Governors Soften Stance on Tax Reform

Strong indications have emerged that governors are beginning to ease their initial opposition to the controversial Tax Reform Bills submitted to the National Assembly by President Bola Tinubu.

Nasarawa State Governor Abdullahi Sule revealed during a town hall discussion broadcast on Channels Television that the governors’ stance might have been different had they been informed earlier about the proposed 60% Value Added Tax (VAT) distribution model for better equity.

“If Mr. Taiwo Oyedele had informed the governors that a new model of 60% VAT distribution for better equity is part of the reform, there wouldn’t have been much disagreement from the onset. This Town Hall conversation was what the Governors’ Forum requested before proceeding with the bill’s consideration,” Gov Sule said.