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    MarketForces Africa » MarketForces News » Kano Rejects Tax Reform Bills Before National Assembly

    Kano Rejects Tax Reform Bills Before National Assembly

    Olu AnisereBy Olu AnisereDecember 2, 2024 News No Comments2 Mins Read
    Kano Rejects Tax Reform Bills Before National Assembly
    Abba Kabir Yusuf, Kano State Governor
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    Kano Rejects Tax Reform Bills Before National Assembly

    The Kano State House of Assembly on Monday rejected the Tax Reform bills currently under consideration at the National Assembly.

    At a plenary, presided over by the Speaker, Isma’il Falgore, the lawmakers kicked against the bills after extensive deliberation.

    The Majority Leader, Lawan Husseini (ANPP-Dala) introduced a motion of ‘urgent public importance,’ emphasising the need for northern lawmakers and the Conference of Speakers to prevent the passage of the bills.

    Husseini argued that if passed into law, the bills would not benefit the Northern States.

    He condemned the Senate’s decision to approve the bills, saying, “We view it as a deliberate effort to sabotage the economy, increase hardship and further impoverishing the region.”

    Husseini expressed concern over the proposed VAT allocation system, noting that states like Lagos, where major corporations such as Nigerian banks, telecommunications companies, and multinational companies were headquartered, would receive the largest share of the VAT.

     “Lagos and its environs would account for 80 percent of the VAT collected in Nigeria, leaving northern states with a minimal share,” he said.

    He warned that if allowed to scale through, the bill would further weaken northern states, potentially rendering some unable to pay salaries and worsening poverty and hardship.

    Supporting the motion, Salisu Mohammed (APC-Doguwa) urged the upper legislative house to focus on more pressing national issues, such as attention insecurity and unemployment, instead of rushing the tax reform bills through the legislative process.

    Similarly, Murtala Kadage (ANPP-Garko) called for unity among lawmakers to prevent the bills from passing, for the benefit of the region.

    The house called on northern members of the Senate and House of Representatives, along with the Conference of Speakers, to take a swift and decisive action to block the passage of the bills. #Kano Rejects Tax Reform Bills Before National Assembly#


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    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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