Tax increment could breed crisis in Nigeria economy, Miyatti Allah warns 

The SouthEast zonal Chairman, Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), Alhaji Giddado Sadiq has disclosed that the group had no issue with farmers in the country especially the South East region.
Alhaji Sadiq, who spoke to newsmen in Awka, the Anambra State, yesterday while reacting to federal government plans to increase Value Added Tax from 5 to 7.5% and CBN tax on Savings and Withdrawals for cashless policy, said that relationship between farmers and herders in the zone were cordial except that jobless (idle) people sometimes instigate crisis among them.
He appealed to President Muhammed Buhari led federal government to reconsider decision on tax increment to avoid multiplying the sufferings of people and in turn increase unemployment that could affect the country economy and at the same time breeds vices in the society.
“It might be counterproductive if government increase or impose more tax on the poor masses because it will make people to suffer. You know we are still facing weak economy. There are high rate of unemployment in Nigeria. If the tax should affect those struggling to earn a living they may start engaging on social vices.
“You know it is not farmers that have issues with the herders but idle people. If more people are left to suffer they might go into crimes which will not augur well on us. Our government should find way of doing something about it,” he stated.
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