Tinubu’s Tax Reform Bills: A Positive Package for All Nigerians – Gumi

Tinubu’s Tax Reform Bills: A Positive Package for All Nigerians – Ahmed Gumi

Amid mounting opposition from northern leaders, Islamic cleric and scholar Ahmad Abubakar Gumi has voiced support for the controversial Tax Reform Bills, describing them as a beneficial package for all Nigerians. Despite criticism from northern governors, lawmakers, and traditional leaders who claim that the bills, if passed, could negatively affect the region, Gumi stands firm in his belief that the reforms are overall advantageous for the country.

The opposition from northern leaders has ignited a heated debate between stakeholders from the southern and northern regions, particularly as the bills passed their second reading in the Senate last Thursday. The contentious issues at the heart of the debate, especially the proposed changes to the Value Added Tax (VAT) system, have sparked considerable backlash from the north, with many arguing that the new formula for VAT distribution could harm their economic interests.

In an interview with Daily Post on Tuesday, Gumi expressed his support for the tax reform bills, noting that the overall package is beneficial to all Nigerians. However, he acknowledged the criticism surrounding the VAT component, stating that it remains the most contentious issue within the proposed reforms. Gumi suggested that the VAT aspect of the bill should be reviewed, but emphasized that aside from this, the reforms present a positive direction for the country.

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His comments highlight the ongoing divisions over the bill, with some advocating for changes to ensure a more equitable distribution of tax revenues, while others argue that the reforms could help reduce Nigeria’s reliance on oil revenues and promote broader economic growth. As the debate continues, the future of the tax reform bills remains uncertain, with stakeholders from both regions continuing to weigh in on the potential impact of the legislation.

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