Anxiety as 18 senators declare major stance on Tinubu's tax reform bills

The south-south senators emphasized that their backing stems from a shared commitment to boosting national revenue and driving economic growth. They believe that tax reforms are crucial in enhancing national revenue and fostering economic stability.

The senators also pledged their full support to the Senate President and the leadership of the National Assembly in their efforts to ensure the effective and timely passage of legislation aimed at promoting good governance, national unity, and economic development.

However, the south-south senators believe that the bills align with Nigerians’ overall interests, particularly the well-being of the south-south region. They resolved to support the Tax reform bills after a comprehensive study and thorough evaluation of their content-south geopolitical zone, including Senator Seriake Dickson, Senator Jarigbe Agom Jarigbe, and Senator Adams Oshiomhole. The senators called for restraint in introducing sentiments, whether regional, ethnic, or tribal, to a national dialogue.

The tax reform bills have been a subject of controversy, with some quarters opposing the bills. The endorsement of the tax reform bills by the south-south senators is a significant development in the legislative process. It demonstrates their commitment to promoting good governance, national unity, and economic development. As the National Assembly continues to deliberate on the bills, it is essential to consider the concerns of all stakeholders to ensure that the reforms benefit the country as a whole.

TimesNow.com.ng earlier reported that the Senate has announced the suspension of the tax reform bills proposed by President Bola Tinubu to the National Assembly.

Jibrin Barau, the deputy senate president, announced the development on Wednesday, December 4, adding that it was to provide more room for consultations.

According to Barau, the Senate has set up a committee to discuss the bill with the Ministry of Justice and the executive.

Source: TimesNow.com.ng

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