• About Us
  • Advertise With Us
  • Contact Us
  • Donate
Thursday, November 6, 2025
Daily Intel Newspapers
  • Login
  • Welcome
  • Special reports
    • All
    • Unedited for the record
    Court begs Kanu to enter defense, adjourns to Nov 7

    Court begs Kanu to enter defense, adjourns to Nov 7

    Germany bans Muslim group accused of advocating caliphate

    Germany bans Muslim group accused of advocating caliphate

    US War Secretary express readiness to attack Nigeria over killings and persecution of Christians in Nigeria

    US War Secretary express readiness to attack Nigeria over killings and persecution of Christians in Nigeria

    US Senator Ted Cruz moves to end sharia laws, blasphemy in Nigeria

    US Senator Ted Cruz moves to end sharia laws, blasphemy in Nigeria

    Alleged Coup Plot: Nigeria military make fresh arrests

    Alleged Coup Plot: Nigeria military make fresh arrests

    Ex-AGF Malami sold recovered properties to family members, inflated and shared commission from recovered Abacha loot, say Kebbi govt

    Ex-AGF Malami sold recovered properties to family members, inflated and shared commission from recovered Abacha loot, say Kebbi govt

  • Metro News
    Indefinite strike: FCTA has met 90% of resident doctors’ demands- official

    Indefinite strike: FCTA has met 90% of resident doctors’ demands- official

    Abuja neighbourhood protest conversion of green areas to estates

    Abuja neighbourhood protest conversion of green areas to estates

    Police discovers decomposing bodies of woman, two children in Abuja community

    Police discovers decomposing bodies of woman, two children in Abuja community

    Doctors in FCT commence warning strike, cite systemic failure, infrastructure decay, others

    Doctors in FCT commence warning strike, cite systemic failure, infrastructure decay, others

    Teachers, health workers strike,others:  Wike gets fresh ultimatum from FCT workers

    FCTA clears 1,000 shanties in Abuja district

    FCT set up committee to probe sales of FG houses, parks

    FCT set up committee to probe sales of FG houses, parks

  • Latest News
    • All
    • Crime watch
    Deputy governor Ibezim urges Anambra people to back Soludo for second term: “Let’s finish what we started” | By Daniel Nduka Okonkwo

    Deputy governor Ibezim urges Anambra people to back Soludo for second term: “Let’s finish what we started” | By Daniel Nduka Okonkwo

    Gunmen abduct electoral commissioner, ex-SUBEB chair in Niger state

    Terrorists ambush Nigeria lawmaker’s convoy, killing six soldiers

    Kidnapped Edo  seminarian confirmed dead

    Kidnapped Edo seminarian confirmed dead

    Court begs Kanu to enter defense, adjourns to Nov 7

    Court begs Kanu to enter defense, adjourns to Nov 7

    APC women leader,100 supporters defect to NNPP in Kano

    APC women leader,100 supporters defect to NNPP in Kano

    NCDMB council, mgt seek improved corporate governance, performance

    NCDMB council, mgt seek improved corporate governance, performance

    Trending Tags

  • Infotech
    Cyber attack disrupts European airports

    Cyber attack disrupts European airports

    NIMC partners online publishers to boost digital security through NIN enrollment

    NIMC partners online publishers to boost digital security through NIN enrollment

    Facebook set new monetization rules for creators who uses other people content

    Facebook set new monetization rules for creators who uses other people content

    Senate approves restoration of Aniocha North II State Constituency, Delta

    Bill mandating social media platforms to have physical office, records of employees pass second reading at the Senate

    Nigeria investigated  213 privacy breaches in 2024-NDPC

    Nigeria investigated 213 privacy breaches in 2024-NDPC

    FG begins construction of emerging technologies Institute in Kano

    FG begins construction of emerging technologies Institute in Kano

  • World conflict & diplomacy
    US War Secretary express readiness to attack Nigeria over killings and persecution of Christians in Nigeria

    US War Secretary express readiness to attack Nigeria over killings and persecution of Christians in Nigeria

    Trump slams  $15bn lawsuit against NYT over Epstein reports

    Trump orders Pentagon to start testing nuclear weapons

    Israel confirms release of hostages in Gaza to begin early on Monday

    Israel confirms release of hostages in Gaza to begin early on Monday

    UN chief urges compliance after Israel-Hamas agreement on Gaza plan

    UN chief urges compliance after Israel-Hamas agreement on Gaza plan

    Hamas accepts new Gaza truce plan – Official

    Hamas accepts new Gaza truce plan – Official

    Ukraine conflict: Trump and Putin end Alaska summit without deal

    Ukraine conflict: Trump and Putin end Alaska summit without deal

  • Africa
    US War Secretary express readiness to attack Nigeria over killings and persecution of Christians in Nigeria

    US War Secretary express readiness to attack Nigeria over killings and persecution of Christians in Nigeria

    92-year-old Biya re-elected after 43 years in power

    92-year-old Biya re-elected after 43 years in power

    Four dies in Cameroon opposition protests ahead of election results

    Four dies in Cameroon opposition protests ahead of election results

    Gunmen abduct electoral commissioner, ex-SUBEB chair in Niger state

    Gunmen abduct electoral commissioner, ex-SUBEB chair in Niger state

    State police needed to end Plateau violence- Governor Mutfwang

    State police needed to end Plateau violence- Governor Mutfwang

    Deputy speaker Kalu lament  funding delay for Southeast development commission

    Kalu drums support for state police, says only solution to insecurity

No Result
View All Result
  • Welcome
  • Special reports
    • All
    • Unedited for the record
    Court begs Kanu to enter defense, adjourns to Nov 7

    Court begs Kanu to enter defense, adjourns to Nov 7

    Germany bans Muslim group accused of advocating caliphate

    Germany bans Muslim group accused of advocating caliphate

    US War Secretary express readiness to attack Nigeria over killings and persecution of Christians in Nigeria

    US War Secretary express readiness to attack Nigeria over killings and persecution of Christians in Nigeria

    US Senator Ted Cruz moves to end sharia laws, blasphemy in Nigeria

    US Senator Ted Cruz moves to end sharia laws, blasphemy in Nigeria

    Alleged Coup Plot: Nigeria military make fresh arrests

    Alleged Coup Plot: Nigeria military make fresh arrests

    Ex-AGF Malami sold recovered properties to family members, inflated and shared commission from recovered Abacha loot, say Kebbi govt

    Ex-AGF Malami sold recovered properties to family members, inflated and shared commission from recovered Abacha loot, say Kebbi govt

  • Metro News
    Indefinite strike: FCTA has met 90% of resident doctors’ demands- official

    Indefinite strike: FCTA has met 90% of resident doctors’ demands- official

    Abuja neighbourhood protest conversion of green areas to estates

    Abuja neighbourhood protest conversion of green areas to estates

    Police discovers decomposing bodies of woman, two children in Abuja community

    Police discovers decomposing bodies of woman, two children in Abuja community

    Doctors in FCT commence warning strike, cite systemic failure, infrastructure decay, others

    Doctors in FCT commence warning strike, cite systemic failure, infrastructure decay, others

    Teachers, health workers strike,others:  Wike gets fresh ultimatum from FCT workers

    FCTA clears 1,000 shanties in Abuja district

    FCT set up committee to probe sales of FG houses, parks

    FCT set up committee to probe sales of FG houses, parks

  • Latest News
    • All
    • Crime watch
    Deputy governor Ibezim urges Anambra people to back Soludo for second term: “Let’s finish what we started” | By Daniel Nduka Okonkwo

    Deputy governor Ibezim urges Anambra people to back Soludo for second term: “Let’s finish what we started” | By Daniel Nduka Okonkwo

    Gunmen abduct electoral commissioner, ex-SUBEB chair in Niger state

    Terrorists ambush Nigeria lawmaker’s convoy, killing six soldiers

    Kidnapped Edo  seminarian confirmed dead

    Kidnapped Edo seminarian confirmed dead

    Court begs Kanu to enter defense, adjourns to Nov 7

    Court begs Kanu to enter defense, adjourns to Nov 7

    APC women leader,100 supporters defect to NNPP in Kano

    APC women leader,100 supporters defect to NNPP in Kano

    NCDMB council, mgt seek improved corporate governance, performance

    NCDMB council, mgt seek improved corporate governance, performance

    Trending Tags

  • Infotech
    Cyber attack disrupts European airports

    Cyber attack disrupts European airports

    NIMC partners online publishers to boost digital security through NIN enrollment

    NIMC partners online publishers to boost digital security through NIN enrollment

    Facebook set new monetization rules for creators who uses other people content

    Facebook set new monetization rules for creators who uses other people content

    Senate approves restoration of Aniocha North II State Constituency, Delta

    Bill mandating social media platforms to have physical office, records of employees pass second reading at the Senate

    Nigeria investigated  213 privacy breaches in 2024-NDPC

    Nigeria investigated 213 privacy breaches in 2024-NDPC

    FG begins construction of emerging technologies Institute in Kano

    FG begins construction of emerging technologies Institute in Kano

  • World conflict & diplomacy
    US War Secretary express readiness to attack Nigeria over killings and persecution of Christians in Nigeria

    US War Secretary express readiness to attack Nigeria over killings and persecution of Christians in Nigeria

    Trump slams  $15bn lawsuit against NYT over Epstein reports

    Trump orders Pentagon to start testing nuclear weapons

    Israel confirms release of hostages in Gaza to begin early on Monday

    Israel confirms release of hostages in Gaza to begin early on Monday

    UN chief urges compliance after Israel-Hamas agreement on Gaza plan

    UN chief urges compliance after Israel-Hamas agreement on Gaza plan

    Hamas accepts new Gaza truce plan – Official

    Hamas accepts new Gaza truce plan – Official

    Ukraine conflict: Trump and Putin end Alaska summit without deal

    Ukraine conflict: Trump and Putin end Alaska summit without deal

  • Africa
    US War Secretary express readiness to attack Nigeria over killings and persecution of Christians in Nigeria

    US War Secretary express readiness to attack Nigeria over killings and persecution of Christians in Nigeria

    92-year-old Biya re-elected after 43 years in power

    92-year-old Biya re-elected after 43 years in power

    Four dies in Cameroon opposition protests ahead of election results

    Four dies in Cameroon opposition protests ahead of election results

    Gunmen abduct electoral commissioner, ex-SUBEB chair in Niger state

    Gunmen abduct electoral commissioner, ex-SUBEB chair in Niger state

    State police needed to end Plateau violence- Governor Mutfwang

    State police needed to end Plateau violence- Governor Mutfwang

    Deputy speaker Kalu lament  funding delay for Southeast development commission

    Kalu drums support for state police, says only solution to insecurity

No Result
View All Result
Daily Intel Newspapers
No Result
View All Result
Support Us Support Us Support Us
Home Opinion

Tax reforms: Bogus alarms by Nigerian politicians | by Tonnie Iredia

Daily Intel Newspaper by Daily Intel Newspaper
December 29, 2024
Tax reforms: Bogus alarms by Nigerian politicians | by Tonnie Iredia

#image_title

Share on FacebookShare on TwitterChat With Us Live

Reliance on oil as the only source of revenue by successive governments in Nigeria has for long left the country in a dilemma of inadequacy of funds for development. Among other things, this encouraged the country to approach foreign creditors for huge loans that future generations may never be able to repay. 

Taxes which other nations depend upon for development are unavailable because they are poorly collected and managed in Nigeria. For several years, nothing was done about this precarious situation until July 2023 when the administration of President Bola Ahmed Tinubu decided to set up a Presidential Committee on Fiscal Policy and Tax Reforms to be chaired by Taiwo Oyedele of the famous Price Waterhouse Coopers. 

Following the work of the committee, Tinubu requested the National Assembly to pass 4tax reform proposals, namely: Nigeria Tax Bill, Nigeria Tax Administration Bill, Nigeria Revenue Service Establishment Bill and Joint Revenue Board Establishment Bill. Almost immediately, many Nigerians mostly politicians started criticising the bills even before reading their contents.

Reliance on oil as the only source of revenue by successive governments in Nigeria has for long left the country in a dilemma of inadequacy of funds for development. Among other things, this encouraged the country to approach foreign creditors for huge loans that future generations may never be able to repay. 

Taxes which other nations depend upon for development are unavailable because they are poorly collected and managed in Nigeria. For several years, nothing was done about this precarious situation until July 2023 when the administration of President Bola Ahmed Tinubu decided to set up a Presidential Committee on Fiscal Policy and Tax Reforms to be chaired by Taiwo Oyedele of the famous Price Waterhouse Coopers. 

Following the work of the committee, Tinubu requested the National Assembly to pass 4tax reform proposals, namely: Nigeria Tax Bill, Nigeria Tax Administration Bill, Nigeria Revenue Service Establishment Bill and Joint Revenue Board Establishment Bill. Almost immediately, many Nigerians mostly politicians started criticising the bills even before reading their contents.

The criticisms were as usual tailored along regional and religious lines thereby heating the polity unreasonably. Interestingly, the comments of the legislators, who were privileged to have received copies of the bills, showed that even they too had not read them. Yet, it was as if the bills which had divided legislators into two opposing camps in both chambers of the National Assembly had already been passed into law.

The posture of the legislators was not surprising because it has become fashionable for them to politicise every public policy with some of them falling on each other to demonstrate their purported closeness to the president. There was indeed, the impression that the present assembly had surpassed their immediate predecessors who told anyone that cared to hear that they would approve any request from former President Muhammadu Buhari. In the case of our current lawmakers, they appear ready to approve 5 even if only 4 bills were sent by Tinubu. Whereas collaborative federalism has its advantages, it is certainly harmful for sycophantic legislators to automatically approve executive requests without checking to remove inconsistencies or even grammatical errors in such requests. 

The negative attitude of some legislators to the tax bills was thus informed by the fear that if care was not taken, they might not be read before they are passed. As one legislator said at an informal gathering, the other day, one needs to be watchful before the bills follow the pattern of the change of the national anthem. This background also explains the speed by which the tax bills found their way into the deliberations of the National Economic Council NEC, as well as the call by NEC for the bills to be withdrawn for further vetting before returning them to the National Assembly for deliberations. First, the NEC being an advisory body should not make such directive statements. Second, a bill does not have to be perfect before legislators can read and debate its contents. In fact, the inputs of legislators ought to enhance the quality of bills.  

Instead of allowing interested citizens to express their views on the bills, almost every person who did not oppose the bills became an enemy to be condemned – a good example being the deputy senate president Barau Jubril. Even governor Seyi Makinde of Oyo State was fiercely criticised for supposedly opposing the tax reform bill, only because he was one of those mandated to explain the position of the National Economic Council. Speaking later at a media chat in Ibadan, Makinde asserted that he was not opposed to the tax reform bills, but that the Federal Government needed to engage with a wider array of stakeholders to achieve a meaningful reform. He then counselled Nigerians to learn to focus on the message rather than the messenger.

While public comments on the bills suggests a step forward in making Nigeria become a communicating nation, citizens also need to understand the formal processes and procedures for policy making. Bills are not expected to be passed without an opportunity for the public to make comments. The flood of comments especially those made by people who are convinced that the bills could dismember the nation are therefore hasty. Why can’t sub-national governments, interest groups and other associations arrange rational dialogues that could produce superior arguments over some of the provisions of the bills? Instead, it appears that some of the negative comments and threats are no more than bogus alarms.

It is however true that stakeholder’s engagements on the bills have been scanty and incoherent. As a result, not many people are fully aware of the bills and what they convey. There is therefore no better time than now for societal institutions such as the National Orientation Agency NOA, to take the highlights of the bills to all nooks and cranny of the country. Luckily, the Agency’s current chief executive who appears greatly energised by an obvious synergy between him and the information minister is well positioned to take on mass mobilization of Nigerians with the purpose of convincing them to appreciate the objectives and merits of the tax bills. But more importantly, the federal government can easily get from NOA, robust feedback on the disposition of Nigerians concerning the bills.

For sure, not all Nigerians are opposed to the tax bills. Whereas a large number of those said to be opposed to the bills are Northerners, there are people in the region who appear to embrace the bills. A review of comments from the North breaks the region into 3 distinct groups; namely: those in favour of the bills, then those who are only partially opposed and lastly those who are totally opposed to the reforms. For those who are not opposed to the bills, there is Senator Diket Plang, representing Plateau South in the National Assembly, who has found it necessary to ‘urge Nigerians to support credible governance initiatives and avoid fear over tax reform proposals, regardless of their origin.’

Yakubu Dogara, former Speaker of the House of Representatives, who also supports the bills made a scathing critique of Northern leadership, ‘accusing them of neglecting the region’s development despite decades of political dominance.’ He spoke at a town hall meeting organized by the Christian Awareness Initiative of Nigeria (CHAIN) in Kaduna, where the group resolved to support the tax reform initiative because of its benefits for the region and Nigeria at large. This group is slightly different from those who are only partially opposed to the bills. In this later groups are experts and stakeholders who at a roundtable discussion organized by the Kaduna Chamber of Commerce, Industry, Mines and Agriculture (KADCCIMA) said they are partially opposing the proposed reforms because of fear of poor implementation.

On their part, the most influential group made of governors of the 19 northern states are unanimously opposed to the bills. At a meeting in Kaduna in October, the governors rejected the proposed tax bills which they said would jeopardise the well-being of their people. The apprehension of most of them is probably the suspicion that the bills favour Nigeria’s economic capital Lagos and the Rivers State in the oil-producing Niger delta, where most of the offices of local and foreign companies are located. The governors’ opposition appears to be conditional because they have since called on lawmakers from the region to reject the bills and ensure they were not passed into law until the controversial clauses were amended. But why will the controversial clauses not be amended?

Are the leaders sincere or are they like ordinary people misled by certain parochial interests? The question becomes relevant as other people have said the views of the governors are false. Bamidele Opeyemi, leader of the senate says “credible data have shown, for instance, that the new model recommends 6.17% to Kano compared to 0.89% currently due to it. It recommends 1.21% for Zamfara compared to 0.05%. Currently, Lagos gets 80.26%, but the new model only recommends 15.28%, representing an 81% decrease. Under the new model, also, Rivers’ share will decline from 7.74% to 4.6%, accounting for 41%. With these figures, the narrative around the new derivation model is utterly incorrect and unfounded.”

Whoever is fooling who, our politicians, be they apostles or opponents of President Tinubu, need to recognize that Nigeria does not belong to them alone and that false statements are tantamount to fake news which are harmful to national growth and integration. Our leaders should beware of centrifugal factors in heterogenous Nigeria that can at the slightest provocation stretch to breaking point.

Share187Tweet117SendShare
Support Us Support Us Support Us
Daily Intel Newspaper

Daily Intel Newspaper

Next Post
Syrian rebels topples  President Bashar al-Assad as whereabout remains unknown

New Syria regime arrests over 200 Assad loyalists - Monitor

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR POST

  • CBN directs Moniepoint, others to stop registering new customers

    CBN gives Moniepoint, OPay, others go ahead to onboard new customers

    793 shares
    Share 317 Tweet 198
  • South-East importers, exporters threaten strike over Nigerian Shippers’ Council’s 200% rates hike

    649 shares
    Share 260 Tweet 162
  • BREAKING: President Tinubu approves the reappointment of Adaji as DG of NBC

    635 shares
    Share 254 Tweet 159
  • Nigeria’s foreign reserves records $1.8bn fall in two months

    544 shares
    Share 218 Tweet 136
  • How Imo Chief Judge Theresa Chikeka falsified age, refuse to retire | Opinion by Odinkalu

    532 shares
    Share 213 Tweet 133

STAY CONNECTED

Follow Us

Categories

  • Africa
  • Aviation
  • Business
  • Citizen reporter
  • Corruption
  • Crime watch
  • Culture
  • Document
  • Education
  • Entertainment
  • Exclusive
  • Featured
  • Finance & economy
  • Foreign News
  • Health
  • Human rights & the people
  • Infotech
  • Interviews
  • Investigation
  • Judiciary
  • Latest News
  • Maritime
  • Metro News
  • News
  • Oil & gas
  • Opinion
  • Politics
  • Promoted
  • Science & Technology
  • Special reports
  • Special updates
  • Sports
  • Unedited for the record
  • World conflict & diplomacy

LATEST NEWS

Deputy governor Ibezim urges Anambra people to back Soludo for second term: “Let’s finish what we started” | By Daniel Nduka Okonkwo

Deputy governor Ibezim urges Anambra people to back Soludo for second term: “Let’s finish what we started” | By Daniel Nduka Okonkwo

November 6, 2025
Gunmen abduct electoral commissioner, ex-SUBEB chair in Niger state

Terrorists ambush Nigeria lawmaker’s convoy, killing six soldiers

November 5, 2025
  • About Us
  • Advertise With Us
  • Contact Us
  • Donate

© 2025 All Rights Reserved Daily Intel Newspapers

No Result
View All Result
  • Home
  • Special reports
  • Special updates
  • World conflict & diplomacy
  • Infotech
  • Metro News
  • Latest News
    • Human rights & the people
    • Unedited for the record
    • Judiciary
  • Finance & economy
  • Exclusive
  • Africa
  • Document
  • Education
  • Entertainment
  • Infotech
  • Investigation
  • Science & Technology
  • Aviation
  • Sports
  • Business
  • Culture
  • Finance & economy
  • Foreign News
  • Health
  • Corruption
  • Promoted
  • Crime watch

© 2025 All Rights Reserved Daily Intel Newspapers

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In