The Senator representing Borno South Senatorial District, Senator Ali Ndume, yesterday faulted the rapid passage of the Tax Reform Bill for second by his colleagues in the Senate.
Ndume had on Wednesday objected to the reading of the Bill on the floor of the Senate as he raised concerns over derivation and the Value Added Tax (VAT), stressing that the two items are “Not something that many of us will agree to.”
Featuring on Channels Television’s Politics Today, the Senator questioned the urgency of the tax reform bill passage, noting that it took the National Assembly 10 years to pass the Petroleum Industry Bill (PIB), a crucial piece of legislation at the time, whereas the tax reform bill is being fast-tracked.
