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Arabinrin Aderonke: Tax Reform Bill - Zacch Adedeji, the man of steel

  • The Nigeria Governors Forum supports comprehensive tax reform and a new value-added tax distribution formula, allocating 50% based on equality, as stated in their communique issued by Kwara State Governor Abdulrahman Abdulrazaq.
  • President Bola Tinubu forwarded four tax reform bills to the National Assembly, aiming to revamp Nigeria's tax system, following approval from the Federal Executive Council.
  • The Northern Governors Forum opposed the proposed tax amendment bills, while Southern Senators expressed strong support for their passage, highlighting differing regional opinions on the reforms.
  • The Nigeria Governors Forum endorsed a revised VAT sharing formula and emphasized no increase in VAT rates, aiming for equitable resource distribution and long-term economic stability.
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Bias Distribution

  • 67% of the sources lean Left
67% Left
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