Connect with us

News

Shehu Sani Backs Tax Reform Bill And Calls for Fairer VAT Distribution

Published

on

Photo source: Google

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.

Advertisement

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.


 

News

Nigerian Student Wins 2026 Spelling Bee World Championship

Published

on


It has been reported that a Nigerian won the 2026 Spelling Bee World Championship, which was held in Shanghai, China. The winner, Chinedu Great Okdediachi, has now returned home to Delta State after his victory.

It can be noted that the student had already emerged as one of the Gold Award winners in the Middle School Group category.

“Congratulations once again, Chinedu! Your success continues to inspire young Nigerians to pursue excellence through education. Welcome home, Champion!”

The young star has made Nigeria proud by winning the international competition.


Continue Reading

News

‘My Reforms Have Stabilised Nigeria’s Economy’ — President Tinubu

Published

on


President Bola Ahmed Tinubu has stated that his administration’s economic reforms have helped stabilise Nigeria’s economy and placed the country on a path toward steady growth.

He said “My reforms have stabilised Nigeria’s economy and put it on a path of steady growth.”

The President added that the reforms are creating more opportunities for development across the country.

However, many Nigerians reacted online, with some questioning the impact of the reforms and saying they have yet to experience the positive effects.


 

Advertisement
Continue Reading

News

Nyesom Wike Says He Knows Civil Servants Don’t Like Him

Published

on


Nigerian politician and FCT Minister, Nyesom Wike, has said that he is aware many civil servants do not like him.

He shared that he understands why he is unpopular among some civil servants, explaining that funds previously spent on unnecessary conferences are now being redirected to road construction projects.

He said “Some people say conferences for corruption and I say what is that? You are going for conferences to do what? These are ways government funds are being diverted. I say put this money in this road here and the people will get the impact.”


Continue Reading

Trending