Consultation with stakeholders was inadequate. They need to know more to support the amendment
We fail to understand why President Bola Tinubu would jettison the well-considered recommendation by the National Economic Council (NEC) to withdraw the current tax reform bills before the National Assembly to pave the way for more comprehensive consultation with key stakeholders in the country. By asking the council, headed by Vice President Kashim Shettima and comprising all the 36 governors, to direct their reservations to the National Assembly, the president might be taking a needless gamble. The explanation by Oyo State Governor, Seyi Makinde, that NEC members concluded that it was necessary to allow for consensus building and understanding of the bills among Nigerians is in line with public mood.
The president had, on September 3, transmitted four tax reform bills to the National Assembly for consideration. They are the Nigeria Tax Bill 2024, which is…
Source: Thisday Newspaper
