2027: Makinde promises tax breaks, reaffirms claim on unremitted ₦250bn fund

Oyo State Governor Seyi Makinde, the presidential candidate of the Allied Peoples Movement (APM), has vowed to introduce tax breaks for entrepreneurs if elected to the presidency in 2027. During a meeting with party stakeholders in Akwa Ibom State, Makinde criticized the Federal Government led by President Bola Tinubu, alleging that the administration prioritizes taxing the poor over wealthy individuals.

Upon taking office, Tinubu's administration implemented tax reforms that have sparked mixed reactions, with many Nigerians fearing that the changes could harm the middle class. However, the Presidency has consistently denied these claims, stating that the reforms aim to protect low and middle-income earners. Makinde's administration in Oyo State has increased internally generated revenue without raising taxes, and the APM presidential candidate claims his proposed RESET agenda would encourage entrepreneurship and promote economic growth.