NECA warns tax hike will bring hardship to individuals, businesses

The Nigeria Employers’ Consultative Association (NECA) advises that any attempt by the Federal Government to increase taxes will lead to negative impact on households, individuals and businesses.

NECA’s  Director-General, Mr Adewale-Smatt Oyerinde, in a statement on Sunday said that such move would only lead to disaster for an economy struggling to stay afloat.