Connect with us

News

Debate Continues: Northern Groups List Conditions For Supporting Tax Reform Bills

Published

on

North Supporting Tax Reform Bills

As opposition grows against the proposed Tax Reform Bills in the National Assembly, influential Northern groups have expressed concerns over the potential economic implications for the region.

These groups, while acknowledging the importance of tax reforms, have insisted on specific conditions to ensure the measures do not exacerbate the North’s existing economic challenges.

The opposition stems from concerns over how the reforms may exacerbate Northern Nigeria’s economic challenges, including poverty, unemployment, and insufficient access to education and healthcare.

EDITOR’S PICKS 

EKO HOT BLOG reports that groups such as the Northern Elders Forum (NEF), Arewa Youth Consultative Forum (AYCF), and Arewa Consultative Forum (ACF) have called for measures to address systemic inequalities before supporting the bills.

In response to these concerns, President Bola Tinubu directed the Ministry of Justice to collaborate with NASS in reviewing the bills. The proposed laws, which aim to overhaul Nigeria’s tax system, include the Nigeria Tax Bill 2024 and related legislations.

NEF spokesperson Abdul-Azeez Suleiman emphasized that genuine negotiations rooted in inclusivity, transparency, and accountability are essential to address the region’s socio-economic issues. He warned that a simple cessation of opposition without structural solutions would not guarantee sustainable peace.

“The North grapples with entrenched poverty, inadequate infrastructure, and limited opportunities. These reforms, without targeted alleviation measures, risk deepening inequalities,” Suleiman said. He also urged the government to involve diverse Northern stakeholders in consultations and provide clear plans for utilizing tax revenues to benefit the region.

Similarly, AYCF President Yerima Shettima criticized the lack of consultation during the formulation of the bills, describing it as a failure to address the North’s concerns. He stressed that any increased taxation must be accompanied by equitable distribution of resources and infrastructure improvements.

“Despite our significant contributions to the national economy, the North has historically received less in return. Increased taxes without addressing these imbalances will worsen existing disparities,” Shettima stated.

The ACF’s National Publicity Secretary, Prof. Tukur Muhammad Baba, advocated for dialogue on contentious aspects of the bills. He urged all parties to approach negotiations with sincerity to ensure equitable outcomes.

Tinubu’s Tax Reform Bills

Tinubu’s Tax Reform Bills

Borno’s Revenue Service Chairman, Prof. Ibrahim Bello Alhaji, highlighted the economic disadvantages of Northern states compared to regions like the Southwest, which benefits from industrialization and infrastructure. He warned that the proposed reforms could widen income inequality and undermine weaker states’ economic stability.

FURTHER READING

Here’s the video of the week:




Advertise or Publish a Story on EkoHot Blog:

Kindly contact us at [email protected]. Breaking stories should be sent to the above email and substantiated with pictorial evidence.

Citizen journalists will receive a token as data incentive.

Call or Whatsapp: 0803 561 7233, 0703 414 5611




 

 


DISCLAIMER: Opinion articles are solely the responsibility of the author and does not necessarily reflect the views of the publishers Of  EKO HOT BLOG

For publication of your News Contents, articles, Videos or any other News Worthy Materials, please send to [email protected]

For Advert and other info, you can call 08035617233 or send a WhatsApp Message to 08035617233.

Please drop your comments

Copyright © Ekohotblog

MGID