Borno Governor opposes proposed tax reform bills

The Borno State Governor, Babagana Zulum, has expressed strong concerns over the proposed tax reform bill, warning that it could have devastating consequences for the northern region and other parts of the country.

 In an interview with BBC Hausa on Friday, Zulum criticised the speed with which the bill had progressed through the legislative process, drawing comparisons to the Petroleum Industry Bill, which took nearly two decades to be passed.

Zulum said, “Why the rush? The Petroleum Industry Bill took almost 20 years before it was finally passed. But this tax reform bill is being transmitted and receiving legislative attention within a week. It should be treated carefully and with caution so that even after our exit, our children will reap its benefits.

“We condemn these bills sent to the National Assembly. They will drag the North backwards and also affect the South East, and some South-Western states like Oyo, Osun, Ekiti, and Ondo.

NewsDirect
NewsDirect
Articles: 50846