adsAdewole Adebayo, Presidential candidate of the Social Democratic Party (SDP) has accused the President Bola Ahmed Tinubu of running an administration focused more on extracting taxes from Nigerians than creating economic opportunities for citizens.
Adebayo, who spoke during a televised interview, described the Tinubu administration as a government driven by aggressive revenue extraction rather than productivity and economic development.
The SDP flagbearer said contrary to insinuations, he was not opposed to taxation, but argued that government should first create an enabling environment for citizens and businesses to thrive before imposing heavy tax burdens.
“You cannot form a government for the purposes solely of extracting tax from the people,” he said.
According to him, the role of government should be to stimulate productivity, support innovation and help small businesses grow into larger enterprises capable of creating jobs and wealth.
