HAUSA NEWS
YORUBA NEWS
IGBO NEWS

POPULAR THIS WEEK

No Content Available
FOLLOW US ON GOOGLE NEWS
SEND US NEWS
Sunday, June 1, 2025
  • REPORT A STORY
  • PRIVACY
  • CONTACT US
WITHIN NIGERIA - NEWS PICKS
  • HOME
  • FEATURES
  • NEWS PICKS
    • BREAKING
    • National
    • Local News
    • Politics
    • Diaspora
    • Business
    • Education
    • Sports
    • World News
      • Africa
      • U.S
      • Asia
      • Europe
    • XTRA
  • ENTERTAINMENT
  • MORE
    • GIST
    • ARTICLES
    • VIDEOS
No Result
View All Result
WITHIN NIGERIA - NEWS PICKS
No Result
View All Result
  • HOME
  • FEATURES
  • NEWS PICKS
  • ENTERTAINMENT
  • MORE
[adinserter block="17"]

We thought opposition of tax reform bills will come from Lagos, Rivers — Taiwo Oyedele

...says it is protecting interest of those opposing tax reform bills

W.N YEMI by W.N YEMI
December 5, 2024
in Business
Reading Time: 1 min read
A A
0
  • Oyedele noted that value-added tax (VAT) derivation is sensitive for states due to its difference from oil and gas derivation based on production.

Taiwo Oyedele, chairman of the presidential committee on tax policy and fiscal reforms, has said that efforts are in place to safeguard states’ interests opposed to proposed tax reform bills.

Oyedele shared his thoughts on ‘The Morning Show’, an Arise Television programme, on Wednesday.

Since President Bola Tinubu sent the tax reform bills to the national assembly, they have faced criticism.

The bills have received mixed reactions, with some northern stakeholders strongly opposing them.

READ ALSO

Diesel vs. Petrol: Winners and losers in Nigeria’s two-tier fuel struggle

DATA WARS: Why NIN-SIM linkage has become a tool for control, not reform

BROKEN SYSTEM: How Nigeria’s power grid failures are deepening the cost of living crisis

CBN Crackdown: How the Nigerian Govt took over Keystone, Polaris, and Heritage Banks in sweeping reforms

Oyedele expressed surprise that the federal government expected resistance from Lagos and Rivers states. Instead, the northern states pushed back, which was unexpected.

“We had not envisaged that this was going to be pushback from the other states; we thought the pushback would come from Lagos mostly maybe a little from Rivers,” Oyedele said.

“It’s almost like we ended up with the people we are fighting for, are now fighting us.”

Oyedele emphasized that value-added tax (VAT) derivation is a sensitive issue for states due to its difference from oil and gas derivation.

He added that the federal government’s proposal aligns with the constitution.

“VAT derivation I think that word is sensitive because people think about where it’s based on production. If they’re not producing crude oil, you don’t get any part of that derivation,” Oyedele said.

“Whereas for VAT, every state consumes. If you share anything based on VAT derivation, everyone gets something from it.”

Discussion about this post

ADVERTISEMENT

LATEST

Desecration of traditional institutions: How monarchs have become targets of criminal elements

May 31, 2025

LEARNING IN RUINS: How dilapidated school infrastructure is discouraging public education

May 31, 2025

Troubled waters: Counting the costs of incessant boat accidents in Nigeria

May 30, 2025

Two years in office: How Tinubu stacks up against other presidents since 1999

May 30, 2025

WOMEN LOCKED OUT: Why gender imbalance persists in Nigerian political leadership

May 30, 2025

2027 presidency: Peter Obi, a coalition and the “Obidient” dilemma

May 29, 2025
Load More
NEWS PICKS — WITHIN NIGERIA

WITHIN NIGERIA MEDIA LTD.

NEWS, MULTI MEDIA

WITHIN NIGERIA is an online news media that focuses on authoritative reports, investigations and major headlines that springs from National issues, Politics, Metro, Entertainment; and Articles.

Follow us on social media:

CORPORATE LINKS

  • About
  • Contacts
  • Report a story
  • Advertisement
  • Content Policy
  • Privacy Policy
  • Terms
 
  • Fact-Checking Policy
  • Ethics Policy
  • Corrections Policy
  • REPORT A STORY
  • PRIVACY
  • CONTACT US

© 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName

No Result
View All Result
  • HOME
  • FEATURES
  • NEWS PICKS
    • BREAKING
    • National
    • Local News
    • Politics
    • Diaspora
    • Business
    • Education
    • Sports
    • World News
      • Africa
      • U.S
      • Asia
      • Europe
    • XTRA
  • ENTERTAINMENT
  • MORE
    • GIST
    • ARTICLES
    • VIDEOS

© 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName