The controversy triggered by President Bola Ahmed Tinubu to reform Nigeria’s tax regime is not about to go away. The reform controversy dominated the headlines for most of last week as the Senate debated the four bills Tinubu had sent to the National Assembly to effect fundamental changes in the tax regime. The Senate debate…
Former Vice President Atiku Abubakar has finally spoken out on the contentious tax reform bills proposed by President Bola Tinubu. Atiku’s statement comes on the heels of the National Economic Council’s (NEC) recommendation to withdraw the Tax Reforms Bill, which is currently before the National Assembly. In a statement released on Sunday, Atiku cited the…
Governor Babagana Umara Zulum of Borno State has criticised the tax reform bills, saying it will drag the northern part of the country backward. The bills, transmitted to the National Assembly by President Bola Ahmed Tinubu in September, have faced stiff opposition, especially from the north, with stakeholders calling for its withdrawal. Daily Trust had…
GISTSMATE MEDIA reports that the Nigerian Senate has passed the Tax Reform Bills proposed by President Bola Tinubu. The bills, which were presented by Senate Leader Opeyemi Bamidele, were passed after a closed-door session that lasted over an hour. The Tax Reform Bills are aimed at overhauling Nigeria’s tax system to drive revenue generation, simplify…
There was a mild drama Wednesday at the National Assembly, Abuja, as the Senate attempted to allow members of President Bola Tinubu’s economic team into the chamber. The Senate Leader, Opeyemi Bamidele (APC, Ekiti Central), had moved for suspension of Order 12 to allow for visitors into the chamber. Bamidele said, “Tax experts and consultants…