Senate Pass Tinubu’s Controversial Tax Reform Bills For Second Reading

Published

1 year ago

November 28, 2024

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Senate PassTinubu’s Controversial Tax Reform Bills For Second Reading—-The Nigerian Senate on Thursday passed President Bola Tinubu’s controversial Tax Reform Bills for second reading.

The Bills are: ‘A Bill for an Act to Establish the Joint Revenue Board, the Tax Appeal Tribunal and the Office of the Tax Ombudsman, for the harmonisation, coordination and settlement of disputes arising from revenue administration in Nigeria and for other related matters, 2024.

‘A Bill for an Act to Repeal the Federal Inland Revenue Service (Establishment) Act, No. 13, 2007 and enact the Nigeria Revenue Service (Establishment) Act to Establish the Nigeria Revenue Service, charged with powers of assessment, collection of, and accounting for revenue accruable to the Government of the Federation, and for related Matters, 2024.

‘A Bill for an Act to Provide for the assessment, collection of, and accounting for revenue accruing to the Federation, Federal, States and Local Government; prescribe the powers and funtions of tax authorities, and for related matters, 2024.

‘A Bill for an Act to Repeal certain Acts on taxation and consolidate the l;egal frameworks relating to taxation and enact the Nigeria Tax Act to provide for taxation of income, transactions and instruments, and for related matters.

Sponsor of the bills, Senate Majority Leader Bamidele Opeyemi, explained the general principles, saying the proposed legislation, if passed into law, will mark a paradigm shift in tax administration in Nigeria, to the advantage of Nigerians.

Senator Ali Ndume, however, raised concerns on the sanctity of the reforms, saying it contradicts certain provisions of the Constitution.

He insisted that the Constitution 1999 as amended should have been re-amended to reflect the desire of tax reform.

Ndume also cited the bills rejection by Nigerian Governors’ Forum and the National Executive Council, as well as by traditional rulers and other stakeholders.

Noting that he was not against the reforms as some provisions are good for the development of a robust tax administration system in Nigeria, he stressed that necessary steps should have been taken to follow due process in line with parliamentary rules.

Senate President, Godswill Akpabio after listening to Ndume, as well as presentations by Seriake Dickson and Mohammed Ali Monguno, who stoutly supported the bills, passed them for second reading through voice vote.

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2027 Elections: Atiku Abubakar Backs Consensus Candidate for African Democratic Congress, Keeps Primaries as Option

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3 hours ago

April 16, 2026

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2027 Elections: Atiku Abubakar Backs Consensus Candidate for African Democratic Congress, Keeps Primaries as Option—-Former Vice President Atiku Abubakar says the African Democratic Congress (ADC) will prioritise a consensus approach in selecting its presidential candidate for the 2027 general elections, but may conduct primaries if internal talks fail.

Speaking on a prime-time programme on Arise TV, Atiku explained that party leaders are working to avoid internal disputes by rallying around a single candidate through dialogue and agreement.

He expressed confidence that stakeholders would reach a common ground, noting that experienced politicians within the party understand the importance of unity.

According to him, the ADC is focused on strengthening Nigeria’s democracy, with members committed to managing differences without causing division.

Atiku also reiterated his willingness to support whoever emerges as the party’s flagbearer, regardless of the selection method.

He further stated that he is open to stepping aside for any aspirant, including Peter Obi, if they emerge as the preferred choice, emphasizing that unity within the party remains the top priority ahead of the 2027 elections.

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Ousmane Dembélé Hits Brace as Paris Saint-Germain Knock Out Liverpool from UCL

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1 day ago

April 14, 2026

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Ousmane Dembélé Hits Brace as Paris Saint-Germain Knock Out Liverpool from UCL—-Ousmane Dembélé starred with a brace as Paris Saint-Germain secured a 2-0 victory over Liverpool at Anfield, sealing a dominant 4-0 aggregate win to reach the UEFA Champions League semi-finals.

The French forward proved decisive on the night, scoring twice to end Liverpool’s European campaign and send the defending champions into the last four for a third consecutive season.

Liverpool’s night was further marred by a serious injury to Hugo Ekitiké, who was forced off in the first half with what appeared to be a severe leg issue, raising concerns over his availability for the remainder of the season.

Manager Arne Slot made bold selection calls, leaving Mohamed Salah on the bench initially, though the forward was introduced early following Ekitiké’s injury and nearly made an instant impact.

Despite flashes of pressure from Liverpool, PSG remained composed and dangerous on the counter. Dembélé broke the deadlock in the second half with a fine curling effort before adding a second in stoppage time from a Bradley Barcola assist.

Liverpool’s hopes of a comeback were also dashed when a penalty awarded for a challenge on Alexis Mac Allister was overturned following a VAR review.

The defeat confirms a disappointing end to Liverpool’s European campaign, while PSG continue their title defence and will face either Bayern Munich or Real Madrid in the semi-finals.

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