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...
Tax Reform bills
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,...
The Kano State House of Assembly on Monday rejected the Tax Reform bills currently under consideration at the National Assembly. At a plenary, presided over by the Speaker, Isma’il Falgore, the lawmakers kicked against the bills after extensive deliberation. The Majority Leader, Lawan Husseini (ANPP-Dala) introduced a motion of...
Borno State Governor, Professor Babagana Zulum, on Sunday, explained why the northern governors advised President Bola Tinubu to hold on before pushing the controversial tax reform bills. The governor who appeared as a guest on Channels Television’s Sunday Politics, said the Northern Governors Forum only needs time for consultation....
By SADIQ ABUBAKAR, Maiduguri– The Executive Chairman of Shani Local Government Area, Hon. Hassan Labaki has said that his people are solidly behind their Senator Mohammed Ndume and Governor Babagana Zulum for their disposition over the controversial Tax Reform Bills sent to the national assembly which has passed second...
By SADIQ ABUBAKAR, Maiduguri – A non-political Group under the umbrella of Southern Borno Concerned Citizens (SBCCs) has expressed shock and displeasure over the position of Senator Mohammed Monguno (APC Borno North) for endorsing the controversial Tax Reform Bills sent to the National Assembly by President Bola Tinubu. It...
The Senate has passed for second reading fours bills designed to reform Nigeria’s tax system. This followed the presentation of the general principles of the bills by the Senate Leader, Opeyemi Bamidele (APC-Ekiti), during plenary on Thursday. The four bills, which were first read on Oct. 30, are:o Joint...
Senator Ali Ndume has reiterated his opposition to the tax reform bills, saying that the hurry by the Presidency and some lawmakers to pass the bills looks suspicious. The tax reform bills which passed for second reading at the Senate on Thursday have raised a lot of controversies since...
The Senate, on Thursday, resumed its debate on the Tax Reform Bills. The bills are a set of four legislative proposals to increase Value-Added Tax (VAT) distributable to the sub national governments to 55 per cent while reducing the federal government’s share to 10 per cent. These far-reaching initiatives...
I have read a ton of views on the proposed Nigeria Tax Administration and other tax reform bills. On one hand, some stakeholders decry the bills as being a contrast to the current administration’s championing for local government autonomy. Some, like the National Economic Council (NEC), last month recommended...
The leader of the Northern Regional Caucus in the House of Representatives, Rep. Alhassan Doguwa, has said that the caucus will allow national interest to take precedence in the consideration of the four tax reform bills. Addressing newsmen in Abuja on a Monday, Doguwa assured that the caucus will...