Connect with us

News

Bauchi Forum Rejects Tax Reform Bill, Urges Senate To Agitate Withdrawal

Published

on

Our Editor

Bauchi State Togetherness and Development Forum has called for the withdrawal of the tax reform bill from the national assembly.

The chairman of the forum, Abdullahi Koli declared their stance on Wednesday during a press conference held at the conference hall of the National Commission for Museum and Monument, Sir Abubakar Tafawa Balewa Tomb, Bauchi.

Koli emphasized that the briefing was directed to senators representing Bauchi State in the national assembly, namely Abdul Ningi, from Bauchi Central Senatorial District; Shehu Buba, Bauchi South Senatorial District, and Ismail Dahuwa, representing Bauchi North Senatorial District, urged them to agitate for the withdrawal of the tax reform bill in the red chamber.

He explained, “We, the Bauchi State Togetherness and Development Forum, with a sense of urgency and responsibility, convey the concerns of the good people of Bauchi State over the proposed Tax Reform Bills recently submitted to the National Assembly by the Executive Arm of Government.

“At a time when Nigerians, particularly in Bauchi State, are grappling with unparalleled economic challenges, this proposed legislation threatens to deepen the already dire conditions faced by the majority.

“We appeal to your sense of justice, equity, and representation to carefully reconsider these bills and advocate for policies that align with the needs and aspirations of your constituents.”

Relating the consequences of the tax bill to the state of the nation, the forum expressed worries that “Majority of Nigerians, including the people of Bauchi State, are enduring severe economic hardships stemming largely from the removal of oil subsidies.

“This decision has exacerbated inflation, leaving many families unable to afford basic needs such as food, healthcare, and education.

“Social mobility has been stifled, and the level of insecurity continues to rise, further endangering lives and property.”

These challenges, according to the forum, have made life extremely difficult for the average Nigerian, with youths expressing their frustrations through protests earlier this year.

“Instead of addressing these grievances, the Executive Arm responded with additional measures such as increasing the price of petrol, introducing new taxes, and raising existing charges, including electricity tariffs and electronic transfer fees,” he said.

In regards, Abdullahi Koli noted “The justification for these bills, as stated by the Presidential Fiscal Policy and Tax Reform Committee, is to maximize tax revenue and reduce dependence on oil revenue.

“However, this approach places an undue burden on an already overtaxed populace and struggling businesses. Many foreign businesses have exited Nigeria, and domestic enterprises are barely surviving.

“The appropriate step would be to minimize taxes and alleviate the suffering of the people, not to exacerbate it.”

He also believes that “Reducing dependence on oil by overburdening citizens with taxes is both unsustainable and unfair.

“A more prudent approach would be to curtail unnecessary government expenditures. For instance, the reduction of the presidential fleet, extravagant official trips, and other non-essential expenses could generate significant savings without imposing further hardship on citizens.”

The Bauchi forum also expressed concerns about the hasty passage of the tax reform bill.

“We are deeply concerned about the expedited manner in which these bills are being pushed through the legislative process.

“Experience has shown that hastily passed bills often have unpalatable consequences for Nigerians.

“For example, the 2024 Appropriation Bill, hurriedly passed, contained a staggering N3 trillion in padded expenses, which was only identified after the fact as Senator Abdul Ningi exposes this anomaly.”

Punch correspondent reported that the forum urges the senators to remain vigilant in scrutinizing the Tax Reform Bills to prevent similar occurrences.

Click to comment

Leave a Reply

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

Latest News

News20 hours ago

Lawyers Give Bauchi Accountant-General 48 Hours to Restore Salaries of Two ATAP Lecturers

From Paul Orude Bauchi Lawyers representing two lecturers of Abubakar Tatari Ali Polytechnic (ATAP), Bauchi, have given the Bauchi State...

News24 hours ago

Taraba APC Chairmanship Tussle: Federal High Court Sets October 7 for Hearing on Primary Election Challenge

By Andrew Ojih,  Jalingo. The Federal High Court sitting in Jalingo, the Taraba State capital on Wednesday again adjourned the...

News5 days ago

North East Group Hails Tinubu, MD on HYPPADEC’s Inerventions on Flood

Our Editor The North East Stakeholders Forum for Sustainable Development NESFSDhas expressed appreciation to President Bola Ahmed Tinubu and the...

News3 weeks ago

“I Know a Woman Who Built Houses From Selling Akara and Akamu in Abuja”  – Khamis Musa Darazo

From Paul Orude Bauch A prominent loyalist of President Bola Ahmed Tinubu, Khamis Musa Darazo, has praised the First Lady,...

News4 weeks ago

Governor Fintiri Mourns Adamawa Agriculture Commissioner, Prof. David Jatau

Our Editor Adamawa State Governor, Rt. Hon. Ahmadu Umaru Fintiri, has expressed deep sorrow over the death of the State...

News4 weeks ago

Arewa Youth Group Urges Tinubu to Prevent Leadership Vacuum in Nigeria Customs Service

From.Paul Orude Bauchi  The Arewa Youths Advocate for Good Governance (AYAGG) has called on President Bola Ahmed Tinubu to take...

News4 weeks ago

College of Education, Kangere Mourns Former Bauchi Deputy Governor

Umar Usman Duguri The Provost of the College of Education, Kangere,Dr Dauda Buteh. on behalf of the Governing Council, management,...

News4 weeks ago

Katagum Youth Group Urges Tinubu, APC Leadership to Review Bauchi Guber Candidature

From Paul Orude Bauchi The Katagum Youth Progressive Group (KYPG) has appealed to President Bola Ahmed Tinubu and the National...

News4 weeks ago

APC Youth Group Berates Maidoki For Defecting From APC

Our Editor A political group in Kebbi State, the Kebbi APC Youth Vanguard (KAYVA) has dismissed as unconvincing the reasons...

News4 weeks ago

APM Guber Candidate Donates N21 Million to Bara Flood Victims, Shira Windstorm Victims

From Paul Orude, Bauchi The governorship candidate of the Allied Peoples Movement (APM) in Bauchi State, Dr. Yakubu Adamu, has...

Trending