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New tax laws: Nigerians don’t trust Tinubu’s govt on expenditure – Financial Analyst, Aja

Financial analyst Aja has expressed concern over Nigerians’ lack of trust in the federal government regarding the implementation of new tax laws. According to him, citizens are worried that revenue collected may not be spent transparently or efficiently.

Aja highlighted that past experiences with government spending have made many Nigerians cautious about accepting new tax policies. He stressed that this distrust could affect compliance and the overall effectiveness of tax reforms.

The analyst recommended that the government adopt clearer reporting mechanisms and engage with the public to show how funds are utilized. Transparency, he said, is key to restoring confidence and ensuring that tax revenues contribute to national development.

Finally, Aja urged the government to prioritize accountability in its financial dealings. By doing so, he believes Nigerians are more likely to support the new tax laws and see the intended benefits in public services and infrastructure.

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