The Nigerian Senate is set to conduct a thorough review of the controversial Tax Reform Bill, with a key meeting scheduled for Thursday, December 5, in Abuja.
This crucial session will involve the Attorney General of the Federation (AGF), as the Senate seeks to address and resolve the various concerns that have been raised about the proposed tax reforms.
The review process will be spearheaded by Senator Anna Moro, who chairs the committee responsible for evaluating the bill. Along with other members of the committee, Senator Moro will meet with the AGF to discuss the contentious aspects of the Tax Reform Bill, which has generated significant debate and controversy across the nation. The discussions are expected to focus on areas of disagreement and potential revisions to the bill in order to create a more balanced and effective tax system.
Deputy Senate President, Senator Barau, who presided over the Senate plenary session on Wednesday, confirmed that the AGF would meet with the committee to address these concerns. He emphasized that the review session would provide all relevant stakeholders an opportunity to express their views and concerns. Following these discussions, the committee intends to come to a rational and fair conclusion, with recommendations aimed at ensuring that the proposed reforms serve the best interests of all parties involved.
This meeting represents an important step in the legislative process, as it aims to bring clarity to the contentious aspects of the tax reforms and ensure that the final version of the bill reflects the collective input of all stakeholders. The outcome of this review will be crucial in shaping the future of Nigeria’s tax system and addressing the concerns of various groups affected by the reforms.
