Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares

    October 23, 2026

    XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.

    October 23, 2026

    UK’s Dividend Tax is Fatally Flawed, Budget Could Drag Investors Back to the 1970s

    October 23, 2026
    Facebook X (Twitter) Instagram
    Trending
    • FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares
    • XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.
    • UK’s Dividend Tax is Fatally Flawed, Budget Could Drag Investors Back to the 1970s
    • Dangote, FirstHoldCo Halt NGX Downtrend, Investors Gain N1.47trn
    • CBN Grants JPMorgan Licence to Operate Merchant Bank in Nigeria
    • Oil Prices Jump on Heightened Supply Risk, Brent Tops $114
    • XRP Selloff Slows as Ripple Supports SEC Crypto Asset Framework
    • Global Equities Markets Tank on AI Sustainability, Financing Fears
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Saturday, October 24
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    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
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp 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
    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.

    Keep Reading

    FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares

    XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.

    UK’s Dividend Tax is Fatally Flawed, Budget Could Drag Investors Back to the 1970s

    Dangote, FirstHoldCo Halt NGX Downtrend, Investors Gain N1.47trn

    CBN Grants JPMorgan Licence to Operate Merchant Bank in Nigeria

    Oil Prices Jump on Heightened Supply Risk, Brent Tops $114

    Add A Comment

    Comments are closed.

    Editors Picks

    FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares

    October 23, 2026

    XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.

    October 23, 2026

    UK’s Dividend Tax is Fatally Flawed, Budget Could Drag Investors Back to the 1970s

    October 23, 2026

    Dangote, FirstHoldCo Halt NGX Downtrend, Investors Gain N1.47trn

    October 23, 2026

    CBN Grants JPMorgan Licence to Operate Merchant Bank in Nigeria

    October 23, 2026
    Latest Posts

    FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares

    October 23, 2026

    XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.

    October 23, 2026

    UK’s Dividend Tax is Fatally Flawed, Budget Could Drag Investors Back to the 1970s

    October 23, 2026

    Dangote, FirstHoldCo Halt NGX Downtrend, Investors Gain N1.47trn

    October 23, 2026

    CBN Grants JPMorgan Licence to Operate Merchant Bank in Nigeria

    October 23, 2026

    Subscribe to News

    Get latest news from MarketForces Africa...

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

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