NOA GATHERS SUPPORT FOR TAX REFORM BILLS IN GOMBE

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Gombe stakeholders were made aware of the benefits of tax reforms by the National Orientation Agency on Thursday.

Speaking at a campaign to raise awareness of World AIDS Day, security awareness, tax reform bills, and the dangers of get-rich-quick syndrome, NOA Director-General Lanre Issa-Onilu urged coordinated efforts to create a Nigeria that is safe, secure, and moral.

Issa-Onilu, who was represented by the Director of Planning Research and Statistics, Yusuf Kobi, explained that taxation is essential for funding national development, “but we recognise that it has been a source of concern for many Nigerians due to issues like multiple taxation and its impact on low-income earners. To address these challenges, the government is implementing reforms to make the system fairer and less burdensome for citizens,” he said.

During her presentation on tax reform proposals, Issa-Onilu revealed that there are four bills that aim to consolidate all aspects of taxation and tax administration in Nigeria into four distinct pieces of law.

“For instance, Nigeria’s Tax Bill is where all major taxes imposed on individuals and companies are clearly stated as well as the rates. This bill is just like a compendium of taxes charged in Nigeria.

“The Nigeria Tax Bill basically amalgamated all the existing laws in which provisions for taxation were made. When passed, this bill will lead to the repeal of 11 laws that contain provisions on the imposition and collection of taxes.

“The government is working to stop different levels of authority from taxing people for the same thing.