News
Shehu Sani Backs Tax Reform Bill And Calls for Fairer VAT Distribution
Shehu Sani has called for support for the proposed Tax Reform Bill, citing the urgent need to address the current inequities in Nigeria’s tax system.
In a post on his X handle, Sani reacted to a recent revelation by the Chairman of the Federal Inland Revenue Service (FIRS) before the House of Representatives.
According to the FIRS Chairman, 70% of the Value Added Tax (VAT) revenue is generated by just four states: Lagos, Rivers, Oyo, and the Federal Capital Territory (FCT).
Sani mentioned the disparity in VAT distribution, using the example of MTN, which pays most of its VAT in Lagos despite providing services across all states.
He described the situation as unjust and argued that the Tax Reform Bill is a necessary step toward ensuring fairness and equity in resource allocation.
He urged critics of the Bill to set aside political biases and carefully examine the document, stressing that many of the concerns raised against it are unfounded.
The Tax Reform Bill aims to restructure Nigeria’s tax system, ensuring a more balanced distribution of resources among states.
Former Vice President Atiku Abubakar has explained the reason behind the formation of the new opposition coalition led by the African Democratic Congress (ADC). According to Atiku, the coalition was created to defend Nigeria’s democracy from what he sees as growing authoritarian tendencies and the manipulation of elections under the current ruling party.
He emphasized that the alliance is not about political heavyweights like himself, Peter Obi, Rotimi Amaechi, or Nasir El-Rufai battling for the 2027 presidency, but about safeguarding the country’s democratic future.
Atiku made it clear that the movement isn’t aimed at attacking President Tinubu, but rather focused on putting Nigeria first. “This isn’t about fighting Tinubu,” he said. “It’s about protecting democracy and making sure Nigerians come first.”
Nigeria’s First Lady, Oluremi Tinubu, has urged the Super Falcons to give their all and bring home victory as they face hosts Morocco in the final of the 2024 Women’s Africa Cup of Nations at the Olympic Stadium in Rabat. With just 90 minutes standing between them and a record-extending 10th WAFCON title, the First Lady praised the team for their performance so far and encouraged them to finish strong.
In a video message shared on the Super Falcons’ official X account, she said, “My beautiful Super Falcons, congratulations on reaching the final. Your team spirit, dedication, and professionalism have been remarkable. You’ve become shining examples for young girls across Nigeria and Africa.”
She added, “As you take the field, may God grant you victory. Go and make us proud. Nigerians, including myself, are waiting to welcome you back with the trophy in your hands.”
Abia State recently welcomes new water project in Okwoyi Isieke Ibeku in Umuahia North LGA, for the first time in 130 years.
The project was carried out by the Abia State Ministry of Power and Public Utilities through the Abia Rural Water Supply And Sanitation Agency.
This project officially offered its residents clean and filtered water after many years of unclean water and unhealthy living.
The Abia State Commissioner for Power and Public Utilities, Ikechuckwu Monday, shared that this was a move to improve the living conditions of the residents and promote a healthy environment and living.
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