PDP senator, Seriake Dickson, said the tax bills are in the interest of the country.
Beneath the Surface: The Dark World of Illicit Tin Mining in PlateauNigerian lawmakers violate country’s law, ignore PWD’s needs despite spending N42 billion on renovationsSPECIAL REPORT: How disinformation fueled ethnic tensions in KadunaWhen Medicines Fail: Many Nigerians battle antimicrobial resistance, AMRINVESTIGATION: Dasuki Money Trail: How ex-NSA approved suspicious billions for family...
“Forget about uproar, there will be no uproar. Public hearing is an opportunity for people to present their matters, and nobody is going to be intimidated by uproar,” the senator said.second reading at the Senate on Thursday. They were referred to the Senate Committee on Finance chaired by Niger East Senator, Sani Musa, for further legislative action, including holding a public hearing.
He argued that if the National Assembly could pass the Petroleum Industry Act prescribing three per cent statutory for host communities despite several criticisms from the people of Niger Delta region, that of the tax reform bills won’t be an exception. “Now there is an opportunity to review the tax laws, to correct the anomalies and that’s why I’m in support,” he added.“I know there are states that are feeling that when they apply the new sharing formula, they will earn less. It is for them to raise those issues and bring the statistics. I don’t go by sentiments. I go by what is right and in the national interest.”
At Premium Times, we firmly believe in the importance of high-quality journalism. Recognizing that not everyone can afford costly news subscriptions, we are dedicated to delivering meticulously researched, fact-checked news that remains freely accessible to all.
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.
Northern Youth Group Supports Nigerian Senate's Passage of Tax Reforms BillsA Northern youth association, Arewa Grassroots Network (AGN), has backed the Nigerian Senate on the passage of President Bola Tinubu's Tax Reforms Bills for second reading. These bills aim to overhaul Nigeria's taxation framework, despite opposition from some Northern leaders and Senator Ali Ndume.
Read more »
House of Representatives Suspends Debate on Tax Reforms Bills Amid Northern OppositionThe House of Representatives has suspended the debate on Tax Reforms Bills due to pressure from northern states and lawmakers. The debate was called off in a memo signed by Dr Yahaya Danzaria, citing the need for further consultations with stakeholders. Lawmakers from the North-East expressed concerns over the implications of the bills on their region and vowed to continue consultations.
Read more »
Nigeria's Tax Chief: Reform Bills Will Increase Tax Payers, Not Create New TaxesZacch Adedeji, the chairman of the Federal Inland Revenue Service (FIRS), clarifies that the proposed tax reform bills aim to increase the number of eligible taxpayers rather than introducing new taxes. He emphasized simplifying tax payments and improving revenue generation without burdening citizens, while also highlighting the success of revenue-collecting agencies in exceeding their targets this year.
Read more »
Tinubu’s tax reform bills will reduce tax burden on many NigeriansThe Tax Reforms Committee chairman, Taiwo Oyedele, said if the bills are passed and assented to by the president, 30 per cent of Nigerians who earn between N50,000 and N70,000 monthly will be exempted from paying tax.
Read more »
Abass Abdullahi: As tax reform bills turned tax man Zacch Adedeji to a teacherThe Chairman of the Federal Inland Revenue Service (FIRS), Dr Zacch Adedeji, a seasoned Accountant and an accomplished public sector administrator, has been synonymous with tax collection. In fact, he is seen as the Nigeria version of the Biblical Zaccheous, the Tax Collector.
Read more »
Nigerian Lawmakers Enter Closed-Door Session on Tax Reform BillsThe House of Representatives has convened a closed-door session to deliberate on Tax Reform Bills proposed by President Bola Tinubu. The session aims to build consensus among lawmakers before the debate on the bills, which were transmitted to the National Assembly on September 3, 2024. The bills, recommended by the Taiwo Oyedele-led tax reforms committee, include the Nigeria Tax Bill 2024.
Read more »