Nasarawa State Governor, Abdullahi Sule, has said that his concerns regarding the tax reform bills can be addressed.
This development comes after northern Governors initially rejected the tax reform bill sent to the National Assembly by the Tinubu administration.
According to Governor Sule, the governors were not opposed to the tax reform bills, but rather sought clarification on certain aspects.
“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).
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“We can actually address all the concerns you have and all the amendments, and then we can pass the bill,” Sule said in an interview with Channels Television on Wednesday.
The tax reform bill, which was forwarded to the Senate and the House of Representatives for approval on October 3, 2024, proposes reforms in the sector, including changing the name of the Federal Inland Revenue Service (FIRS) to the Nigeria Revenue Service (NRS).
The bill also 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.
Governor Sule’s disclosure could cause a significant shift in the stance of northern Governors, who had previously urged the National Assembly to oppose any bill that could jeopardize the well-being of their people.
The post ‘We Can Address Concerns, Then Pass The Bill’ – Gov Sule Makes U-Turn On Tax Reforms appeared first on Information Nigeria.