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NATIONAL ECONOMIC COUNCIL CALLS FOR WITHDRAWAL OF TAX REFORM BILL

The National Economic Council (NEC) has it  expressed reservations over the Tax Reform Bill forwarded by President Bola Tinubu to the National Assembly.

The bill was forwarded to NASS based on the report and recommendations of the Presidential Committee on Fiscal and Tax Reforms set up by the President to help boost revenue generation in the country.

NEC unanimously called for the withdrawal of the bill.

This was part of the resolutions reached during the National Economic Council meeting chaired by Vice President Kashim Shettima at the Presidential Villa in Abuja.

Briefing State House Correspondents after the meeting, the governors noted the need for sufficient alignment between and amongst the stakeholders for the proposed reforms.

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