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Reading: Why We Won’t Withdraw Tax Reform Bills – Akpabio 
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Nigerian News, Politics, Business, Economy, Investment, Entertainment and Sports. > Blog > Governance > Economy > Why We Won’t Withdraw Tax Reform Bills – Akpabio 
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Why We Won’t Withdraw Tax Reform Bills – Akpabio 

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Last updated: December 6, 2024 1:28 am
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1 year ago
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The Senate President has affirmed the determination of the red chamber to proceed with discussions on the Tax Reform Bills, insisting that the process has not been halted.

 Senator Godswill Akpabio clarified during Thursday’s plenary session that the legislative body remains focused on fulfilling its duties despite external pressures.  

Addressing a motion raised by Senate Leader Opeyemi Bamidele, Akpabio countered media reports suggesting a suspension or withdrawal of the bills.

 He stated that the Senate’s work on the reforms, which aim to address Nigeria’s fiscal challenges, will continue uninterrupted.  

In a bid to address contentious issues surrounding the bills, a special committee was formed to collaborate with the Attorney General of the Federation, Lateef Fagbemi.

 The committee will also consult stakeholders, including governors, business leaders, and religious groups, to ensure inclusivity in the process.  

Public hearings and stakeholder engagements are expected to address concerns, especially resistance from parts of the country. 

The Senate emphasized that these consultations are critical to achieving a comprehensive and transparent reform.  

The Tax Reform Bills, forwarded by President Bola Ahmed Tinubu in October, have faced opposition but remain a key focus for the legislature. 

Lawmakers assured the public of their commitment to addressing concerns while maintaining legislative independence.

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TAGGED:PRESIDENT TINUBU TAX REFORM BILLS
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