Tuesday, 03 December 2024 04:53

Tinubu’s Tax Reform Bills will pass, and heaven won’t fall - Seriake Dickson

Rate this item
(0 votes)

The Chairman, Senate Committee on Ecology and Climate Change, Seriake Dickson (PDP, Bayelsa West), has said the National Assembly will pass the tax reform bills despite opposition from different quarters.

Dickson, in an interview with newsmen in Abuja on Monday, said the bills would be passed like the Petroleum Industry Bill (PIB), stressing that heavens would not fall when the tax bills are consequently passed.

President Bola Tinubu had on October 3, 2024, transmitted to the National Assembly, four tax reform bills, in a letter, read by the Senate President Godswill Akpabio, and Speaker of the House of Representatives, Tajuddeen Abbas, during separate plenaries of the two chambers.

Tinubu said the bills would bolster Nigeria’s fiscal institutions, adding that they were in line with his government’s broader development objectives for the country.

But Nigerians including some governors, traditional rulers, civil society organisations, federal lawmakers and others have kicked against the bills.

Recall that the Senate had last week passed the bills for second reading while the House of Representatives is yet to act on the bills.

Dickson also dispelled the claim that the planned public hearing on the bills could be chaotic if proper consultations were not done, and urged those opposed to the bills to attend the public hearing with facts if they have issues with any sections of the proposed fiscal legislations.

Dickson, former Governor of Bayelsa State said, “The PIA was passed. We wanted 10% which was what Yar’adua proposed. They (federal lawmakers) reduced it to 3%. Heaven did not fall. This tax reform bills will pass and heavens will not fall.

“The Senate has passed the bills for second reading. Public hearing will take place and people should get ready to present their positions. The tax bill is a proposed law like every other and it has to go through the normal legislative process.

“Right now, taxes from Bayelsa State are paid to Lagos State and I don’t want that to continue. When there is consumption of any goods or services from any state it should be calculated and paid to that state.

“Now there is an opportunity to review the tax laws, to correct the anomalies and that is why I’m in support. I know there are states that are feeling that when they apply the new sharing formula, they will earn less. It’s for them to raise those issues and bring the statistics. I don’t go by sentiments. I go by what is right and in the national interest.”

 

Daily Trust

December 04, 2024

Entrepreneur turns Nigerian superfood into global export business

Interview with Timi Oke CO-FOUNDER and CEO, AGROEKNOR Timi Oke is the co-founder and CEO…
December 04, 2024

Namibia elects first female president

Netumbo Nandi-Ndaitwah of Namibia's ruling SWAPO party has been elected president and will be the…
December 04, 2024

‘Brain rot’ is Oxford English Dictionary’s word of 2024

Oxford University Press (OUP), the publisher of the Oxford English Dictionary, has announced Brain rot…
November 30, 2024

Family spends $4,500 on lavish funeral for ‘faithful’ SUV

An Indian family recently went viral for their decision to send their old Suzuki Wagon…
December 03, 2024

EFCC secures ‘single largest asset forfeiture’ of Abuja housing estate by court order from unnamed…

The Economic and Financial Crimes Commission (EFCC) has secured the final forfeiture of an estate…
December 04, 2024

What to know after Day 1014 of Russia-Ukraine war

RUSSIAN PERSPECTIVE Putin points to mass human rights violations, persecution of Church in Ukraine Mass…
November 29, 2024

Mixed reactions as Australia bans social media use for children under 16

Australians reacted on Friday with a mixture of anger and relief to a social media…
October 27, 2024

Nigeria awarded 3-0 win over Libya after airport fiasco

Nigeria have been awarded a 3-0 victory over Libya, and three vital points, from their…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Prof Wale Are Olaitan: Editorial Consultant; Femi Kawonise: Head, Production & Administration; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2024 NewsScroll. All rights reserved.