Raising inflation:Despite Tinubu's tax suspension, the private sector still wants further exemptions.
The organized private sector expressed its appreciation for the tax suspensions announced by President Bola Tinubu on Thursday, stressing that they demonstrated the Federal Government's awareness of the difficulties facing residents and businesses. However, the business owners in the private sector emphasized that the tax suspensions were insufficient to stop the rise in inflation and other macroeconomic headwinds that threatened the viability of many small local enterprises.
The organized private sector expressed its appreciation for the tax suspensions announced by President Bola Tinubu on Thursday, stressing that they demonstrated the Federal Government's awareness of the difficulties facing residents and businesses.
However, the business owners in the private sector emphasized that the tax suspensions were insufficient to stop the rise in inflation and other macroeconomic headwinds that threatened the viability of many small local enterprises.
SOURCE:PUNCH
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