Peter Obi Criticizes Tinubu’s Inconsistent Policies on Business Duties

Peter Obi, the National Leader of the Labour Party (LP), has voiced his concerns about President Bola Tinubu’s inconsistent policies on duty charges for businesses in Nigeria.

According to Obi, these arbitrary charges are negatively affecting the general business atmosphere in the country.

In his statement, Obi mentioned that “such arbitrary charges will obviously lead to further decline in investment, production, employment, and revenue generation.”

He called on the President to address the issue and create a more stable and predictable business environment to encourage investment and economic growth.

The inconsistency in duty charges has been a long-standing issue in Nigeria, with various business leaders and experts expressing their concerns over the years.

Many have argued that unpredictable and fluctuating duty charges create uncertainty and discourage both domestic and foreign investment.

This latest criticism from Peter Obi comes at a time when the Nigerian economy is facing several challenges, including high inflation, a weak currency, and a high unemployment rate.

The country’s economic growth has also been sluggish in recent years, with many businesses struggling to stay afloat.

President Tinubu’s administration has yet to respond to Peter Obi’s criticism, but it is expected that the government will address the issue in the coming days.

Many Nigerians are now calling for a comprehensive review of the country’s duty charges and a more transparent and predictable system to encourage investment and economic growth.

Peter Obi’s criticism of President Tinubu’s inconsistent policies on business duties highlights the need for a more stable and predictable business environment in Nigeria.

It remains to be seen how the government will respond to these concerns and what steps it will take to address the issue.