Borno State governor, Babagana Zulum, has warned of consequences if President Bola Tinubu uses his powers to push through the tax reform bills currently before the national assembly.
The governor who insisted that the bills should not be implemented as they are, maintained that if the bills are passed, most of the money from the Value Added Tax (VAT) will go to Lagos State.
Zulum who spoke during a. interview with Channels Television on Sunday, said he is not against the administration of President Tinubu, but asked for more time for consultations on the tax reform proposals in the spirit of democracy.
“We know the power of the president. I’m a system man; I respect him. If the president wants to use his power to pass the tax bill, he may have his way, but it has its consequences on the people,” Zulum said
President Tinubu had in October, asked the National Assembly to consider and pass the Joint Revenue Board of Nigeria (Establishment) Bill, 2024 -SB.583; The Nigeria Revenue Service (Establishment) BILL, 2024- SB.584; The Nigeria Tax Administration Bill, 2024-SB.585; and the Nigeria Tax Bill, 2024 – SB.586.
Despite opposition from some quarters against the bills, the Senate has passed the bills for second reading.
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