Latest news

Tax Reforms’ll Reinvigorate Northern Economy –Experts


A group of experts from northern Nigeria have thrown their weight behind the Tax Reform Bills proposed by President Bola Tinubu, saying the bills would reinvigorate the economy of the North.

The experts spoke as resource persons at a town hall meeting yesterday in Abuja, organised by 200 civil society organisations under the Coalition of Northern Civil Society Groups in collaboration with Concerned Northern Professionals.

During the event chaired by Vice Chancellor, African School of Economics (PanAfrican University of Excellence, Abuja), Prof Malfouz Adedimeji, the experts refuted claims that the bills were anti-North, but were rather geared towards the development of the region.

A chartered accountant, Dr Mustapha Abubakar, said the Tax Reform Bills were designed to expand Nigeria’s tax base, improve compliance and establish sustainable revenue streams.

He said: “The bills are expected to have a positive impact on the northern economy, potentially increase government revenue, reduce poverty, and promote economic growth and development.

“One of the key benefits of the bills is the potential to increase revenue generation for state and local governments in the North.”



Tags :

Related Posts

Must Read

Popular Posts

The Battle for Africa

Rivals old and new are bracing themselves for another standoff on the African continent. By Vadim Samodurov The attack by Tuareg militants and al-Qaeda-affiliated JNIM group (Jama’a Nusrat ul-Islam wa al-Muslimin) against Mali’s military and Russia’s forces deployed in the country that happened on July 27, 2024 once again turned the spotlight on the activities...

I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...