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HomeNewsTax reform: My issues with bills resolved — Gov Sule

Tax reform: My issues with bills resolved — Gov Sule

Governor Abdullahi Sule of Nasarawa State has said that his issues with the tax reform bills have been resolved.

News360 Info reported that northern governors rejected the tax reform bill sent to the National Assembly by the Tinubu government.

President Tinubu forwarded a tax reform bill to the Senate and the House of Representatives for approval on October 3, 2024.

Part of the bill provides reforms in the sector, including changing the name of the Federal Inland Revenue Service, FIRS, to the Nigeria Revenue Service, NRS.

The proposed new tax legislation seeks to provide Value Added Tax, VAT, exemptions to oil and gas exports, crude petroleum oil and feed gas for all processed gas, as well as goods purchased for use in humanitarian donor-funded projects.

Governors and the traditional rulers council in the northern states, after a meeting on Monday at Government House, Kaduna, urged the National Assembly to “oppose any bill that can jeopardize the well-being of our people.”

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Sule, in another interview, explained why the governors wanted the tax reform bill withdrawn from the National Assembly.

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The governor said it was wrong to say that governors of the 36 states are against the Tinubu administration’s tax reform bills.

According to him, the governors only needed clarifications in some areas.

He insisted that there are questions that needed answers.
Fielding questions from Channels Television on Wednesday, Sule said he was now clear on the issues concerning the bills.

“I give credit to Mr. President; when we the governors met with him, he told us that we don’t have to withdraw this bill(s),” he said.

“We can actually address all the concerns you have and all the amendments, and then we can pass the bill.”

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