By Yazid Inuwa MK Bauchi
“`The Bauchi State Governor, Bala Mohammed’s criticism of President Bola Ahmed Tinubu’s Tax Reform bills seems to be rooted in concerns about the potential economic impact on Northern Nigeria.
However, a closer examination of the proposed reforms reveals that they aim to ensure uniformity in tax revenue administration, eliminate double taxation, and boost disposable incomes through targeted tax exemptions.
It’s essential to consider the broader implications of the tax reform bills, rather than focusing solely on regional interests. The reforms could potentially stimulate economic growth, create jobs, and increase revenue for all states, including those in northern Nigeria.
Moreover, Governor Bala’s assertion that the tax reform bills are “not favourable to Northern Nigeria” oversimplifies the complex issues at play. The proposed reforms aim to create a more equitable tax system, where all regions contribute their fair share.
The Bauchi state’s Governor maintained that his criticism is not based on political or religious beliefs, but rather, focusing on national unity rather than hegemony.
However, rather than viewing the tax reform bills as a threat, Governor Mohammed and other northern leaders should engage in constructive dialogue with the presidency to address their concerns. This collaborative approach could lead to more inclusive and effective policies that benefit all regions of Nigeria.
Ultimately, the tax reform bills should be evaluated based on their potential to promote economic growth, fairness, and national unity, rather than being dismissed solely due to regional concerns.
On Thursday, while addressing Christian Community that paid him a homage at the state’s Government House to mark the occasion of the 2024 Yulitide festivities, Gov. Bala Mohammed expressed scepticism and strong opposition to President Tinubu’s proposed tax reform bills, urging the president to, as a matter of urgent national concern, withdraw the bill due to its potential negative impact on the economic growth of many northern states.
The proposed tax reform bills aimed to ensure uniformity in tax revenue administration, eliminate double taxation, and boost disposable incomes through targeted tax exemptions.
However, Governor Bala Mohammed and other northern governors have raised serious concerns that the bills will disproportionately affect their regions, and tantamount to invoking anarchy and insurrection.
Specifically, the Governors are opposed to the proposed sharing of Value-Added Tax (VAT) revenues, which they claim will reduce their states’ allocations. They have called for the bills to be withdrawn and for broader consultations to be held.
It’s worth noting that the tax reform bills have already passed their second reading in the Senate, but their progress has been halted due to opposition from northern lawmakers.“`
Yazid Inuwa MK Bauchi
DG, North-East Coalition of Tinubu/Kashim Support Groups
yazidmk2017@gmail.com
+23480328501