More
    HomeNewsSouth-East Senators Support Tax Reform Bill with Calls for Wider Consultation

    South-East Senators Support Tax Reform Bill with Calls for Wider Consultation

    Published on

     

    Senators from the five South-East states have expressed strong support for the Tax Reform Bill. They pledged their backing during the South-East Senate Caucus meeting on Monday.

    However, they emphasized the need for further consultations with key stakeholders to address grievances related to the bill. This was shared by Abia North Senator Orji Uzor-Kalu on his X handle.

    Kalu noted, “The Tax Reform Bills were thoroughly deliberated during the South-East Senate Caucus today which I actively participated in. While it was agreed that the Bill should be supported, it was agreed that extensive consultations with all major stakeholders.”

    The former Abia State governor previously described the bill as transformative. In an interview last week, he said it would strengthen fiscal federalism across Nigeria.

    Nonetheless, Kalu criticized the federal government for excluding the National Economic Council (NEC) and Nigeria Governors’ Forum (NGF) from consultations during the drafting stages. He added, “The federal government made a mistake. The initiators of the bills would have briefed the National Economic Council, Governors’ forum.”

    Kalu also pointed out that many senators had yet to receive adequate briefings about the bill.

    This call for inclusivity highlights ongoing debates as Nigeria navigates complex economic reforms.

    Latest articles

    NELFUND Disburses Loans to 1.3 Million Students, Cuts Dropout Rate

    By Veronica Iji The Nigerian Education Loan Fund NELFUND has disbursed education loans to over...

    Engr. Sule Ahmed Abdul-Aziz Reappointed TCN MD, Earns Nationwide Praise for Power Sector Leadership

    The Senior Staff Association of the Transmission Company of Nigeria (TCN) has hailed the...

    Bandits kill five, abduct 22 in midnight attacks on Sokoto communities

    In separate midnight attacks on three communities in Sabon Birni Local Government Area of...

    “Five Things to Know About CBN’s New BVN Regulations Starting May 1

    The Central Bank of Nigeria (CBN) has introduced new Bank Verification Number (BVN) guidelines aimed at...

    More like this

    NELFUND Disburses Loans to 1.3 Million Students, Cuts Dropout Rate

    By Veronica Iji The Nigerian Education Loan Fund NELFUND has disbursed education loans to over...

    Engr. Sule Ahmed Abdul-Aziz Reappointed TCN MD, Earns Nationwide Praise for Power Sector Leadership

    The Senior Staff Association of the Transmission Company of Nigeria (TCN) has hailed the...

    Bandits kill five, abduct 22 in midnight attacks on Sokoto communities

    In separate midnight attacks on three communities in Sabon Birni Local Government Area of...