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Presidency Denies Discrepancies in New Tax Laws, Blames Misinformation

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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;"kV8eP142" 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>By Yusuf Danjuma Yunusa<&sol;p><div class&equals;"n2d0YVhJ" 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>&nbsp&semi;<&sol;p>&NewLine;<p>The Presidency has formally addressed recent concerns regarding discrepancies in the newly enacted tax reform legislation&comma; dismissing media reports as based on misinformation&period; The clarification comes in response to calls from former Vice President Atiku Abubakar&comma; Labour Party presidential candidate Peter Obi&comma; lawmakers&comma; and civil society groups to suspend the laws’ implementation&comma; scheduled for January 1&comma; 2026&period;<&sol;p>&NewLine;<p>The dispute originated from allegations by Hon&period; Abdulsamad Dasuki&comma; a member of the House of Representatives&comma; who claimed that the versions of the tax laws officially gazetted differed from those debated and passed by the National Assembly&period; He described this as a breach of legislative due process&period;<&sol;p><div class&equals;"4LuCSVEn" 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>In a televised interview on Channels Television’s &&num;8216&semi;The Morning Brief&&num;8217&semi; on Monday&comma; the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee&comma; Taiwo Oyedele&comma; refuted these claims&period; He stated that the committee lacks the final certified copies of the harmonised bills passed by the National Assembly and transmitted to the President&comma; making any comparison with the gazetted versions unverifiable&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>&OpenCurlyDoubleQuote;Before you can say there is a difference between what was gazetted and what was passed&comma; we have what has not been gazetted&period; We don’t have what was passed&comma;” Oyedele explained&period;<&sol;p>&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;&NewLine;<p>&OpenCurlyDoubleQuote;The official harmonised bills certified by the clerk&comma; which the National Assembly sent to the President&comma; we don’t have a copy to compare&period; Only the lawmakers can say authoritatively what we sent&period;”<&sol;p>&NewLine;<p>Oyedele also addressed a specific controversy surrounding Section 41&lpar;8&rpar;&comma; which was alleged to require taxpayers to pay a 20&percnt; deposit before filing certain appeals&period; He confirmed that this provision does not appear in the final gazetted version&comma; though it had been included in an earlier draft&period;<&sol;p>&NewLine;<p>&&num;8220&semi;What is out there in the media did not come from the committee set up by the House of Representatives&period; I think we should allow them to do the investigation&comma;&&num;8221&semi; he said&period;<&sol;p>&NewLine;<p>Background on the Reforms<&sol;p>&NewLine;<p>President Bola Tinubu recently signed into law four key statutes&colon; the Nigeria Tax Act&comma; the Nigeria Tax Administration Act&comma; the Nigeria Revenue Service &lpar;Establishment&rpar; Act&comma; and the Joint Revenue Board &lpar;Establishment&rpar; Act&period; These laws will be implemented under a unified body&comma; the Nigeria Revenue Service&period;<&sol;p>&NewLine;<p>The Federal Government describes the reforms as the most comprehensive modernization of Nigeria’s tax system in decades&period; They aim to simplify compliance&comma; broaden the tax base&comma; eliminate duplicative taxes&comma; and modernize revenue collection across all levels of government&period;<&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-ad3" id&equals;"quads-ad3" 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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