• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Monday, March 30, 2026
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home News

Reps to commence debate on tax reforms bills – Deputy Spokesman

Nathaniel Irobi by Nathaniel Irobi
December 1, 2024
in News
0
Reps to commence debate on tax reforms bills – Deputy Spokesman
0
SHARES
6
VIEWS
FacebookTwitterWhatsappEmailTelegram

Deputy Spokesman for the House of Representatives, Rep. Philip Agbese (APC-Benue), says the house is set to commence debate on the four tax reforms bills initiated by President Bola Tinubu.

Agbese told newsmen in Abuja on a Saturday that members of the house had taken time to read through the bills.

The News Agency of Nigeria (NAN) reports that the bills are: Nigeria Tax Bill 2024, Tax Administration Bill, Nigeria Revenue Service Establishment Bill and Joint Revenue Board Establishment Bill.

RelatedPosts

Tuggar Resigns As Foreign Affairs Minister

NIS Flags Off Nationwide Sensitisation on New Migration Policy in Taraba

East Point: Atlanta’s Top Spot For 2026 FIFA World Cup Visitors – Francois

NAN also reports that the bills seek to provide fiscal framework as well as clear and concise legal frameworks for all taxes in the country and reduce disputes in tax administration.

According to Agbese, Nigerians will remain grateful to the Executive Chairman, Federal Inland Revenue Service (FIRS), Dr Zacchaeus Adedeji, for the reforms.

He explained that the bills, presently before the chambers, intended to stimulate the country’s fiscal policy.

“Nigerians will appreciate very soon because when these bills are passed and the Federal Government has more money to spend, critical infrastructure will be developed, jobs will be created and, to a great extent, poverty will be reduced.

“We hope to debate these bills on Tuesday and we expect robust deliberations that will ultimately lead to the passage of the bills.

“Most of our colleagues have read the bills and as a result, they are now shifting grounds. Those initially opposed to the bills are now advocating for their speedy consideration and passage.

ALSO READ:  Speaker Abbas Calls For Citizen Involvement In Budgeting

“When we converge next week, more supporters will have been won over, but I want to add that this is not only about lawmakers.

“These bills are about Nigerians, from the top company executive to the farmer in a rural village. I say this because public policy affects everyone,” he said.

“If passed into law, these bills will rejig the economy and ensure rapid development of critical infrastructure,” he said.

Agbese called on Nigerians to rally around the tax bills, adding that as lawmakers, the interest of the country surpassed individual or sectional consideration.

He commended Tinubu for championing a new direction of tax administration in the country, saying that Nigeria was going toward progressive taxation.

“If the tax bills are well implemented, we will have a new tax regime that takes away the burden from poor Nigerians and small companies; it is a new thinking that will do us good,” he said.

The lawmaker also commended the role played by the Chairman of Federal Inland Revenues Service (FIRS), Dr Zacch Adedeji, in initiating the bills.

He particularly lauded the FIRS boss for thinking creatively and championing reforms that would improve the nation’s revenue through effective tax administration.

The lawmaker said that FIRS, with Adedeji’s stewardship, had been surpassing its revenue target.

According to him, FIRS collected a record N12.374 trillion in 2023, which was 10.7 per cent higher than its target of N10.7 trillion.

“Nigerians will appreciate this man very soon because when these bills are passed and the Federal Government has more money to spend, critical infrastructure will be developed, jobs will be created and, to a great extent, poverty will be reduced,” he said.

ALSO READ:  Scrap Traders Seek Recognition In FCT Scheme

The deputy spokesperson stated that there were not many persons of Adedeji’s capacity in charge of government agencies.

He said that FIRS set a revenue target of N19.41 trillion for 2024 and that as of the end of September, it had already collected N18.5 trillion which is so commendable.

NAN recalls that the Nigeria Governors’ Forum, comprising all the 36 state governors, had kick against the bills and called for their withdrawal from the parliament. (NAN)

Tags: tax reforms
Previous Post

Gov. Dauda Under Fire as Citizens Plead For Matawalle’s Comeback

Next Post

NLC directs workers in FCT area councils to begin strike Dec. 1

Nathaniel Irobi

Nathaniel Irobi

Related Posts

Tuggar Resigns As Foreign Affairs Minister

Tuggar Resigns As Foreign Affairs Minister

by Elanza
March 30, 2026
0

The Minister of Foreign Affairs, Yusuf Maitama Tuggar, has resigned from the administration of Bola Ahmed Tinubu, signalling his intention...

NIS Flags Off Nationwide Sensitisation on New Migration Policy in Taraba

NIS Flags Off Nationwide Sensitisation on New Migration Policy in Taraba

by Nathaniel Irobi
March 30, 2026
0

BY Solomon Attah, Jalingo The Nigeria Immigration Service (NIS) has commenced a nationwide sensitisation and capacity-building programme on the newly...

East Point: Atlanta’s Top Spot For 2026 FIFA World Cup Visitors – Francois

East Point: Atlanta’s Top Spot For 2026 FIFA World Cup Visitors – Francois

by Nathaniel Irobi
March 30, 2026
0

As anticipation builds for the FIFA World Cup 2026, the East Point Convention and Visitors Bureau is proudly spotlighting East...

Next Post
NLC directs workers in FCT area councils to begin strike Dec. 1

NLC directs workers in FCT area councils to begin strike Dec. 1

Okocha emerges substantive Rivers APC Chairman

Okocha emerges substantive Rivers APC Chairman

Recommended

ADC NEC Approves Congress Timetable

ADC NEC Approves Congress Timetable

5 days ago
Soil Is Africa’s Hidden Growth Asset

Soil Is Africa’s Hidden Growth Asset

4 hours ago

Popular News

  • Residents flee as flood ravages 10 communities in Kebbi – NEMA

    Residents flee as flood ravages 10 communities in Kebbi – NEMA

    0 shares
    Share 0 Tweet 0
  • CSOs Ask NUJ, NAWOJ To Probe Tozali TV Boss’ Allegations

    0 shares
    Share 0 Tweet 0
  • Coalition Rallies Behind Defence Minister, Rejects Removal Demands

    0 shares
    Share 0 Tweet 0
  • IWD 2026: Kaduna’s Sole Female Council Chair Champions Gender Equality

    0 shares
    Share 0 Tweet 0
  • Appeal for Tax Relief for Nigeria’s Paramilitary Agencies

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (822)
  • Education (264)
  • Entertainment (352)
  • Health (244)
  • National (3,193)
  • News (9,926)
  • Opinion (418)
  • Politics (2,010)
  • Science (15)
  • Security (414)
  • Sports (664)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform