The Senate has constituted a committee headed by the Minority Leader, Senator Abba Moro (PDP, Benue South) to address the grey areas in the Tax Reform Bills and report back to the committee of the whole before public hearing on the bills.
The Deputy President of the Senate, Barau I. Jibrin, announced the composition of the committee by the Senate during plenary on Wednesday.
Barau, who presided over the session, said there were controversies over the bills, adding that the committee was saddled with the responsibility of consulting with the Attorney General of the Federation and other critical stakeholders.
President Bola Tinubu had on October 3, 2024 transmitted to the National Assembly four Tax Reform Bills in a letter read by the President of the Senate, Senator Godswill Akpabio, and Speaker of the House of Representatives, Rt. Hon. Tajuddeen Abbas, during separate plenaries of the two chambers.
Tinubu said the bills would bolster Nigeria’s fiscal institutions, adding that they were in line with his government’s broader development objectives for the country.
- Appeal fund to assist journalist for brain surgery hits N1m, awaits response from Sanwo-Olu, banks, Dangote, NNPC, BUA, others
- Matriculation: Governor hails Markaz University College
- Wema Bank announces final tranche of capital raise exercise
- Ekiti Cargo International Airport: A waste of funds?, by Wale Ojo-Lanre
- Forgery: ICPC obtained warrant for arrest of NSCDC staff
But Nigerians, including governors, traditional rulers, civil society organisations, some federal lawmakers, and others, have kicked against the bills.
Barau also named Senators Titus Zam (APC, Benue North West), Orjir Uzor Kalu (Abia North), and Sani Musa Abdullahi, among others as members of the committee.