President Bola Tinubu says the Federal Government targets N34.82 trillion revenue to fund the N47.9 trillion 2025 budget. Tinubu stated this on Wednesday in Abuja while presenting the 2025 Appropriation Bill to joint session of the National Assembly. The News Agency of Nigeria (NAN) reports that the N47.9 trillion...
National Assembly
The President of the Senate, Sen. Godswill Akpabio, has commended President Bola Tinubu for doubling aggregate government revenues to over N18.32 trillion. Akpabio gave the commendation on Wednesday, when Tinubu presented the 2025 Appropriation Bill before a Joint Session of the National Assembly. The News Agency of Nigeria (NAN)...
Security and defence, infrastructure, health and education were some of the sectors with high allocations in the N47.9tn Budget Proposal presented by President Bola Tinubu before a joint session of the National Assembly on Wednesday afternoon. “It is with great pleasure that I lay before this distinguished joint session...
Security has been beefed up at the National Assembly Complex ahead of presentation of 2025 Appropriation Bill to a joint session of the National Assembly by President Bola Tinubu. The News Agency of Nigeria (NAN) reportes that budget presentation which was earlier slated to hold on Tuesday, Dec 17...
The Federal Executive Council has given final approval to the 2025 budget to be presented by President Bola Tinubu. Speaking to State House correspondent shortly after the FEC meeting chaired by President Tinubu at the Presidential Villa on Monday, the Minister of Budget and Economic Planning, Atiku Bagudu said...
Two Civil Society Organisations (CSOs) have prayed a Federal High Court in Abuja to reverse the removal of Justice Danladi Umar as Chairman of the Code of Conduct Tribunal (CCT) by the National Assembly (NASS). The plaintiffs; Community Rescue Initiative, Toro Concerned Citizens of a Relief Foundation and an...
President Bola Tinubu will on Tuesday, present the 2025 Appropriation Bill to the joint session of the National Assembly. This was disclosed by President of Senate, Godswill Akpabio, during the plenary on Thursday. Akpabio said the budget presentation would take place at the chamber of House of Representatives. NAN...
Senate President, Godswill Akpabio, has said the National Assembly will prioritise the interest of all Nigerians in considering the Tax Reform Bills. Akpabio made the pledge on Wednesday in Abuja at a roundtable on the four tax reform bills organised by the National Institute for Legislative and Democratic Studies...
By IBRAHIM MOMOH, Lokoja – A Coalition of Northern groups (CNG), has called for immediate suspension of Tax Reform Bills so as to allow wider engagement and collective inputs of critical stakeholders and Nigerian citizens towards implementing a more equitable, transparent and sustainable Tax administration reform for the country....
Senators from the South-South geopolitical zone of Nigeria have expressed support for the Tax Reform Bills presented to the National Assembly by President Bola Tinubu. The lawmakers under the aegis of the South-South Senators’ Forum stressed the importance of tax reforms in boosting national revenue and fostering economic stability....
Tax Reform Bills: Tinubu directs Justice ministry to work with National Assembly to address concerns
Tax Reform Bills: Tinubu directs Justice ministry to work with National Assembly to address concerns
By DAVID IORJA, Abuja – President Bola Ahmed Tinubu has directed the Federal Ministry of Justice to work closely with the National Assembly to address concerns regarding the new tax reform bills. President Tinubu gave the directive in a statement issued on Tuesday in Abuja by the Minister of...
By EMMANUEL KUJE, Abuja – The 2023 Labour Party Presidential candidate, Peter Obi, has emphasized the importance of tax reform and the need for a robust and informed public debate on the critical issue. Mr. Obi in a tweet on Tuesday, tressed that any reform must be subject to...
The Kano State House of Assembly on Monday rejected the Tax Reform bills currently under consideration at the National Assembly. At a plenary, presided over by the Speaker, Isma’il Falgore, the lawmakers kicked against the bills after extensive deliberation. The Majority Leader, Lawan Husseini (ANPP-Dala) introduced a motion of...
By SADIQ ABUBAKAR, Maiduguri– The Executive Chairman of Shani Local Government Area, Hon. Hassan Labaki has said that his people are solidly behind their Senator Mohammed Ndume and Governor Babagana Zulum for their disposition over the controversial Tax Reform Bills sent to the national assembly which has passed second...
Deputy Spokesman for the House of Representatives, Rep. Philip Agbese (APC-Benue), says the house is set to commence debate on the four tax reforms bills initiated by President Bola Tinubu. Agbese told newsmen in Abuja on a Saturday that members of the house had taken time to read through...
By SADIQ ABUBAKAR, Maiduguri – A non-political Group under the umbrella of Southern Borno Concerned Citizens (SBCCs) has expressed shock and displeasure over the position of Senator Mohammed Monguno (APC Borno North) for endorsing the controversial Tax Reform Bills sent to the National Assembly by President Bola Tinubu. It...
Senator Ali Ndume has reiterated his opposition to the tax reform bills, saying that the hurry by the Presidency and some lawmakers to pass the bills looks suspicious. The tax reform bills which passed for second reading at the Senate on Thursday have raised a lot of controversies since...
By SADIQ ABUBAKAR, Maiduguri – Senator Mohammed Ali Ndume (APC Borno South) has bagged ‘The Sun Newspaper Courage in Leadership 2024’ by standing and always defending the plights of Nigerian Masses, especially his constituents at the National Assembly. Recall that even at the last Wednesday Plenary presided over by...
The Senate, on Thursday, resumed its debate on the Tax Reform Bills. The bills are a set of four legislative proposals to increase Value-Added Tax (VAT) distributable to the sub national governments to 55 per cent while reducing the federal government’s share to 10 per cent. These far-reaching initiatives...
I have read a ton of views on the proposed Nigeria Tax Administration and other tax reform bills. On one hand, some stakeholders decry the bills as being a contrast to the current administration’s championing for local government autonomy. Some, like the National Economic Council (NEC), last month recommended...