SENATE SUSPENDS TAX BILL, PLANS MEETING ON CONTENTIOUS ISSUES

December 4, 2024December 4, 2024

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The Senate leadership has directed its Committee on Finance to suspend further action on the proposed tax bill pending the outcome of a high-level meeting with the Attorney General of the Federation (AGF).

The Deputy senate president, Sen. BARAU Jibrin who made the announcement today during plenary disclosed that a special committee has been constituted to address contentious issues in the bill, with the meeting scheduled for tomorrow, Thursday, Dec 5th.

The decision follows a series of deliberations by lawmakers aimed at resolving disagreements over key provisions in the proposed legislation. The contentious areas have sparked debates among stakeholders in the last couple of days.

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In addition, the Senate leadership announced plans to convene a special meeting to be held at the National Assembly and chaired by the Minority Leader to address all areas of disagreement. The meeting is expected to serve as a platform for lawmakers to harmonize their positions and ensure that the bill aligns with national priorities while addressing stakeholder concerns.

Members of the special committee include:
Abba Moro chairman

Tahir Monguno

Aliero Adamu

Kalu orji

Dickson seriake

Zam titus

Yahaya abdullahi

Adeola solomon

Sani musa

Abiru mukhail, as well as the Entire leadership of the senate