By Alexis Uchendu
Borno State Governor Professor Babagana Umara Zulum has called for a broader stakeholder consultation on the proposed tax reform bill currently before the National Assembly, cautioning against hasty implementation without addressing key concerns.
In a statement by his Special Adviser, Dauda Iliya, Zulum emphasized the need for dialogue to dispel misconceptions and ensure the bill reflects fairness and inclusivity.
“Consultation is a cardinal principle in any democratic society.
“We must carefully review the bill, understand its nuances, and address contentious areas before implementation,” Zulum said.
Zulum raised concerns about the proposed allocation of 60% of Value Added Tax (VAT) revenue based on derivation, warning that it could disproportionately favor states like Lagos and Rivers while marginalizing others.
“The VAT provision, as currently proposed, suggests that only a few states will benefit significantly.
“This is why we must not rush the process. A fair and inclusive tax reform is essential for national development,” he stated.
Responding to speculations about his stance on President Bola Ahmed Tinubu’s administration, Zulum clarified his position: “I’m not against BAT’s administration, but we must ensure reforms are balanced to foster equitable growth across all regions.”
Zulum urged lawmakers to amend contentious aspects of the bill and focus on achieving tax reforms that promote unity, fairness, and economic progress.
