Reps to meet Tinubu’s team on tax reform bills tomorrow 

House of Reps. Pix: X

The House of Representatives has said it will meet with members of the executive to deliberate on the tax reform bills currently before the National Assembly.

The internal Interactive session slated for Monday is expected to provide clarification on the proposed reforms.

Spokesman of the House, Akin Rotimi, who disclosed this in a statement on Sunday, said the parley underscores the House’s commitment to ensuring robust engagement and informed legislative action on critical policy reforms

Tinubu in September transmitted four tax reform bills to the National Assembly for consideration, following the recommendations of the Presidential Committee on Fiscal and Tax Reforms headed by Taiwo Oyedele for the review of existing tax laws.

The bills are the Nigeria Tax Bill 2024, which is expected to provide the fiscal framework for taxation in the country, and the Tax Administration Bill, which will provide a clear and concise legal framework for all taxes in the country and reduce disputes.

Others are the Nigeria Revenue Service Establishment Bill, which will repeal the Federal Inland Revenue Service Act and establish the Nigeria Revenue Service, and the Joint Revenue Board Establishment Bill, which will create a tax tribunal and a tax ombudsman.

The executive bills have, however, not gained the support of state governors who called for their withdrawal a fortnight ago to allow for more consultation; a proposal rejected by President Tinubu.

Rotimi added that the interactive session would provide members with a platform to engage directly with the principal promoters of the reform bills from the Executive.

“Thus, this engagement will enable Members seek clarifications, pose critical questions, & gain deeper insights into the proposed reforms. Such understanding is vital to strengthening the legislative process and enhancing Members’ contributions to the deliberations on these bills,” Rotimi said.

He observed that the lower chamber recognised the national significance of the proposed reforms and their implications for fiscal policy and governance, adding that the House was committed to advancing the nation’s development through transparent, inclusive, and informed legislative processes.

Rotimi said the public is invited to note that while “this is an internal interactive session, it does not foreclose the customary public hearing—a crucial step in the lawmaking process.

“At such hearings, members of the public are provided with an opportunity to gain deeper insights into legislative proposals and make meaningful inputs aimed at shaping effective reforms.”

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