- The Senate convened with Attorney General Lateef Fagbemi to address contentious issues surrounding four tax reform bills submitted by President Tinubu
- Senator Abba Moro confirmed plans for a follow-up session, emphasizing the need for further discussion to streamline the tax reform process
The Senate convened on Monday with Attorney General of the Federation (AGF) Lateef Fagbemi (SAN) to address contentious issues surrounding four tax reform bills currently before the National Assembly.
President Bola Ahmed Tinubu had forwarded the bills to the assembly in October last year, urging swift passage. However, controversies led to a suspension of legislative work to allow for proper consultations.
In response, the Senate formed a committee led by Minority Leader Senator Abba Moro (PDP, Benue South) to engage with the AGF and resolve the identified challenges.
After a two-hour meeting in Abuja, Moro confirmed plans for a follow-up session. “We met with government officials, including the AGF, RMAFC Chairman, and FIRS Chairman, to evaluate the conflicting issues surrounding these bills,” he stated.
“We agreed to streamline the process and deliver a law that serves Nigerians effectively. Hopefully, we will have positive updates by our next meeting,” Moro added.
While Moro emphasized the need for further discussion, FIRS Chairman Zacch Adedeji appeared conflicted. Initially, he ruled out another meeting but later suggested ongoing engagements.
“We discussed and clarified the grey areas. Engagements have been positive, and progress is as expected,” Adedeji noted.
He also remarked, “There won’t be any more meetings because all issues were clarified and resolutions reached.” Despite this, he expressed optimism that the bills would soon reach a third reading in the National Assembly.
“Everyone agrees on the importance of these proposed laws for Nigeria,” Adedeji added. “The collaboration between lawmakers, operators, and the AGF went smoothly.”
The Senate had previously passed the tax reform bills for a second reading on November 28, 2024.
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