The Southeast Caucus in Nigeria’s Senate is open to President Bola Tinubu’s tax reform bill, requesting more consultation before approval. While Tinubu urged the National Assembly to evaluate the bill in October, it met resistance from Northern governors and some lawmakers. The National Economic Council suggested Tinubu withdraw it for further negotiation, which he refused. Now in public hearing stages, the bill has passed the second reading. Enyinnaya Abaribe, the caucus leader, emphasized consulting widely across the region and with key stakeholders to ensure a satisfactory outcome. This move is aimed at securing a more inclusive and effective tax strategy.
What are your thoughts on increased consultations for legislative changes? [Source](Original Source)