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One Of Northern State Assemblies Reject Tax Reform Bill
News
House of Reps Orders President Tinubu to Unfreeze NSIPA’s Accounts
The House of Representatives has issued a directive to President Bola Tinubu, urging him to mandate the Minister of Finance, Wale Edun, to unfreeze all accounts belonging to the National Social Investment Programmes Agency (NSIPA) within a 72-hour timeframe.
The resolution was reached following the adoption of a motion sponsored by the deputy speaker and 20 other lawmakers on Tuesday.
Lawmakers voiced their displeasure, arguing that despite the programmes of NSIPA being vital for poverty alleviation, youth empowerment, and economic inclusivity in Nigeria, the agency’s functionality has been hindered due to administrative bottlenecks, insufficient funding, and frozen accounts.
The president had ordered a halt of the programmes of NSIPA following allegations of financial mismanagement by overseers of the programmes.
The suspension also led to the freezing of the agency’s accounts.
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Arewa Broadcast Media Practitioner’s Forum Criticizes Proposed VAT Bill, Calls for Withdrawal
The Arewa Broadcast Media Practitioner’s Forum, a body of media professionals from Northern Nigeria, has voiced strong opposition to the proposed Value Added Tax (VAT) bill currently before the National Assembly. In a press statement signed by its Chairman, Abdullahi Yelwa (Ajiyan Yauri), the forum expressed concerns that certain provisions of the bill are detrimental to the interests of the Northern region and the overall economic development of the nation.
The forum highlighted that while some aspects of the bill, if implemented judiciously, may generate much-needed resources for national development, the resort to ethnic and regional sentiments by some supporters of the bill is unacceptable. “We take exception to the resort to ethnic and regional sentiments by some of the supporters of the bill, who mischievously adduced ulterior motives to the legitimate concerns of the Northern Governors Forum and National Economic Council,” the statement read.
The forum emphasized that the North, like any part of the country, has the right to comment on any public policy, especially those it considers injurious to its survival. “The conceivers of the bill have shown total disregard for the concerns of a large majority of Nigerians, especially the North that is economically disadvantaged,” the forum stated.
One of the key concerns raised by the forum is the provision in the bill that imposes tax on inheritance funds, which they argue is contrary to religious doctrine and cultural norms. Additionally, the forum criticized the lopsided distribution of VAT revenue to states and the Federal Capital Territory (FCT) as proposed in the bill, calling it unjust and likely to exacerbate economic disparities between the North and other regions of the country.
The forum also noted the “fire brigade approach” by the Tax Reform Committee to engage key stakeholders after the fact, which they believe has not erased the suspicion and distrust the bill has generated. “In light of these concerns, we advise the government of President Bola Ahmed Tinubu to honourably withdraw the VAT bill for further consultations with stakeholders,” the statement urged.
The forum believes that withdrawing the bill for further consultations will promote national unity and cohesion and ensure that the VAT regime is fair, equitable, and beneficial to all Nigerians. “This approach will not only promote national unity and cohesion but also ensure that the VAT regime is fair, equitable, and beneficial to all Nigerians,” the forum concluded.
News
Foreign Scholarship: Gov. Yusuf Visits Kano Students in India
Kano State Governor, Alhaji Abba Kabir Yusuf, has applauded the exceptional academic performance of students sponsored by his administration to pursue higher education in India.
During a visit to the students at Sharjah University in India, Governor Yusuf expressed pride in their dedication and accomplishments, describing their success as clear proof of the benefits of investing in education.
In a statement issued by his spokesperson, Sunusi Bature Dawakin Tofa, the governor affirmed that the resources allocated to the scholarship program were wisely spent, as the students had surpassed expectations with their remarkable academic results.
Governor Yusuf emphasized his administration’s unwavering commitment to advancing education, highlighting that nurturing young talents is central to his government’s vision for a prosperous Kano State.
The governor also revealed that his visit provided an opportunity to engage directly with the students, addressing their challenges and gathering valuable insights from the pioneer batch of over 400 students sponsored to various universities in Uganda and India as part of the 100:1 Postgraduate Scholarship Scheme.
According to the statement, the visit enabled the governor to conduct an on-the-spot assessment, aimed at enhancing preparations for the next set of beneficiaries, both for foreign and domestic scholarships, to ensure the completion of the 100:1 initiative before the end of his first tenure.
This initiative, Governor Yusuf noted, reaffirms his administration’s belief in education as a transformative tool for societal growth and development. His visit serves as an inspiration for students to strive for academic excellence, both at home and abroad.
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