The Speaker of the House of Representatives, Abbas Tajudeen has given an update on the controversial tax reform bills.
He said the House wil ensure the passage of the Appropriation Bill and the Tax Reform Bills.
The Deputy Speaker, Ben Kalu, while delivering a speech on the resumption of the House from the Christmas and new year recess on behalf of Abbas said both bills are pivotal to economic recovery and fiscal stability.
He said: “The legislative agenda of the House for 2025 prioritises the passage of the Appropriation Bill and the Tax Reform Bills, both of which are pivotal to economic recovery and fiscal stability.
“These reforms are essential for broadening the tax base, improving compliance and reducing dependency on external borrowing.
“The House will ensure that these reforms are equitable and considerate of the needs of all Nigerians, particularly the most vulnerable.”
Abbas said as the lawmakers engage with the budget and other legislative priorities, they must remain meticulous in their scrutiny, ensuring that every proposal aligns with national objectives and delivers tangible benefits to the citizenry.
He was of the opinion that the planned Citizens’ Town Hall on the budget would further reinforce transparency and inclusivity in our decision-making processes.
