The Borno State Governor, Babagana Zulum, has insisted that the proposed tax reforms by President Bola Tinubu should not be implemented as they are......Read The Full Article>>.....Read The Full Article>>
Governor Zulum maintained that if the bills are passed, most of the money from the Value Added Tax (VAT) will go to Lagos State.
He, however, warned that if President Bola Tinubu uses his power and influence to get the bills passed by the National Assembly without making the necessary adjustments, there would be consequences for the people.
While insisting that he is not against the administration of President Tinubu, Zulum asked for more time for consultations on the tax reform proposals in the spirit of democracy.
The Borno State Governor added that contrary to insinuations in some quarters, the Governrs are not against the President.
“We know the power of the president. I’m a system man; I respect him. If the president wants to use his power to pass the tax bill, he may have his way, but it has its consequences on the people,” Zulum said during the interview with Channels Television on Sunday.
SharpNews recalls the President in October, asked the National Assembly to consider and pass the Joint Revenue Board of Nigeria (Establishment) Bill, 2024 -SB.583; The Nigeria Revenue Service (Establishment) BILL, 2024- SB.584; The Nigeria Tax Administration Bill, 2024-SB.585; and the Nigeria Tax Bill, 2024 – SB.586.
Despite opposition from some quarters against the bills, the Senate has passed the bills for second reading.
