Senator Ndume Raises Concerns Over Speedy Passage of Tax Reform Bill

• Senator Ali Ndume criticized the rapid passage of the Tax Reform Bill, urging for more consultations and transparency before approval
• Ndume emphasized the need for broader agreement on contentious issues like VAT and revenue derivation, citing the lengthy Petroleum Industry Bill process

Senator Ali Ndume, representing Borno South, has criticized the rapid passage of the Tax Reform Bill in the Senate. He questioned the urgency and transparency of the process and called for more in-depth consultations before its approval.

Ndume, speaking on Politics Today on Channels Television, highlighted key issues such as Value Added Tax (VAT) and revenue derivation. He described these as contentious topics that require broader agreement among stakeholders.

Drawing comparisons, Ndume noted that the Petroleum Industry Bill (PIB), a crucial law, took over 10 years to pass. He argued that fast-tracking the tax reform bill raises suspicions, particularly about the Executive’s involvement.

The senator also criticized the Federal Inland Revenue Service’s (FIRS) proposal to centralize tax collection. He warned that this approach could harm the system and lead to inefficiencies.

While Ndume clarified that he does not oppose the bill, he urged the Senate to withdraw it temporarily. He emphasized the importance of securing the support of state governors, especially from the North, to avoid potential conflicts.

Ndume concluded by stating his commitment to supporting the president’s administration but stressed the need for due process and wider national consultations before advancing the legislation.