They said their decision was motivated by the need to ensure that the bill’s provisions align with the interests of their constituents and the region. The 15 senators recognized the importance of tax reform in promoting economic growth and development, but we also acknowledged the potential impact on various stakeholders.
As Senator Kalu said, they are not opposed to the bills but want to ensure that all stakeholders are consulted and their concerns addressed. This includes consulting with their constituents, state governors, and other critical stakeholders.
Since their introduction, the Tax Reform Bills have generated significant controversy, with various groups and individuals expressing concerns about their potential impact. As lawmakers, it’s their responsibility to carefully consider these concerns and ensure that the bill serves the greater good.
The senators, who are from Abia, Enugu, Imo, Ebonyi and Anambra, maintained that by engaging in extensive consultations and carefully considering the bill’s provisions, they can ensure that the Tax Reforms Bills promote economic growth and development while addressing all stakeholders’ concerns.
See Kalu’s tweet here:
TimesNow.com.ng earlier reported that Northern governors have been advised to accept the new tax reform bills forwarded to the National Assembly by President Bola Tinubu.
Adamu Garba, a former presidential aspirant, gave the advice to the governors, adding that the bills’ advantages outweigh their disadvantages.
Garba further urged the governors and other northern elites to look inward and venture into farming and industries to generate internal revenues in their states.
Source: TimesNow.com.ng
