Tax Reform in Nigeria: Why We Should Look Beyond Regional Boundaries

Nigeria is in a state of turmoil over the proposed tax reform, raising concerns among the people of the North. However, Rep. Sani is strongly defending the bill, presenting it as economically beneficial and equitable to the entire country. He urged the northern governors to study the bill carefully, assuring that there will be no harm or increase in taxes. Sani stressed the importance of thorough analysis to reach consensus and benefit all, thereby ensuring sustainable economic prosperity for Nigeria.
Nigeria is currently in the midst of intense debates over the proposed Tax Reform Bill. The move has raised many concerns among northern leaders and citizens who fear the potential impact of the legislation. However, Rep. Sani urged everyone to transcend sentiment and carefully consider the benefits that the proposal could bring.

In a recent statement, Sani stressed his belief that Tinubu’s bill is “economically beneficial and equitable to all parts of Nigeria.” He described the move as a comprehensive effort to “harmonize and simplify tax administration,” while streamlining the enforcement apparatus to improve revenue generation.

He said: “The tax reform bill is not detrimental to the North or any region of this country. People should put aside their sentiments and read the bill carefully. It is a comprehensive and bold measure aimed at harmonizing and simplifying tax administration, fighting corruption in the so-called tax exemptions granted to business cabals.”

Addressing the northern governors directly, Sani urged them to “reverse their decision to reject the bill and take time to read it.” He stressed that no region would be harmed and there would be no loss of jobs or increase in taxes. On the contrary, Sani assured that the reforms would protect national and state revenues.

Ultimately, it is crucial for all political actors and citizens to thoroughly inform themselves on the implications of this tax reform before jumping to conclusions. By adopting an approach based on analysis and rationality, it is possible to find common ground and implement reforms that benefit all, thereby contributing to sustainable economic prosperity for Nigeria as a whole.

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