4.3 C
New York
Wednesday, December 4, 2024
HomeNewsThere Will Be Consequences If Tinubu Uses His Power To Pass Tax...

There Will Be Consequences If Tinubu Uses His Power To Pass Tax Reform Bills – Zulum

The Borno State Governor, Babagana Zulum, has insisted that the proposed tax reforms by President Bola Tinubu should not be implemented as they are.

Governor Zulum maintained that if the bills are passed, most of the money from the Value Added Tax (VAT) will go to Lagos State.

He, however, warned that if President Bola Tinubu uses his power and influence to get the bills passed by the National Assembly without making the necessary adjustments, there would be consequences for the people.

While insisting that he is not against the administration of President Tinubu, Zulum asked for more time for consultations on the tax reform proposals in the spirit of democracy.

Advertisements

The Borno State Governor added that contrary to insinuations in some quarters, the Governrs are not against the President.

Advertisements
Advertisements

“We know the power of the president. I’m a system man; I respect him. If the president wants to use his power to pass the tax bill, he may have his way, but it has its consequences on the people,” Zulum said during the interview with Channels Television on Sunday.

Naija News recalls the President in October, asked the National Assembly to consider and pass the Joint Revenue Board of Nigeria (Establishment) Bill, 2024 -SB.583; The Nigeria Revenue Service (Establishment) BILL, 2024- SB.584; The Nigeria Tax Administration Bill, 2024-SB.585; and the Nigeria Tax Bill, 2024 – SB.586.

Despite opposition from some quarters against the bills, the Senate has passed the bills for second reading.

Advertisements

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Recent Comments

Onuegbu Chuks Theophilus on Mikel Obi quits Super Eagles
Thomas H. Anderson on Roman Goddess_3
Oladimeji Emmanuel on Obama sends investors to Buhari