Senate Withdraws Tinubu's Tax Reform Bills? Akpabio Finally Opens Up, Video Trends
- The Nigerian Senate has reiterated its commitment to passing the controversial tax reform bills forwarded to the chamber by President Bola Tinubu
- Godswill Akpabio, the president of the Senate, announced the stands of the Upper Chamber on the controversial bills during plenary on Thursday, December 5
- According to Akpabio, the Senate cannot be intimidated by any external forces, adding that the bill was in the interest of Nigerians
Despite intense pressure and misinformation, the Nigerian Senate has reaffirmed its commitment to advancing the tax reform bills.
During Thursday's plenary session, Senate president Godswill Akpabio clarified that the upper chamber remains focused on representing Nigerians' interests and will not be intimidated by external pressures.
Akpabio emphasised that the Senate cannot be bullied and that any reform that serves the interest of Nigerians would proceed. Akpabio also dismissed reports suggesting that deliberations on the bills had been suspended or withdrawn.
He urged the public to focus on facts and cautioned against misinformation from social media or media reports. The Senate leader reiterated that the Senate remains steadfast in its legislative responsibilities and would not take orders from anyone or any office, no matter how highly placed.
Tax reform bills: Senate warns of misinformation
According to TheCable, the Senate has formed a special committee representing Nigeria's six geopolitical zones to address contentious issues surrounding the tax reform bills.
This committee will engage with the Attorney General of the Federation, Lateef Fagbemi, to resolve grey areas in the bills. Public hearings and consultations with stakeholders, including governors, religious leaders, and business leaders, are also planned to ensure transparency and address all concerns.
The Tax Reform Bills have been controversial since President Bola Tinubu forwarded them to the National Assembly in October 2024. The bills have met serious resistance, especially from the Northern part of the country. However, the Senate remains resolute in its determination to serve the interests of Nigerians.
Earlier, the Senate passed the four tax reform bills for a second reading through voice votes. The bills aim to reform Nigeria's tax system and promote economic growth.
See the video here:
Senate to make more consultation
Legit.ng earlier reported that the Senate announced the suspension of the proposed tax reform bills.
Jibrin Barau, the deputy senate president, announced the development on Wednesday, December 4, adding that it would 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.
Proofreading by James, Ojo Adakole, journalist and copy editor at Legit.ng.
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Source: Legit.ng