Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, yesterday advised critics of President Bola Tinubu’s Tax Reform Bills to study the documents for informed opinions.
Recall that Tinubu on October 3 last year transmitted his four tax reform Bills to the 10th National Assembly for approval.
They consist of: the Nigeria Tax Bill 2024, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill.
Since he unveiled the Bills, Tinubu has come under intense criticism, particularly from the North.
According to the 19 northern States governors, the tax reform is against the interests of the North and other sub-nationals, especially the proposed amendment to the distribution of Value-Added Tax (VAT) to the Derivation Fund.
