Senator Ali Ndume Opposes Tax Reform Bills

Dec 24, 2024 - 19:24
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Senator Ali Ndume Opposes Tax Reform Bills

Borno South Senator Ali Ndume has voiced his opposition to the proposed tax reform bills introduced by President Bola Tinubu.

 These reforms aim to overhaul Nigeria's tax collection and administration systems, promising a more equitable and efficient taxation model.

Central to the legislation are significant changes, including revisions to the Value Added Tax (VAT) revenue-sharing formula and exemptions for small businesses and average Nigerians. 

While proponents argue that these reforms could revitalize Nigeria's economy, critics, including Ndume, highlight potential issues related to regional economic imbalances.

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