Governor Babagana Zulum of Borno state has openly criticized the new Tax Reforms Bill presented to the National Assembly by President Bola Ahmed Tinubu, describing it as unfavourable to northern states and some southern states.
“We reject this bill,” said Zulum.
In an interview with the BBC Hausa service, the Borno governor stated:
Professor Babagana Zulum expressed concern over the president’s haste in urging the National Assembly to pass the new tax reform bill.
The governor warned that even if the National Assembly passes the bill, governors may not be able to comply. He cautioned that if payment is enforced now, it will become a disaster within a year.
While reiterating that the new tax reform bill would be detrimental to the North and some southern states, Zulum called on members of the National Assembly:
Watch Zulum’s interview below:
Read more about tax reform bills here:
Meanwhile, TimesNow.com.ng reported that President Bola Tinubu’s administration released 13 highlights of the Tax Reform Bills that were earlier sent to the national assembly.
According to the presidency, the existing tax system is complex and stifling growth, bringing low revenue results.
Sunday Dare, the special adviser to the president on public communication and orientation said the bill will help to promote sustainable economic growth.
Source: TimesNow.com.ng
