Urges FG to review generous incentives, exemptions granted to oil and gas, other large corporations
CPPE faults fund’s support for monetary tightening, advocates development financing
James Emejo in Abuja and Dike Onwuamaeze in Lagos
The Alliance for Economic Research and Ethics (AERE) has urged the federal government to reject the International Monetary Fund’s (IMF) recommendation for additional taxes on fuel and telecommunications services, warning that such measures could worsen poverty, stifle businesses and undermine ongoing efforts to stimulate economic recovery.
Instead, the policy think tank proposed a seven-point reform agenda which it said would strengthen government finances, improve revenue generation and support economic growth without imposing fresh burdens on Nigerians.
