwori Demands Accountability As Experts Say It Favors Citizens, Not Government

Business National

Delta State Governor, Rt. Hon. Sheriff Oborevwori; Chairman of the 2025 Annual Lecture of the Delta Online Publishers Forum (DOPF), Mr. Edward Obiefuna Martyns; and the Forum’s Chairman, Mr. Emmanuel Ochonogor Enebeli, have declared that Nigeria’s new tax law must translate into transparency, accountability and measurable development if it is to win public confidence.

Speaking in Asaba at the Annual Lecture, the trio stressed that public acceptance of the reform will depend on how responsibly government manages tax revenues and how visibly those revenues improve infrastructure, services and economic stability nationwide.

Governor Oborevwori, represented by the Commissioner for Information, Mr. Charles Aniagwu, said Nigeria cannot ignore the new tax law as the country urgently needs a stronger revenue base to drive human and capital development. He warned that tax collection without accountability would undermine public trust.

“It is not about collecting money; give the people value for their money,” he said, urging Nigerians to be fully informed about the reform. “Do not say it does not concern you—this policy affects everyone.”

Martyns, who chaired the event, said the new tax framework will reshape how Nigerians do business and how government performance is assessed. He charged the Forum and journalists across the country to intensify scrutiny of government spending and ensure transparency in the utilisation of tax revenue.

“The Forum has a role to play in shaping society. As journalists, ensure proper reportage of government activities and insist that revenue is utilised to improve infrastructure, health, education and the wider business environment,” he said.

In his address, the Forum’s Chairman, Mr. Enebeli, stressed that taxation and public service delivery must go hand in hand if the new tax law is to achieve meaningful results. He said citizens expect measurable improvements in their daily lives once the new regime begins.

“It is not just about taxation; Nigerians expect better roads, safer communities and a business-friendly environment,” he said. “As Nigeria enters this new era of tax reforms, it becomes even more important for government to demonstrate value for revenue collected.”

Enebeli commended the Delta State Government for progress on the Ughelli–Kwale–Asaba Road but called for urgent intervention on several critical routes, including the Agbor–Asaba–Onitsha Road and the Effurun–Sapele–Benin corridor. He further drew attention to the Agbor–Umutu–Obiaruku–Abraka–Eku–Sapele Road, noting that its long abandonment has caused massive unemployment, hardship and the closure of numerous businesses along the corridor, worsening economic conditions for residents and traders who rely on the route.

He also emphasised the role of security in economic growth, applauding the launch of the Delta State Security Trust Fund and urging prompt assent and implementation of the newly passed State Community Security Bill. He encouraged corporate bodies, business owners and citizens to support government efforts to strengthen safety and investor confidence.

The Annual Lecture, themed “Nigeria’s New Tax Law: Implications and Opportunities for Businesses and Society,” drew wide participation and provided deep insights into how the new legislation will reshape governance, business operations and public expectations as Nigeria transitions into a new tax era.

Meanwhile, discussants at the 2025 Delta Online Publishers Forum (DOPF) Annual Lecture have debunked widespread misconceptions that Nigeria’s new tax law is designed primarily to enrich government, insisting instead that the reform offers far greater benefits to citizens, businesses, and the wider economy.

Speaking during the panel session, accountant and tax consultant Victor Fegor Origho said the new framework was structured to create a balanced, mutually beneficial relationship between the government and the people. He explained that the law seeks to correct long-standing irregularities in the tax system where some Nigerians were overtaxed while others escaped under-assessment.

According to him, public fears about indiscriminate debits and harsh penalties are misplaced, as the intent of the law is fairness, accuracy and transparency. “This reform is not designed to punish Nigerians. It is to correct the gaps and make sure everyone pays what is due—no more, no less,” he said.

Legal practitioner Barr. Ikpesu Gideon Jade described the legislation as a modern dispute-resolution mechanism that functions like an ombudsman for tax matters. He noted that although fines exist, organizations can avoid sanctions by keeping accurate records, complying early and managing their affairs professionally. “If you do your part, the law protects you,” he said.

Another panelist, Martins Onyem Aghaobod, Esq, stressed the urgency of public sensitization ahead of the law’s full implementation in January 2026. He urged Nigerians to study the 203-section document to better understand its objectives—chief among them the elimination of multiple taxation and the strengthening of compliance.

The experts collectively emphasized that the law will empower citizens to hold government accountable by making tax processes more transparent and enabling Nigerians to track how revenue is spent on infrastructure and essential services.

Delivering the keynote lecture, Associate Professor of Accounting at Dennis Osadebay University, Dr. Ochuko Emudainohwo, described the new tax law as a strategic economic blueprint crafted to reposition Nigeria for sustainable and inclusive development. He linked the reform to declining oil revenue, population pressures and the economic shocks of COVID-19, noting that the federal government had no choice but to rethink its fiscal model.

Dr. Emudainohwo explained that the consolidation of income and company taxes into a single tax net simplifies administration and reduces bottlenecks. He described the new framework as “pro-people,” highlighting provisions that exempt companies with annual turnover below N50 million from capital-based and company income taxes. This, he said, would relieve small businesses, promote innovation and stimulate enterprise growth.

He added that the law strengthens digital tax platforms, closes leakages and promotes transparency—key steps needed to rebuild public trust.

The 2025 DOPF Annual Lecture, themed “Nigeria’s New Tax Law: Implications and Opportunities for Businesses and Society,” drew broad participation and provided deep analysis of how the legislation will shape economic behaviour, governance and public expectations as Nigeria enters a new era of tax reforms.

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