The League of Northern Democrats, (LND), has expressed its support for the Nigeria Governors’ Forum’s (NGF) recent endorsement of a revised Value-Added Tax (VAT) sharing formula, but raised a significant concern over the definition of the word: “derivation”. In a statement released following the NGF’s meeting with the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, on January 16, 2025, LND acknowledged the NGF’s proposal to allocate VAT revenue as follows: 50% based on equality, 30% on derivation, and 20% on population. This formula, the…
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2027: League of National Democrats poised to transform governance
…Says it is ‘credible alternative for Nigeria’ In a bold move to address Nigeria’s pressing socio-political challenges, a coalition of prominent northern elites has proposed the formation of the League of National Democrats, (LND). The initiative, championed by Dr. Umar Ardo, Convener of the LND, aims to break the cycle of poor governance that has characterised the nation’s political landscape under the ruling APC and opposition People’s Democratic Party, (PDP). The call for a new political movement follows a scathing critique of Nigeria’s current governance structures. recall that in a…
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