Senator Ali Ndume of Borno South criticizes the timing and scope of Nigeria's tax reform bills, arguing they disproportionately affect low- and middle-income Nigerians. He asserts that the North is a valuable asset to the country and calls for the withdrawal of the bills, urging broader consultations and a focus on expanding the tax net and improving accountability within the Federal Inland Revenue Service (FIRS). Ndume also advocates for scrutinizing commercial banks' profits and prioritization of governance reforms over tax reforms.
Borno South senator, Ali Ndume, says the North is an asset and not a liability to Nigeria . The assertion follows his opposition to the tax reform bills. In a statement he released on Monday, Ndume again criticised the timing and scope of the bills, saying that they disproportionately target low- and middle-income Nigeria ns who are already bearing the brunt of the President Bola Tinubu administration’s economic policies.
' Ndume called for the withdrawal of the tax reform bills, stressing the need for broader consultations and greater stakeholder involvement and advised the Federal Inland Revenue Service, FIRS, to focus on expanding the tax net and improving accountability and transparency. He opined, 'The FIRS should concentrate on expanding the tax net and collecting more. Also, accountability and transparency should be increased.
Nigeria North Tax Reform Senator Ali Ndume Economic Policy
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