After months of uncertainty, the House of Representatives yesterday debated the four tax bills transmitted to the National Assembly for consideration and passage by President Bola Tinubu. The bills scaled second reading after the lawmakers reached a consensus on the contentious Value Added Tax provisions during plenary, reports The PUNCH. In 2...
•Tinubu The Benin Zone of the Academic Staff Union of Universities has kicked against the proposed Nigeria Tax Reform Bill by the federal government, saying it will destroy public institutions in the country. Addressing journalists at the weekend, the Zonal Coordinator, ASUU Benin Zone, comprising nine universities, Prof. Monday Lewis Igbafen,...
The Senate at commencement of plenary today replaced the Chief Whip, Senator Tahir Monguno (APC, Borno North), with Senator Kaka Shehu (Borno Central) to represent the North East geo-political zone in the committee scheduled to meet with the Attorney General of the Federation (AGF) on Thursday (today). The Senate yesterday constituted a 10-man...
•House of Representatives The House of Representatives has suspended indefinitely the debate on the Tax Reforms Bills earlier fixed for Tuesday following mounting pressure from the 19 northern states governors. The planned debate was called off in a memo signed by the Clerk of the House of Representatives, Dr Yahaya Danzaria, as 73 northern la...
•Micheal Ale and Tinubu A development expert and founder of the Global Initiative for Nigeria Development, Micheal Ale, has cautioned the Tinubu-led federal government against implementing tax reforms that could deepen poverty among Nigerians. Ale, in a statement today in Ado Ekiti, Ekiti State, described the proposed tax reforms as “a grossly...
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