By DAVID IORJA, Abuja – President Bola Tinubu has commended the Nigeria Governors’ Forum (NGF) following their endorsement of the four Tax Reform Bills currently under consideration by the National Assembly. President Tinubu in a statement on Thursday by his media aide, Bayo Onanuga, lauded the governors for their...
Tax Reform bills
By CHRISTIANA LOT, Jos – The Northern Minority Alliance for Balanced Leadership (NOMAL) has declared its support for President Bola Tinubu, commending the administration’s initiatives in the Tax Reform Bills. The group urged the National Assembly to expedite the passage of the bills, citing their importance in strengthening fiscal...
Nigerian governors have thrown their weight behind the Federal Government’s tax reform bills. But they are proposing a new sharing formula for value-added tax (VAT). The decision followed a meeting of the Nigeria Governors’ Forum (NGF) and the Presidential Tax Reform Committee which was held on Thursday. In a...
The Academic Staff Union of Universities (ASUU) has called on the National Assembly to reject any provision of the Nigeria Tax Bill 2024 that undermines Tertiary Education Trust Fund (TETFund)’s effectiveness and existence. The News Agency of Nigeria (NAN) reports that TETFund is a scheme established by the Federal...
The presidency on Friday cautioned Governor Bala Mohammed of Bauchi State over his sustained criticism of the Tax Reform Bills before the National Assembly. Special Adviser to the President, Media and Public Communication, Mr Sunday Dare, in a statement, said attempts to stampede or abort the tax Reform Bills...
By ARMSTRONG ALLAHMAGANI, Bauchi – Bauchi State Governor, Bala Mohammed has again berated President Bola Tinubu, over the policies introduced by his administration especially the Tax Reforms Bills which he described as anti-northern Nigeria. According to him, the Tax Reforms Bills are aimed at favouring just a section of...
A former presidential spokesman Dr Doyin Okupe, has said opponents of the proposed Tax Reform Bills are enemies of the country, saying the bills are pro-poor and pro-development. Okupe, in an interview with the News Agency of Nigeria (NAN) in Lagos, said that no right thinking person would stand...
By Kingsley Okoye, News Agency of Nigeria (NAN) Since the recent introduction of four tax reform bills by the executive arm, the National Assembly has taken a significant step toward contributing significantly to the latter’s quest to revolutionalise the country’s tax system. Over the years, many tax experts, who have...
The former Speaker of the House of Representatives, Yakubu Dogara, has backed the tax reform bills of President Bola Tinubu, which have generated concerns especially in the Northern part of the country. Dogara supported the tax reform bills at a Town Hall meeting organised by the Christian Awareness Initiatives...
By SADIQ ABUBAKAR, Maiduguri – The Coalition of Northern Groups (CNG) Students Wing, University of Maiduguri (UNIMAID), has joined the growing opposition to the controversial tax reform bills. The leader and spokesperson of the CNG, UNIMAID branch, Comrade Fatima Abubakar, at a press conference held on Friday at the...
Members of the Nigeria Governors’ Forum (NGF) held an in-person meeting at the Forum’s Secretariat in Abuja on Wednesday night. Fifteen governors, mainly of the All Progressives Congress (APC), were present at the meeting as of the time of filing this report. Governor Alex Otti of Abia State elected...
By IBRAHIM MOMOH, Lokoja – A Coalition of Northern groups (CNG), has called for immediate suspension of Tax Reform Bills so as to allow wider engagement and collective inputs of critical stakeholders and Nigerian citizens towards implementing a more equitable, transparent and sustainable Tax administration reform for the country....
The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has strongly opposed President Bola Ahmed Tinubu’s contentious tax reform bill, which the National Assembly is currently considering. In a comprehensive nine-page memorandum obtained by Economic Confidential, RMAFC outlined a range of legal, constitutional, and technical objections to the proposed legislation....
Ogun State Governor, Dapo Abiodun has said most of the disquiet over the Federal Government-led proposed tax reform in the country is borne out of misunderstanding. Governor Abiodun spoke with the News Agency of Nigeria (NAN) on Thursday at the ongoing Africa Investment Forum, Market Days 2024, in Rabat,...
Senators from the South-South geopolitical zone of Nigeria have expressed support for the Tax Reform Bills presented to the National Assembly by President Bola Tinubu. The lawmakers under the aegis of the South-South Senators’ Forum stressed the importance of tax reforms in boosting national revenue and fostering economic stability....
The Senate on Thursday said that it did not suspend deliberations on the Tax Reform Bills as reported in some quarters. Leader of the Senate, Opeyemi Bamidele, made the clarification when he raised Senate Point of Order 42, during plenary. Raising the order, Mr Bamidele said that it was...
By JOHN ONAH, Abuja – The Colleges of Education Academic Staff Union (COEASU), has noted with serious concern the inimical effect of the proposed tax reforms of the Federal Government on Tertiary Education in Nigeria. The President of the Union, Dr. Smart Olugbeko, said in a statement on Wednesday...
Tax Reform Bills: Tinubu directs Justice ministry to work with National Assembly to address concerns
Tax Reform Bills: Tinubu directs Justice ministry to work with National Assembly to address concerns
By DAVID IORJA, Abuja – President Bola Ahmed Tinubu has directed the Federal Ministry of Justice to work closely with the National Assembly to address concerns regarding the new tax reform bills. President Tinubu gave the directive in a statement issued on Tuesday in Abuja by the Minister of...
By EMMANUEL KUJE, Abuja – The 2023 Labour Party Presidential candidate, Peter Obi, has emphasized the importance of tax reform and the need for a robust and informed public debate on the critical issue. Mr. Obi in a tweet on Tuesday, tressed that any reform must be subject to...
By DAVID IORJA, Abuja – The presidency has clarified that the tax reform bills will not eliminate key agencies like TETFUND, NASENI and NITDA. Special Adviser to the President (Information & Strategy), Bayo Onanuga, said in a statement on Monday that the bills aim to simplify the tax system,...