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

May 24, 2025

Nigerian Stock Market shows mixed signals as foreign investment plummets

Nigeria's stock market is displaying contrasting trends, with weekly trading showing mixed performance while foreign…
May 12, 2025

Northern leaders demand urgent action on insecurity, push for state police

Amid worsening insecurity across Nigeria, the 19 Northern governors and traditional rulers have called for…
May 24, 2025

Optimal time to drink coffee isn't when you normally have it

Maybe coffee doesn't need to be the very first step in our morning routines. While…
May 24, 2025

Woman forced to clean off makeup after failing airport facial recognition scans

A Chinese woman was allegedly forced to take off her heavy makeup after facial recognition…
May 23, 2025

Bandits kill two soldiers, others in attacks on Benue community

Suspected bandits have killed four people, including two soldiers, in an attack on Ijaha Ikobi,…
May 24, 2025

What to know after Day 1185 of Russia-Ukraine war

WESTERN PERSPECTIVE Kyiv mayor says Russian drones, missiles trigger fires, injure eight Russia attacked Ukraine's…
May 11, 2025

African diet – plantains and cassava can be as healthy as tomatoes and olive oil,…

Plantains, cassava and fermented banana drink should be added to global healthy eating guidelines alongside…
May 13, 2025

Nigeria's Flying Eagles qualify for World Cup after dramatic win over Senegal

Nigeria's U-20 national football team, the Flying Eagles, have secured their place at the 2025…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2025 NewsScroll. All rights reserved.