Tax Reform Bills
4 Dec
The Senate has suspended further action on the contentious Tax Reform Bills following widespread public outcry and opposition from Northern Governors, who described the bills as "anti-democratic." The decision was announced by Deputy Senate President Jibrin Barau during Wednesday’s plenary. Barau explained that the Senate Committee on Finance had been directed to halt public hearings…
4 Dec
President Bola Tinubu’s contentious tax reform bills once again stirred intense debate yesterday, sparking chaos during a House of Representatives plenary session, as prominent Nigerians and various interest groups nationwide continued to voice fierce opposition and unwavering support.
4 Dec
A firm, Alpha-Beta Consulting LLP, has strongly refuted the recent claims of its involvement in the Federal Government's proposed Tax Reform Bills currently under review by the National Assembly.
3 Dec
The new Nigeria Tax Reform Bills before the National Assembly will repeal over 50 taxes that constitute nuisance to Nigerian taxpayers. Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, stated this in his post on his X handle on Tuesday. The new tax bills have generated a lot of controversy…
3 Dec
The Chairman, Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified a post challenging a proposed increase in the rate of Value Added Tax (VAT) which he shared on X in 2019. In the post, Oyedele said VAT rate increase will lead to higher inflation, interest rate hike, and more unemployment, adding…
3 Dec
The House of Representatives was thrown into a rowdy session following the open declaration of support by the spokesperson of the House, Akintunde Rotimi Jr., for the controversial tax reform bills initiated by President Bola Ahmed Tinubu. Trouble started after Rotimi Jr., representing Ekiti North 1, Ikole/Oye, drew the attention of his colleagues to the…
3 Dec
The Federal Government has said there should be no room for name-calling or the injection of unnecessary ethnic and regional slurs into the national conversation on the Tax Reform Bills before the Senate. The Minister of Information and National Orientation, Mohammed Idris, made the appeal in a statement commending the "robust nationwide debate" that has…
3 Dec
The manifesto released by the 2023 presidential candidate of the New Nigeria People’s Party (NNPP), Rabiu Kwankwaso, has shown alignment with the tax reform proposed by President Bola Tinubu. This is amid his current stance against the Tax Reform Bills, which have passed a second reading in the Senate after they were presented by the…
3 Dec
Nasarawa State Governor, Abdullahi Sule, has clarified that the governors of the 36 states are not opposed to the Tax Reform Bills, as has been perceived, but are instead seeking clarifications on certain aspects. Speaking during Channels Television’s Town Hall on the Tax Reform Bills on Monday, Governor Sule acknowledged the importance of the bills…
3 Dec
As the National Assembly considers the proposed tax reform bills, a member of the House of Representatives, Dr. Ghali Mustafa Tijjani
3 Dec
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said that 90 per cent of Nigerians support the tax reform bills currently before the National Assembly. Taiwo, who stated this on Monday at a special town hall on the tax reform bills on Channels TV, said his team conducted a…
3 Dec
The controversial Tax Reform Bills proposed by President Bola Tinubu were the focus of discussion yesterday during a special town hall meeting on Channels TV as participants expressed their views on the appropriateness or otherwise of the proposed legislation.