Democracy Newsline NewspaperDemocracy Newsline Newspaper
  • Home
  • Politics
    Politics
    Show More
    Top News
    In Rivers, Asíwájú Tinubu harps on unity, non-violence
    3 years ago
    Kogi Guber: Olayinka Braimoh Popularity Soars Ahead of other candidates  
    3 years ago
    Labour Party Dismisses Report of Arrest of National Chairman
    2 years ago
    Latest News
    GROUP DONATES BILLBOARD FOR SENATOR KARIMI OVER HIS OUTSTANDING PERFORMANCES
    22 hours ago
    Former Jigawa Governor Sule Lamido Set to Pick PDP National Chairman Nomination Form Today.
    23 hours ago
    ODODO VANGUARD LAUNCHES “RENEWED HOPE CONTINUITY MILLION MARCH IN KOGI”
    4 weeks ago
    LG Election: Ebonyi Journalist Declares Interest for Ishielu Chairmanship Poll
    1 month ago
  • Technology
    TechnologyShow More
    Key Takeaways from the Kogi Dialogue Marking Governor Ododo’s First Year in Office
    9 months ago
    Bala Wunti in the News Again
    9 months ago
    Dangote Refinery Slashes Ex-Depot Petrol Price to N890 Per Litre
    9 months ago
    Ajaokuta LNG Plants Will Position Kogi as a Key Player in Nigeria’s Energy Sector – Governor Ododo
    9 months ago
    Ughievwen Monarch Commends Tinubu for Approval of New 10,000 bpd Refinery in Imode
    9 months ago
Reading: Arewa Youths Laud Nigerian Senate Over Passage of Tax Reforms Bill for Second Reading
Share
Notification Show More
Latest News
KOGI STATE MINISTRY OF LIVESTOCK DEVELOPMENT LAUNCHES NATIONAL ANIMAL IDENTIFICATION AND TRACEABILITY SYSTEM (NAITS), UNVEILS PLANS FOR CATTLE ROUTE MEGA GATE AND 10-HECTARE RANCH
News
Former Kabba/Bunu Chairman, Moses Olorunleke, Extends Birthday Greetings to Hon. Femi Omoga Owoniyi
News
Democracy Newsline Newspaper Extends Warm Wishes to Uncle Justin Bello on 60th Birthday
News
Democracy Newsline Newspaper Extends Birthday Wishes to Chief Femi Owoniyi Omoga
News
Veteran, Justin Bello Celebrates Six Decades of Life
News
Aa
Democracy Newsline NewspaperDemocracy Newsline Newspaper
Aa
  • Economics
  • Politics
  • Business
  • Science
  • Technology
  • Home
  • Politics
  • Technology
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 Democracy Newsline All Rights Reserved.
Democracy Newsline Newspaper > News > Economics > Arewa Youths Laud Nigerian Senate Over Passage of Tax Reforms Bill for Second Reading
EconomicsNews

Arewa Youths Laud Nigerian Senate Over Passage of Tax Reforms Bill for Second Reading

Democracy Newsline
Last updated: 2024/11/29 at 10:44 AM
Democracy Newsline 11 months ago
Share
SHARE

Arewa Youths Laud Nigerian Senate Over Passage of Tax Reforms Bill for Second Reading

The Arewa Grassroots Network (AGN) has commended the Senate for passing the Tax Reforms Bills for second reading.

The group said this landmark achievement demonstrates the Senate’s commitment to promoting economic growth, fairness, and transparency in Nigeria’s tax system.

In a statement signed by its President, Danladi Usman, the Arewa group commended President Bola Tinubu for initiating these crucial reforms, which it believes will positively impact the nation’s economy.

Usman noted that the passage of these bills demonstrates the President’s dedication to creating a more equitable and prosperous Nigeria for all citizens.

The Tax Reforms Bills, comprising the Nigeria Tax Bill 2024, Tax Administration Bill, Nigeria Revenue Service Establishment Bill, and Joint Revenue Board Establishment Bill, aim to provide a comprehensive framework for taxation in Nigeria.

These bills will enhance revenue generation and promote transparency, accountability, and fairness in the tax system.

The Arewa Grassroots Network expressed delight that these reforms will particularly benefit poor northern states which have been historically disadvantaged in the country’s tax revenue allocation.

“The new tax regime will ensure that our states receive a fair share of the tax revenue, enabling them to fund critical development projects and improve the lives of their citizens,” Usman added.

“For too long, the northern states have been marginalized in the allocation of tax revenue, leading to a lack of investment in critical infrastructure and social services.

“The passage of these bills marks a significant turning point in the history of Nigeria, as it signals a commitment to addressing the economic imbalances that have hindered the growth and development of the northern region.

“We urge the Senate to expedite the passage of these bills into law, ensuring that Nigeria’s tax system is modernized and aligned with international best practices.

“We also call on the National Assembly to work closely with stakeholders, including state governments, civil society organizations, and the private sector, to ensure a smooth implementation of the tax reforms.

“Once again, we commend the Nigerian Senate for taking this bold step towards reforming the country’s tax system. We look forward to the successful passage of these bills into law and the positive impact they will have on Nigeria’s economy and citizens.”

You Might Also Like

KOGI STATE MINISTRY OF LIVESTOCK DEVELOPMENT LAUNCHES NATIONAL ANIMAL IDENTIFICATION AND TRACEABILITY SYSTEM (NAITS), UNVEILS PLANS FOR CATTLE ROUTE MEGA GATE AND 10-HECTARE RANCH

Former Kabba/Bunu Chairman, Moses Olorunleke, Extends Birthday Greetings to Hon. Femi Omoga Owoniyi

Democracy Newsline Newspaper Extends Warm Wishes to Uncle Justin Bello on 60th Birthday

Democracy Newsline Newspaper Extends Birthday Wishes to Chief Femi Owoniyi Omoga

Veteran, Justin Bello Celebrates Six Decades of Life

Democracy Newsline November 29, 2024
Share this Article
Facebook Twitter Whatsapp Whatsapp Telegram Email
Previous Article Nigeria’s Northern Insecurity: A Deep-Rooted Challenge.
Next Article Kogi Govt harps on Youths Development for better future
Leave a comment

Leave a Reply Cancel reply

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

about us

We influence 20 million users and is the number one business and technology news network on the planet.

  • Advertise

Find Us on Socials

© Foxiz News Network. Ruby Design Company. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?