President Tinubu's tax reform bills are stirring up quite the dance in Nigeria's political sphere! Find out why some leaders are stepping up to the beat while others are looking to sit it out!
Nigeria is currently witnessing a political dance-off of sorts over President Bola Tinubu's proposed tax reform bills. The President's initiatives have ignited fiery debates across various segments of the country, particularly drawing the ire of former Sokoto State Governor and Senator Aminu Tambuwal. He has publicly criticized the timing and implications of these tax reforms, claiming that they might not sit well with the general populace, especially in the Northern regions. Tambuwal’s comments echo a significant concern over whether these reforms will benefit everyone or just a select few states, namely Lagos and Rivers.
Adding fuel to the fire, Governor Babagana Zulum of Borno State insists that the proposed bills would predominantly favor the southern states, leaving the North feeling sidelined. He and other Northern governors have urged President Tinubu to reconsider these bills before they hit the public sphere, cautioning that such unilateral reforms could deepen regional tensions. Despite the President's intentions of streamlining the country's tax and economic systems, the perceived lack of inclusivity is causing many to push back.
The debate surrounding this topic is mirrored in the political dynamics of Nigeria, where regional interests often collide with national policies. Amidst the uproar, Senate President Godswill Akpabio has stepped in to mediate, instructing the committee to include insights from the National Economic Council and the Nigerian Governors' Forum. The aim appears to be achieving a balance that respects the needs of both the North and South, but will this effort be enough to quell the rising discontent?
In a surprising twist, certain youth groups from Northern Nigeria have joined the fray, expressing their frustration with Deputy Senate President Barau Jibrin over his handling of the situation. These developments showcase the need for a collaborative approach to taxation that considers regional disparities and promotes economic fairness.
Fun fact: Did you know that Nigeria has one of the highest rates of informal employment in the world? With so many citizens in the informal sector, how tax reforms are structured could have a profound impact on national revenue.
Another interesting tidbit: Taxation in Nigeria has been a hot topic for decades! Many might remember the controversial VAT increase in 2020, which sparked nationwide protests. The ongoing dialogues about Tinubu's tax reform bills show that the country is not new to engaging in spirited debates over financial policy.
Former Governor of Sokoto State and Senator representing Sokoto South, Aminu Tambuwal, has criticised President Bola Tinubu's proposed tax reform bill, ...
Former Governor of Sokoto State, Senator Aminu Tambuwal has kicked against President Bola Tinubu's Tax reform bills that has generated controversies from.
The Senate President, Godswill Akpabio, also directed the committee to involve the National Economic Council (NEC), Nigerian Governors' Forum (NGF) and Civil ...
Youths from Northern Nigeria extraction have explained that they are angry with the Deputy Senate President, Barau Jibrin, because of his alleged.
Borno State Governor, Professor Babagana Zulum explained why the northern governors advised President Bola Tinubu to withdraw the controversial tax reform ...
The four tax reform bills proposed by President Bola Tinubu are stoking anger in Northern Nigeria, with groups in the region demanding the suspension of ...
What's the Fuss About? President Tinubu recently sent four tax-related bills to the National Assembly. These include: Nigeria Tax Bill.
By Faruk Shuaibu & Dalhatu Liman, Abuja & Abdullateef Aliyu, Lagos As the controversy regarding the impact of the new tax reform proposed by the federal ...
Ohanaeze Ndigbo Worldwide has declared their total support for President Ahmed Tinubu's tax reform bills. The Igbo Apex socio-cultural Organization.
Borno State Governor, Babagana Zulum, on Sunday, said the implementation of the proposed tax reform bills would disproportionately benefit Lagos State, ...
But the controversy over the four tax bills continued on Sunday, with former Vice President Atiku Abubukar, however urging federal lawmakers to prioritise ...
The bills are the Joint Revenue Board of Nigeria (Establishment) Bill, 2024 -SB.583; The Nigeria Revenue Service (Establishment) BILL, 2024- SB.584; ...
Key critics, including former Vice President Atiku Abubakar, Borno State Governor Babagana Zulum, and former Sokoto State Governor, Aminu Tambuwal, have voiced ...
Former Speaker of the House of Representatives, Yakubu Dogara, has cautioned the North against condemning President Bola Tinubu for the proposed tax.
Since the introduction of the bills before the National Assembly, prominent figures in the northern region have faulted them. Millions of others in the region ...
The chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has explained the essence of the tax reform bills proposed by.
In October 2024, President Bola Ahmed Tinubu sent a bill to the National Assembly seeking their approval to adopt a comprehensive reform on Nigeria taxation ...
The new refinery will join shortly and Warri refinery too. We should be joyous.The Nigeria Labour Congress (NLC) has been put to shame. And it is a bigger shame ...
President Bola Tinubu's four tax reform bills, which include the Joint Revenue Board of Nigeria (Establishment) Bill, 2024-SB.583; the.
Amid stiff opposition from Northern leaders, an Islamic cleric, scholar Ahmad Abubakar Gumi has said the controversial Tax Reform Bills is a good package.
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has responded to the question on the new Tax Reform Bills.
The Tax Reform Bills, according to President Bola Tinubu, are meant to protect small companies from paying taxes and put in place a system.
President Bola Tinubu's Special Adviser on social media, Dada Olusegun, has disclosed that the New Nigeria Peoples Party, NNPP, presidential candidate,