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Arewa Broadcast Media Practitioner’s Forum Criticizes Proposed VAT Bill, Calls for Withdrawal

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<p><&excl;-- BEGIN THEIA POST SLIDER --><&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad4" id&equals;"quads-ad4" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p>&nbsp&semi;<&sol;p><div class&equals;"Qsz5E9iI" style&equals;"clear&colon;both&semi;float&colon;left&semi;width&colon;100&percnt;&semi;margin&colon;0 0 20px 0&semi;"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<&excl;-- TV --> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"4399361195" &NewLine; data-ad-format&equals;"auto" &NewLine; data-full-width-responsive&equals;"true"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script><&sol;div>&NewLine;<p>The Arewa Broadcast Media Practitioner&&num;8217&semi;s Forum&comma; a body of media professionals from Northern Nigeria&comma; has voiced strong opposition to the proposed Value Added Tax &lpar;VAT&rpar; bill currently before the National Assembly&period; In a press statement signed by its Chairman&comma; Abdullahi Yelwa &lpar;Ajiyan Yauri&rpar;&comma; 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&period;<&sol;p><div class&equals;"R7HBMco0" style&equals;"clear&colon;both&semi;float&colon;left&semi;width&colon;100&percnt;&semi;margin&colon;0 0 20px 0&semi;"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<&excl;-- TV --> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"4399361195" &NewLine; data-ad-format&equals;"auto" &NewLine; data-full-width-responsive&equals;"true"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script><&sol;div>&NewLine;<p>The forum highlighted that while some aspects of the bill&comma; if implemented judiciously&comma; may generate much-needed resources for national development&comma; the resort to ethnic and regional sentiments by some supporters of the bill is unacceptable&period; &&num;8220&semi;We take exception to the resort to ethnic and regional sentiments by some of the supporters of the bill&comma; who mischievously adduced ulterior motives to the legitimate concerns of the Northern Governors Forum and National Economic Council&comma;&&num;8221&semi; the statement read&period;<&sol;p>&NewLine;<p>The forum emphasized that the North&comma; like any part of the country&comma; has the right to comment on any public policy&comma; especially those it considers injurious to its survival&period; &&num;8220&semi;The conceivers of the bill have shown total disregard for the concerns of a large majority of Nigerians&comma; especially the North that is economically disadvantaged&comma;&&num;8221&semi; the forum stated&period;<&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad1" id&equals;"quads-ad1" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p>One of the key concerns raised by the forum is the provision in the bill that imposes tax on inheritance funds&comma; which they argue is contrary to religious doctrine and cultural norms&period; Additionally&comma; the forum criticized the lopsided distribution of VAT revenue to states and the Federal Capital Territory &lpar;FCT&rpar; as proposed in the bill&comma; calling it unjust and likely to exacerbate economic disparities between the North and other regions of the country&period;<&sol;p><div class&equals;"S7dTI4Rw" style&equals;"clear&colon;both&semi;float&colon;left&semi;width&colon;100&percnt;&semi;margin&colon;0 0 20px 0&semi;"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block&semi; text-align&colon;center&semi;" &NewLine; data-ad-layout&equals;"in-article" &NewLine; data-ad-format&equals;"fluid" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"6550225277"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script><&sol;div>&NewLine;<p>The forum also noted the &&num;8220&semi;fire brigade approach&&num;8221&semi; by the Tax Reform Committee to engage key stakeholders after the fact&comma; which they believe has not erased the suspicion and distrust the bill has generated&period; &&num;8220&semi;In light of these concerns&comma; we advise the government of President Bola Ahmed Tinubu to honourably withdraw the VAT bill for further consultations with stakeholders&comma;&&num;8221&semi; the statement urged&period;<&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad3" id&equals;"quads-ad3" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p>The forum believes that withdrawing the bill for further consultations will promote national unity and cohesion and ensure that the VAT regime is fair&comma; equitable&comma; and beneficial to all Nigerians&period; &&num;8220&semi;This approach will not only promote national unity and cohesion but also ensure that the VAT regime is fair&comma; equitable&comma; and beneficial to all Nigerians&comma;&&num;8221&semi; the forum concluded&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p><&excl;-- END THEIA POST SLIDER -->&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad5" id&equals;"quads-ad5" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<&sol;p>&NewLine;<script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block" &NewLine; data-ad-format&equals;"autorelaxed" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"1004305389"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad4" id&equals;"quads-ad4" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;

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