Tinubu Begins Diplomatic Move To Woo Northern Elites Over Tax Reform Bills

Cat:

Related stories

Tinubu Departs Saint Lucia, Heads to Brazil for BRICS Summit

By Abiola Olawale President Bola Ahmed Tinubu departed Saint Lucia...

2027: Drama, Intrigues as Julius Abure Tells Otti to Quit Labour Party

By Abiola Olawale In a dramatic turn of events, Barrister...

FG Secures $100m for Lagos-Calabar Project from ECOWAS Bank

By Abiola Olawale The Nigerian government has reportedly secured a...

Ex- Arsenal Star Thomas Partey Faces Rape, Sexual Assault Charges in UK

By Abiola Olawale The Metropolitan Police have formally charged former...

Edwin Cortes: Prefers Being A Small Puerto Rican Than Big American

By Owei Lakemfa To be a citizen of the United...

By Abiola Olawale

President Bola Ahmed Tinubu has reportedly initiated a move to engage with northern elites to garner support for the tax reform bills, which are currently facing strong opposition from the governors of Northern States.

According to a report by the Punch newspaper, Tinubu is employing “back channels” and direct consultations to smoothen out perceived issues with the bills.

The New Diplomat reports that the tax reform bills which aim to overhaul Nigeria’s tax system, have sparked significant debate, particularly over areas dealing with proposed changes to the Value Added Tax (VAT) distribution model.

The opposition primarily stems from concerns over the distribution of Value Added Tax (VAT) under the new proposals, with Northern governors arguing that it would disproportionately benefit certain states, particularly Lagos, at the expense of others, especially in the North.

Northern leaders have also expressed worries that the reforms could undermine the region’s economic stability, potentially impacting salary payments and exacerbating issues like poverty and insecurity.

The northern governors had also maintained that these bills to be withdrawn from the National Assembly for further consultation.

However, a presidential source who spoke with the press, according to the punch, said Tinubu has already developed strategies involving private consultations and “back channels” to address these concerns.

The source added that the diplomatic approach is seen by the President as an attempt to mitigate regional tensions and ensure the bill’s passage through the National Assembly.

The source stated: “What I know is that he (President Tinubu) has been consulting with some of the northern elite at the individual level and as groups, even before the holidays.

“He is reaching out through different channels that are available to him to make sure that the grey areas of the bill are smoothened out.”

The New Diplomat reports that the bills, which were introduced in October 2024, are said to be aimed at restructuring Nigeria’s tax system through several pieces of legislation like the Nigeria Tax Bill 2024, Nigeria Tax Administration Bill, Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill.

The New Diplomat
The New Diplomathttps://newdiplomatng.com/
At The New Diplomat, we stand for ethical journalism, press freedom, accountable Republic, and gender equity. That is why at The New Diplomat, we are committed to speaking truth to power, fostering a robust community of responsible journalism, and using high-quality polls, data, and surveys to engage the public with compelling narratives about political, business, socio-economic, environmental, and situational dynamics in Nigeria, Africa, and globally.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

NDN
Latest News
Tinubu Departs Saint Lucia, Heads to Brazil for BRICS Summit2027: Drama, Intrigues as Julius Abure Tells Otti to Quit Labour PartyFG Secures $100m for Lagos-Calabar Project from ECOWAS BankEx- Arsenal Star Thomas Partey Faces Rape, Sexual Assault Charges in UKEdwin Cortes: Prefers Being A Small Puerto Rican Than Big AmericanJune 12 And The International Pursuit of Justice For Abiola, By Femi FalanaBreaking Down the West’s $146 Billion 2024 Defence Technology InvestmentG7 vs. the World: GDP, Population, and Military StrengthUS drillers cut oil and gas rigs for 10th week in a row, Baker Hughes saysExclusive! Tinubu Tips Late Ajimobi's Wife, Florence, Others for Ambassadorial PostsTinubu Mourns, Pays Tribute to Legendary Super Eagles Goalkeeper Peter RufaiNatasha vs Akpabio: Court Orders Senate President To Recall Senator NatashaHadi Sirika Denies Defection to ADC Coalition Rumors, Reaffirms Loyalty to Buhari, APCChina Snubs U.S. Crude for Third Month, Even as Ethane Trade RestartsHow Super Eagles Icon Peter Rufai passed Away at 61
X whatsapp