Popular Nigerian economists and financial analysts have backed President Bola Ahmed Tinubu's tax reform bills amid controversy the bills have garnered in the past weeks.
Popular Nigerian economists and financial analysts have backed President Bola Ahmed Tinubu 's tax reform bills amid controversy the bills have garnered in the past weeks. Recall that on October 3, 2024, Tinubu sent four tax reform bills, including the Nigeria Tax Bill 2024, the Tax Administration Bill, the Nigeria Revenue Service Establishment Bill, and the Joint Revenue Board Establishment Bill to the National Assembly. However, there have been oppositions to the bills.
Oyedokun said the government must address three basic challenges to the bills, including the issue of economic disparities, political dynamics and its dependency on consumption. According to him, for the tax reforms to be successful, a careful balance should be struck to ensure all regions feel fairly treated and benefits are equitably distributed. In the long run, he said, 'It is necessary for us to have the bill passed.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
#USElection2024: How Electoral College, not popular vote, picks US presidentIn 2016, when Donald Trump was elected, Hillary Clinton won the popular votes, receiving 2.9 million more votes nationwide.
Read more »
High Tariff: Nigerian ministers, others to speak on electricity crisis in Nigerian schoolsThe summit, organised by the Education Writers’ Association of Nigeria (EWAN), is aimed at addressing the escalating conflicts between tertiary institutions and electricity distribution companies (Discos) due to high electricity tariff.
Read more »
Certain Nigerian President came to office without planFormer President Olusegun Obasanjo, has said the leadership deficit in the world, especially in Africa and particularly in Nigeria, is responsible for the situation the country has found itself in. Obasanjo accused an unnamed Nigerian president of coming to office without a plan.
Read more »
Obasanjo: How can a Nigerian president come into office without a plan?Olusegun Obasanjo, former president, has criticised some presidents for taking office without a clear plan for the country.
Read more »
Tinubu’ll be a saint, next Nigerian president worstSociopolitical activist Aisha Yesufu has said President Bola Tinubu's supporters would ensure a worse president succeeds him. Yesufu stated that Tinubu's supporters would ensure his successor canonizes him and makes him a saint. She noted that former presidents Goodluck Jonathan and Muhammadu Buhari cannot be described as good leaders.
Read more »
Newspaper Headlines: Diphtheria killed 1,191 persons in 17 months, says NCDCThe cabinet reshuffle of President Bola Tinubu dominates the cover pages of Nigerian newspapers.
Read more »