Tenancy Tax: ‘Reverse or face workers’ wrath – Trade Union warns FG

Pic.4. President, Nigeria Labour Congress (NLC), Comrade Ayuba Wabba (M), addressing members of the NLC, during the 2019 May Day celebration at the Eagles Square in Abuja on Wednesday (1/5/19). With him are: President of the Trade Union Congress (TUC), Bobboi Kaigama (2nd R); President of National Union of Road Transport Workers (NURTW). Comrade Najeem Yasin (L), and other leaders of various labour unions. 03429/1/5/2019/Albert Otu/TA/NAN
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On Monday the Trade Union Congress (TUC) has warned the federal government to reverse the new stamp duties levied on house rents.

In a statement jointly signed by TUC President, Quadri Olaleye and the Secretary General, Musa-Lawal questioned the timing of the new fiscal measure.

According to the new stamp duties released by the Federal Inland Revenue Services (FIRS) rent between 1-7 years is 0.78%; above 7 to 21 years is 3%; above 21 years is 6%.

The TUC leaders said while other countries are giving palatives to their citizens, Nigerian government intends to further burden the citizens.

“We are calling on the federal government to immediately order the FIRS to stay action if it does not want to incur the wrath of workers and Nigerians.

“We read that Ghanaians will not be paying for power throughout this year. Why is our case always different? Why increase our burden now?” The union queried.


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