Northern Governors have rejected the recent tax reform bill that was sent to the National Assembly by President Bola Ahmed Tinubu's government. The governors disclosed this in a communiqué on Monday by the Chairman of the Northern Governors' Forum, Muhammadu Inuwa, the governor of Gombe State.
Northern Governors have rejected the recent tax reform bill that was sent to the National Assembly by President Bola Ahmed Tinubu 's government. The governors disclosed this in a communiqué on Monday by the Chairman of the Northern Governors' Forum, Muhammadu Inuwa, the governor of Gombe State. This comes as Tinubu , on October 3, 2024, had forwarded a tax reform bill to the Senate and House of Representatives for approval.
'The contents of the Blare against the interests of the north and other sub-nationals, especially the proposed amendment to the distribution of value-added tax to a derivation-based model. 'This is because companies remit VAT using the location of their headquarters and tax office and not where the services and goods are consumed.
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