APC Lawmakers Push For Support On Tax Reform Bills

APC Lawmakers Push For Support On Tax Reform Bills

Amid mounting opposition to the proposed Tax Reform Bills, two lawmakers from the All Progressives Congress (APC), Philip Agbese and Babajimi Benson, have been actively canvassing support within the House of Representatives.

The lawmakers, in their efforts to rally support, emphasized the benefits of the bills, describing them as a necessary step toward fiscal reform.

Speaking with Punch, Agbese, who represents Ado/Ogbadigbo/Okpokwu Federal Constituency, Benue State, said, “We are rallying support, trying to convince our colleagues because these tax bills intend to take the burden away from poor people and small companies.”

On his part, Benson, who represents Ikorodu Federal Constituency, Lagos State and who has been a consistent advocate for the bills explained, “We have all seen the merits in the bill but we are all lobbying ourselves to make the final document accepted.”

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On why the debate on the bills was put on hold, Benson said, “We understand that the tax bills have generated so much interest. We understand that as a family, broader consultations need to be done, we all need one another. We need to separate the issues; we need to ensure that contentious issues are identified and negotiated.

“We believe that in the fullness of time, the tax reforms proposed by Mr President will be adjudged as a game-changing initiative.”

The four tax bills sent to the National Assembly include the Nigeria Tax Bill 2024, which is expected to provide the fiscal framework for taxation in the country, and the Tax Administration Bill, which will provide a legal framework for all taxes in the country and reduce disputes.

Others are the Nigeria Revenue Service Establishment Bill, which will repeal the Federal Inland Revenue Service Act and establish the Nigeria Revenue Service; and the Joint Revenue Board Establishment Bill which will create a tax tribunal and a tax ombudsman.

The post APC Lawmakers Push For Support On Tax Reform Bills appeared first on Naija News.

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