Tax reform is undoubtedly a critical aspect of nation-building and economic stability, and there is nothing wrong with pursuing it. However, such a transformative endeavor must not be implemented in haste or secrecy. Robust, informed, and inclusive public debate is the cornerstone of any successful policy change, particularly one as far-reaching as tax reform.
The Need for Public Hearings
A public hearing on tax reform is not merely a procedural step—it is an essential democratic process. Nigerians from all walks of life must be given the opportunity to engage meaningfully, express their concerns, and contribute their perspectives. This inclusivity not only fosters public trust but also enriches policymaking by ensuring it reflects the diverse realities of the people it aims to serve.
When matters of this magnitude are under consideration, extensive deliberation and careful thought are imperative. Rushing such decisions risks alienating the public and undermining the legitimacy of the reforms. Transparency and patience are not just ideals; they are necessities.
Tax reforms should not be viewed solely through the lens of revenue generation for the government. While improving fiscal capacity is important, it is equally vital to consider the broader impact on the economy, regional sustainability, and the everyday lives of citizens. The true measure of any reform lies in its ability to balance the needs of the government with the well-being of its people.
No reform can succeed without the buy-in of the people it affects. This requires proactive efforts by the government to educate citizens, address their concerns, and build consensus. Trust and legitimacy are the foundation of effective governance. Without these, even the most well-intentioned policies risk failure. Sensitizing the public ensures they understand not just the “what” but also the “why” behind the reforms.
Nigeria stands at a crossroads, with an opportunity to redefine its approach to governance and public policy. By prioritizing transparency, fostering public engagement, and championing inclusivity, we can set a new standard for participatory democracy. Let us embrace this challenge and turn it into an opportunity to unite and strengthen our nation.
Indeed, a new Nigeria is possible—but it begins with trust, dialogue, and deliberate action.
— PO, Peter Obi