The Ethnic Youth Leaders Council has thrown its full weight behind the Federal Government's ongoing tax reforms, issuing a strong warning to vested interests it accuses of trying to undermine the process. The council's statement, released on Tuesday, January 14, 2026, positions the new tax regime as a cornerstone for Nigeria's economic recovery.
Council Declares Support, Highlights Reform Benefits
In its declaration, the council described the reforms led by Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, as essential for the nation's fiscal health. The group emphasized that the policy is designed to achieve several critical objectives:
- Widening the government's revenue base to reduce dependency on borrowing.
- Promoting fairness and equity within the tax system.
- Establishing a foundation for long-term economic stability.
The council stated unequivocally that any attempt to frustrate the implementation of this law is against the collective national interest.
Warning Against "Vested Interests" and Calls for Vigilance
The youth leaders did not mince words regarding opposition to the reforms. They alleged that resistance is primarily coming from powerful groups who prospered under the old, flawed system.
"We are aware of subtle and overt moves by vested interests who benefitted from the old, inefficient system and are uncomfortable with reforms that promote transparency, accountability, and shared responsibility," the statement read.
The council vowed not to stand by idly, asserting that the reforms hold significant long-term benefits for the country, especially for the younger generation. They called on security agencies and relevant institutions to remain alert and protect the lawful implementation process from any form of disruption.
Path Forward: Patience and Constructive Dialogue
While commending the government's resolve, the Ethnic Youth Leaders Council appealed to all Nigerians for patience as the reforms roll out. They stressed that concerns should be channeled through constructive engagement and dialogue rather than through obstruction or sabotage.
"Constructive engagement, not sabotage, remains the appropriate path for addressing concerns," the group advised.
Reaffirming their commitment, the council pledged to mobilize and sensitize stakeholders across the nation in support of policies they believe will strengthen national development. "The youth are prepared to play their part," the statement concluded, underscoring their role in safeguarding Nigeria's economic transformation.
