Wednesday, July 16, 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

National Assembly Will Support Tax Reform Bills – Akpabio

Senate President Akpabio Defends Tax Reform Bills Amid Criticism

paulcraft by paulcraft
December 19, 2024
in National
Reading Time: 2 mins read
0 0
A A
0
Senate President Godswill Akpabio
Share on FacebookShare on Twitter
  • Senate President Godswill Akpabio assured Nigerians that the National Assembly will not dismiss tax reform bills despite widespread criticism and opposition
  • Akpabio emphasized the significance of the proposed tax reforms, urging public engagement to understand their potential benefits for Nigeria’s economy

Senate President Godswill Akpabio has assured Nigerians that the National Assembly will not dismiss the controversial tax reform bills despite widespread criticism.

He emphasized that the backlash stems from a lack of understanding of the proposed legislation.

In October 2024, President Bola Ahmed Tinubu transmitted four tax reform bills to the National Assembly for consideration. These include:

  • The Joint Revenue Board of Nigeria (Establishment) Bill, 2024
  • The Nigeria Revenue Service (Establishment) Bill, 2024
  • The Nigeria Tax Administration Bill, 2024
  • The Nigeria Tax Bill, 2024

The bills have faced opposition from governors, federal lawmakers, traditional rulers, civil society organizations, and the general public.

READ ALSO

What Buhari told me after Tinubu removed fuel subsidy – Katsina Gov Radda

BREAKING: Buhari buried in his Daura garden amid tears, military honours

Why I back ADC’s coalition but remain in PDP – Sule Lamido

BREAKING: Buhari’s corpse arrives Nigeria from UK for burial in Daura

Speaking during the presentation of the 2025 budget by President Tinubu at the National Assembly in Abuja, Akpabio addressed the criticism, calling the tax reform initiative a “groundbreaking” effort.

In his opening remarks, Akpabio said, “Your Excellency, we commend you for this groundbreaking tax reform initiative. These four tax reform bills represent a monumental shift in Nigeria’s fiscal framework.

“It is disheartening that the loudest critics of these bills are those who have not taken the time to understand their significance. I urge all Nigerians, especially those in public office, to thoughtfully engage with these reforms.

“This initiative marks Nigeria’s first comprehensive tax reform since independence. It provides a transformative opportunity to rejuvenate small and medium enterprises and improve the livelihoods of ordinary Nigerians.

“These reforms will not only enhance Nigeria’s revenue profile but also create a business environment that is more conducive and competitive internationally, ensuring sustainable development.

“We will not reject any reform forwarded to us by the President. Instead, we will work to help Nigerians see the merits in them.”

In his closing remarks, Speaker of the House of Representatives, Hon. Tajudeen Abbas, reiterated the commitment of the National Assembly to support the President’s reform agenda through necessary legislative backing.

These tax reforms are expected to modernize Nigeria’s tax system, increase revenue generation, and stimulate economic growth.

POPULAR TODAY

    • All
    • National
    • Local News
    • Politics
    • World News
    • Sports
    • XTRA

    JUST-IN: Buhari could’ve died earlier if he relied on Nigerian hospitals, says Femi Adeshina

    July 15, 2025

    Buhari got into trouble with Nigerians over jokes — Garba Shehu

    July 15, 2025

    BREAKING: Buhari’s corpse arrives Nigeria from UK for burial in Daura

    July 15, 2025

    JUST-IN: Buhari’s corpse leaves UK for Daura burial

    July 15, 2025

    Discussion about this post

    ADVERTISEMENT

    LATEST

    What Buhari told me after Tinubu removed fuel subsidy – Katsina Gov Radda

    July 15, 2025

    BREAKING: Buhari buried in his Daura garden amid tears, military honours

    July 15, 2025

    Coalition: Peter Obi’s exit from our party could end his political career – ADC

    July 15, 2025

    Why I back ADC’s coalition but remain in PDP – Sule Lamido

    July 15, 2025

    BREAKING: Buhari’s corpse arrives Nigeria from UK for burial in Daura

    July 15, 2025

    JUST-IN: Tinubu arrives Katsina, set to receive Buhari’s body

    July 15, 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

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    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