The Kano State Government has strongly expressed opposition to the proposed tax reform bills before the National Assembly. Governor Abba Kabir Yusuf, who spoke through his Deputy, Aminu Abdussalam Gwarzo, declared the government’s position during the 2025 celebration held at the Filin Mahaha, Kofar Naisa open theatre, a statement issued by the deputy governor’s Chief…
The Nigeria Labour Congress, NLC, yesterday insisted on the withdrawal of the Tax Reform Bills forwarded by President Bola Tinubu to the National Assembly for passage to enable all key national stakeholders to be part of the process. Recall that the bills had drawn sharp criticisms from some parts of the country, especially the north,…
President Bola Tinubu unfurled a raft of directives with far-reaching implications in 2024. From the launch of the compressed natural gas (CNG) initiative to the re-adoption of the old national anthem; from the rejig of his cabinet to the controversial tax bills before the national assembly; 2024 was the year Tinubu attempted to steady a…
President Bola Tinubu has stated that his administration’s tax reforms have come to stay. The Nigerian leader stated this on Monday night while speaking during his first presidential media chat in Lagos State. The tax reform bills, which are before the National Assembly, have generated controversies and met push back especially from the Northern leaders,…
Former Speaker of the House of Representatives, Yakubu Dogara, has said that multiple and obsolete taxation has denied Nigeria so much foreign investments over the years as potential investors were scared of setting up their businesses in the country due to the tax system. He stated this on Thursday in Kaduna at a town hall…
The Nigeria Governors Forum (NGF) meeting in Abuja ended without a communiqué, sparking speculation about the discussions. Sources revealed that the governors failed to reach an agreement on the contentious tax reform bills presented by President Bola Tinubu to the National Assembly. The new tax bills have been met with widespread criticism and opposition from…
GISTSMATE MEDIA reports that the senators from the South-Eastern part of Nigeria have declared their support for the President Bola Tinubu’s Tax Reform Bills. This was disclosed via a terse statement shared via the X handle of Senator Orji Uzor Kalu on Monday, December 9. The statement reads: “The Tax Reforms Bills were thoroughly deliberated…
Taiwo Oyedele, the chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has listed ways Tax Reforms will benefit Nigerians. Through a post on his X account on Monday, December 9, Oyedele highlighted ways households and individuals including the youth, small businesses, businesses and investments, high income earners and HNIs and subnational governments…
All senators from the south-south geopolitical zone in the 10th Senate have endorsed the tax reform bills currently under consideration by the National Assembly. In a communiqué released in Abuja, the senators also expressed unwavering confidence in Senate President Godswill Akpabio. Their support for the Tax Bills came amid resistance from certain quarters calling for…
GISTSMATE MEDIA reports that the Senate has suspended action on the tax reform bills currently before it. It further instructed the Committee on Finance to stay action on the public hearing pending the time the agitation in the public space is addressed. The Senate further constituted a special committee to meet with the executive branch…