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Tax Reform Bills: We Shouldn’t Allow Few Provisions To Be A Bottleneck – Oyedelei

News Editor by News Editor
December 2, 2024
in Business
0
Tax Reform Bills: Nigerians Should Remove Cap Of Regionalism, Religion, Says Dogara

The Chairman of the Presidential Tax Reform Committee Taiwo Oyedele has urged Nigerians not to allow few grey areas in the proposed tax reform bills to cause obstruction to the passage of the bills.

Controversies have trailed the bills since it was sent to the National Assembly by President Bola Tinubu, with prominent northern leaders vehemently rejecting the bills on the claims that they are against the region.

The National Economic Council consisting of the 36 state governors has also advised Tinubu to withdraw the bills to allow for wider consultations, but the President said he preferred that the bills go through the legislative processes.

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Meanwhile, speaking on a Townhall on the Tax Reform Bills organized by Channels Television on Monday, Oyedele whose committee midwifed the document, noted that there are over 200 transformative provisions that can fix the country in the bills.

“These Bills Have More than 200 transformative provisions to fix our country and set us on the right part to prosperity,” Oyedele said on the Townhall.

“We should not allow one or two provisions that we can easily discuss and agree on to become the pain or the bottleneck.”

Oyedele said that Nigerians who support the Tax Reform Bills are over 90 per cent, noting that the areas there controversies are few which can be ironed out.

He reeled out some of the benefits of the bills, he said they will exempt low income earners completely from paying taxes. He said it will also reduce the PAYE of middle income earners.

With these two, Oyedele not that more that 90 per cent tax burden on Nigerian workers will be reduced.

Tags: Tax reforms
News Editor

News Editor

SUMMIT POST (www.summitpostnews.com) is an Online news medium, powered by Highland Media Ltd. We publish a wide range of content, including Politics, Business, Sports and Entertainment on and about Nigeria, Africa and beyond. Follow us on social media for all the latest news and analysis. Contact us: WhatsApp: +234-803-209-6072; Call: +234-705-252-6124 Email: summitpostnigeria@gmail.com

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SUMMIT POST NEWS (www.summitpostnews.com) is an Online news medium, powered by Highland Media Ltd. We publish a wide range of content, including Politics, Business, Sports and Entertainment on and about Nigeria, Africa and beyond. Follow us on social media for all the latest news and analysis. Contact us: WhatsApp & Calls ‪+234-803-209-6072‬, ‪+234-705-252-6124‬: Email: summitpostnigeria@gmail.com

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