ADC demands full disclosure of FIRS-France tax agreement

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The African Democratic Congress has called for the full publication of the digital tax reform and revenue administration agreement recently signed between the Federal Inland Revenue Service and French government.

The opposition party warned that the secretive deal could compromise Nigeria’s data security and national sovereignty.

In a statement on Sunday via X, ADC Spokesperson Bolaji Abdullahi said the party’s review of expert opinions revealed significant risks.

He criticised the FIRS for failing to clarify what benefits France would derive from the deal, and without proper consultations with Nigerians.

The statement read, “Quite significantly, we note the overwhelming concern that the agreement potentially endangers Nigeria’s data security and exposes strategic national economic information to foreign exploitation.

“Attempts by the FIRS to explain these concerns away have failed to convince anyone that the agreement was done in the nation’s best interest, especially given the manner in which it was hurriedly and secretly packaged.

“Tax matters are about business, not charity. In entering into this business agreement, the FIRS has told us what Nigeria stands to benefit. However, it has failed to tell us what France stands to benefit from this deal. Punch