Senators representing Nigeria’s South-South geopolitical zone have expressed strong support for the Tax Reform Bills presented by President Bola Tinubu to the National Assembly. The four bills, which passed their second reading in the Senate, aim to modernize Nigeria’s tax framework to enhance economic stability and boost revenue.
Under the aegis of the South-South Senators’ Forum, lawmakers stressed the critical role these tax reform will play in fostering national growth. Chaired by Senator Seriake Dickson (PDP, Bayelsa West), the Forum pledged a thorough evaluation of the bills to align them with national interests while safeguarding the South-South region’s well-being.
The bills, which include the Nigeria Revenue Service (Establishment) Bill, Nigeria Tax Administration Bill, Nigeria Tax Bill, and Joint Revenue Board of Nigeria (Establishment) Bill, have been referred to the Senate Committee on Finance for further legislative scrutiny. The senators urged South-South governors to collaborate with legislators to maximize the benefits of these reforms.
Commending Senate President Godswill Akpabio for his leadership, the Forum called for unity in the legislative process and discouraged introducing ethnic or regional biases into national discussions.
The Forum emphasized its commitment to advancing a legislative agenda that promotes peace, prosperity, and progress while addressing the unique developmental needs of the South-South region.
Stay tuned to 9am News Nigeria for more Breaking News, Business News, Sports updates And Entertainment Gists.
