Latest News
Tax Reform Debate Heats Up As Presidency Lobbies Lawmakers Amid Northern Pushback
Tax Reform Debate Heats Up As Presidency Lobbies Lawmakers Amid Northern Pushback
The Presidency has escalated its efforts to lobby lawmakers for the passage of the controversial tax reform bills, with reports indicating that the leadership of the House of Representatives has called a crucial meeting with caucus leaders today. The meeting aims to rally support for the bills,...READ MORE…
which the Presidency seeks to have approved before the year’s end so they can be implemented alongside the 2025 budget starting January 1, 2025.
This renewed push comes amidst strong resistance from northern governors and traditional rulers, who have raised objections to specific provisions in the proposed reforms. Notably, the Northern States Governors’ Forum has rejected the move to adopt a derivation-based model for value-added tax (VAT) distribution, arguing that it would disproportionately impact northern states and other regions.
Despite the opposition, President Bola Tinubu has urged the National Assembly to continue advancing the bills, following recommendations from the National Economic Council (NEC), chaired by Vice President Kashim Shettima, for further scrutiny of the reforms.
A lawmaker, who wished to remain anonymous, confirmed that the Presidency is actively lobbying for support. Speaking to Daily Trust, the lawmaker said, “They are reaching out to gain the backing of lawmakers and want us to support the bills to ensure their passage.”
The lawmaker added that while lobbying is common in advanced democracies like the United States, it is important to recognize that resistance from those who feel disadvantaged by the reforms is also valid.
For More Information And News Update, Join Ireporteronline WhatsApp Channel With Link Below: https://whatsapp.com/channel/0029VaV4jB6DuMRgwqnJCF32 For advertisement inquiries only, kindly send a message to 09010649814 on WhatsApp.
-
Latest News2 weeks agoBreaking: President Tinubu Announces New Appointments (See Photos)
-
Latest News2 weeks agoNo Excuse For This “Shameful Act” — APC Fires Back At Makinde Over Controversial Oba Coronation
-
Latest News1 week agoSh*ck Move: Cameroon’s President Biya Names His Son Vice President
-
Latest News7 days agoPresidency Fires Back At ADC: ‘We Won’t Close Shop Because You’re Struggling
-
Latest News2 days agoIyabo Obasanjo Responds As Senator Yayi Emerges Ogun APC Consensus Candidate
-
Latest News4 days agoIt’s Obvious I Don’t Own What You Have” – Lamido Blasts Malami Over ‘Thief’ Claims
-
Latest News1 week agoAPC Blocks Bala Mohammed’s Defection — Here’s Why
-
Latest News1 week agoA Birthday Fit For A Legend : Watch Abubakar Momoh Make A Grand Entrance At Adams Oshiomhole’s Residence
-
Latest News1 week agoKeyamo Slams Peter Obi, Kwankwaso: ‘They Think They Can Blackmail Everyone
-
Latest News1 week agoSh*ck Exit: Akinwumi Steps Down As ADC Secretary
-
Latest News1 week agoFormer VP Osinbajo Lands Powerful Global Appointment
-
Latest News1 week agoIyabo Obasanjo Visits Bola Tinubu, Reveals Meeting Details

