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Tax Reform Bills: Tinubu urges NASS to enact workable law - Voice of Nigeria Forum

Tax Reform Bills: Tinubu urges NASS to enact workable law - Buzzyforum

Tax Reform Bills: Tinubu urges NASS to enact workable law

Profile Picture by BishopNuel at 04:07 am on February 25, 2025
Barely four months after introducing the tax reform bills and sending them to the National Assembly for consideration and passage, President Bola Tinubu has asked the Senate to give him workable laws from the bills.

During the first day of the two-day public hearing on the bills, there were no dissenting voices, unlike at the outset when major controversy heralded their introduction, with the Governors’ Forum as the major opposition.

Most stakeholders at the event on Monday threw their weight behind the hitherto contentious bills at the public hearing organised by the Senate Committee on Finance.

Against expectations, the Arewa Think Tank, led by its convener, Muhammad Alhaji Yakubu, debunked the insinuation that the northern part of the country was against the proposed laws.

President Tinubu’s request for workable laws from the bills—including (i) The Nigeria Tax Bill 2024, (ii) Nigerian Tax Administration Bill 2024, (iii) Nigeria Revenue Service Establishment Bill 2024, and (iv) Joint Revenue Board Bill 2024—was disclosed by the Chairman of the Senate Committee on Finance, Senator Sani Musa (Niger East), in his remarks at the public hearing.

“I met President Bola Ahmed Tinubu (GCFR) two days ago on the tax reform bills, and he told me, ‘Mr. Chairman, Senate Committee on Finance, go and do the needful.

“Give me a law that is workable from the tax reform bills I forwarded to the Senate and the House of Representatives in October last year.

https://guardian.ng/politics/tax-reform-bills-tinubu-urges-nass-to-enact-workable-law/

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