In recent Nigeria news, Governor Abdullahi Sule of Nasarawa State openly criticised misinformation about a rift between President Bola Tinubu and Northern governors over controversial tax reform bills in the National Assembly. Speaking in Lafia, he asserts that the pushback is not against Tinubu, but for additional consultation on the bills, especially those concerning the Value Added Tax.
Key Takeaways:
- The northern governors advocate for more dialogue on tax reform impacting states’ VAT revenue.
- Political tensions are stirred by false allegations of Northern governors opposing President Tinubu.
- Nasarawa benefits from VAT, highlighting its significance in state finance.
Governor Sule emphasised that states like Nasarawa, reliant on sparse Internally Generated Revenue (IGR), view VAT as crucial for funding development projects. The governor called for comprehensive sensitization on the tax reforms to ensure public awareness and anticipated changes. His comments underscore how major tax policy shifts can impact state economies. Original article here.
What are your thoughts on these proposed tax reforms affecting states? Should there be more public engagement in such policy changes? Share your views!
