Reverse Tenancy Tax Or Face Workers’ Wrath – Trade Union Blows Hot

Trade Union warns FG to reverse Tenancy Tax or face a backlash from workers


Get real time updates directly on you device, subscribe now.

The Trade Union Congress (TUC) has warned the federal government to reverse the new stamp duties on house rents.

The Union in a statement jointly signed by its President, Quadri Olaleye and the Secretary General, Musa-Lawal questioned the timing of the new fiscal measure.

READ ALSO: Akpabio exposes Lawmakers, Companies awarded NDDC Contracts (Full List)

According to the new stamp duties released by the Federal Inland Revenue Services (FIRS) rent between 1-7 years is 0.78%; above 7 to 21 years is 3%; above 21 years is 6%.


The Union leaders said while other countries are giving palatives to their citizens, Nigerian government intends to further burden the citizens.

“We are calling on the federal government to immediately order the FIRS to stay action if it does not want to incur the wrath of workers and Nigerians.

READ ALSO: Failure to get N1.6m for business led us into robbery – Lagos suspects

Meanwhile, earlier reported that Nigerians have a lot to be thankful for as security has become better than it was five years ago, the Chief of Army Staff, Lt.-Gen. Tukur Buratai has said.

He stated this Sunday at a sit-out with soldiers Wounded In Action (WIA) being treated at the 44 Nigerian Army Reference Hospital, Kaduna.


Buratai said that Nigerians were grateful for the sacrifice made by the soldiers as the nation has become safer.


“I am proud you have made the impact that some of our colleagues and Nigerians are safe and I am equally happy that we are living in peace and Nigeria is safer now than we had five years ago,” the Army chief said.


Hailing their sense of patriotism, professionalism and sacrifice, he noted that their sacrifices would not go without being rewarded.


Buratai said that the wounded soldiers would get adequate medical care and get trained on entrepreneurial skills to sustain them after recuperation.

He said, “We will continue to send our officers to see how we can get you rehabilitated through skills acquisition programme so that when you recuperate, you can go back to the field.


“We must develop these facilities here. Those equipment we don’t have we will get, so you don’t need to get surgery elsewhere. This is one of the hospitals we have upgraded.”

READ ALSO: Akpabio exposes Lawmakers, Companies awarded NDDC Contracts (Full List)

Leave a Reply

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.