Close Menu
    What's Hot

    ADAUSD -Cardano Gains 2% on Staking, Whale Accumulation

    May 30, 2026

    Nigerian Exchange Delivers 60.90% Return in 5 Months

    May 30, 2026

    GCR Affirms Access Bank AA/A1+ With Stable Outlook

    May 30, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About Us
    Facebook X (Twitter) Instagram WhatsApp
    MarketForces AfricaMarketForces Africa
    Subscribe
    Saturday, May 30
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Kano Rejects Tax Reform Bills Before National Assembly
    News

    Kano Rejects Tax Reform Bills Before National Assembly

    Olu AnisereBy Olu AnisereDecember 2, 2024No Comments2 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Kano Rejects Tax Reform Bills Before National Assembly
    Abba Kabir Yusuf, Kano State Governor
    Share
    Facebook Twitter Pinterest Email Copy Link

    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#


    Naira Steadies as Banks Conduct FX Trading on BMatch System

    Abba Kabir Yusuf Kano State Tax Reform Bills
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Olu Anisere
    • Website
    • LinkedIn

    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.

    Related Posts

    News

    ADAUSD -Cardano Gains 2% on Staking, Whale Accumulation

    May 30, 2026
    News

    Nigerian Exchange Delivers 60.90% Return in 5 Months

    May 30, 2026
    News

    GCR Affirms Access Bank AA/A1+ With Stable Outlook

    May 30, 2026
    News

    Oil Prices Fall 9% in 5 Days as US-Iran Tensions Ease

    May 30, 2026
    News

    BNB Gains 5.9% on Binance’s 65th HODLer Airdrop Catalyst

    May 30, 2026
    News

    XRP Gains 2% on Institutional Demand, Altcoin Rotation

    May 30, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    ADAUSD -Cardano Gains 2% on Staking, Whale Accumulation

    May 30, 2026

    Nigerian Exchange Delivers 60.90% Return in 5 Months

    May 30, 2026

    GCR Affirms Access Bank AA/A1+ With Stable Outlook

    May 30, 2026

    Oil Prices Fall 9% in 5 Days as US-Iran Tensions Ease

    May 30, 2026
    Latest Posts

    ADAUSD -Cardano Gains 2% on Staking, Whale Accumulation

    May 30, 2026

    Nigerian Exchange Delivers 60.90% Return in 5 Months

    May 30, 2026

    GCR Affirms Access Bank AA/A1+ With Stable Outlook

    May 30, 2026

    Oil Prices Fall 9% in 5 Days as US-Iran Tensions Ease

    May 30, 2026

    BNB Gains 5.9% on Binance’s 65th HODLer Airdrop Catalyst

    May 30, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    ADAUSD -Cardano Gains 2% on Staking, Whale Accumulation

    May 30, 2026

    Nigerian Exchange Delivers 60.90% Return in 5 Months

    May 30, 2026

    GCR Affirms Access Bank AA/A1+ With Stable Outlook

    May 30, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.