HomeNewsNEC Calls For Withdrawal Of Tax Reform Bill

NEC Calls For Withdrawal Of Tax Reform Bill

The National Economic Council (NEC) has expressed reservations over the Tax Reform Bill forwarded by President Bola Tinubu to the National Assembly.

This was part of the resolutions reached during the National Economic Council meeting chaired by Vice President Kashim Shettima at the Presidential Villa in Abuja.

Briefing State House Correspondents after the meeting, the governors noted the need for sufficient alignment between and amongst the stakeholders for the proposed reforms.

Governor Seyi Makinde of Oyo State who briefed journalists said NEC observed that adequate consultations needed to be made to get the views of stakeholders including the state governors to ensure that the law is favourable to all Nigerians.

TRK-UP-Seyi Makinde-Oyo State Governor

The move came days after the influential Northern Governors’ Forum rejected some of the proposals, particularly the VAT-sharing template in one of the bills.

The northern governors reached this resolution after a meeting in Kaduna, demanding equity and fairness. END!!!

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