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Tax reform bills set for public hearing soon – senate

FIRS Chairman, Zacch Adedeji said all grey areas in the tax reform bills have been resolved, with no further meetings required.  The senate has signaled progress on the tax reform bills, with public hearings set to be held soon, paving the way for their passage at third reading. Chairman of the senate ad-hoc committee on tax reforms, Sen. Abba Moro (PDP, Benue south) confirmed this on Monday while speaking to journalists after a two-hour closed-door...

Tremors of tax bills and blackout blues | SENATE GIST TODAY

Today, the senate addressed the country’s frequent grid collapses, electricity blackouts, and other issues centred around tax bills. BLACKOUT: Senate slams GenCos, TCN, and DisCos over grid collapse The Senate has strongly criticised power sector operators, including Generation Companies (GenCos), the Transmission Company of Nigeria (TCN), and Distribution Companies (DisCos), for failing to deliver reliable electricity, asserting that they have added no significant value to the sector. The Senate described the privatization of the power...

‘Senate cannot be bullied, tax bills are alive’ – Bamidele

“We don’t take orders from anyone or any office, no matter how highly placed. We cannot be bullied into taking certain procedures as far as we are concerned.” The senate has refuted media reports claiming it has suspended or withdrawn deliberations on the tax reform bills, clarifying that it merely set up a committee to engage with the Attorney-General of the Federation (AGF), Lateef Fagbemi, to address contentious provisions in the bills. This followed a...

Tax Bills: Senate removes Monguno from review committee

The change, implemented during Thursday’s plenary, came just 24 hours after the committee’s formation.  The senate has revised the membership of the 10-man committee established on Wednesday to liaise with the presidency on contentious aspects of the tax reform bills and removed the chief whip, Sen. Tahir Monguno (APC, Borno north) from the committee. The change, implemented during Thursday’s plenary, came just 24 hours after the committee’s formation. The leader of the senate, Opeyemi Bamidele...

Pause on tax bills as minister faces probe | SENATE GIST TODAY

Today, the senate summoned the minister of aviation and aerospace, Festus Keyamo, to address incessant flight delays and cancellations. It also set up a review panel to address contentious issues in the tax reform bills. Tax bills: Senate opts for further consultations The senate has instructed its finance committee to halt further action on the proposed tax reform bills pending the outcome of a high-level meeting with the Attorney General of the Federation (AGF). Announcing...

Tax bills: Senate asks finance committee to stay action, names review panel

The finance committee is asked to stay action to allow a review panel harmonise divergent positions, ensuring the contentious tax bill align with national priorities The senate has instructed its finance committee to halt further action on the proposed tax reform bills pending the outcome of a high-level meeting with the Attorney General of the Federation (AGF). Announcing the decision during today’s plenary, Deputy President of the Senate, Barau Jibrin revealed that a special committee...

Tax bills, Wayas tributes and Tinubu’s nominees | SENATE GIST TODAY

Tinubu’s four tax reform bills all passed a second reading on the floor of the Senate at today’s plenary. Senators also held a valedictory session in honour of late senate president. Tinubu seeks senate confirmation of nominees  President Bola Tinubu has requested the Senate to confirm the appointment of DIG Buba Ringim (rtd.), Hon. Justice Adamu Paul Galumje JSC (rtd.) and Christine Ladi Dabup, Abdulfatah Muhammed as members of the Police Service Commission. This is...

Tax reform bills scale second reading in senate

All senators present at plenary except Sen. Ali Ndume who kicked against the tax reform proposals on the grounds of timing and lack of wider consultations. The senate has passed the second reading of four contentious tax reform bills. The resolution of the senate was sequel to presentation of the lead debate on the general principles of the bills by the Leader of the Senate, Opeyemi Bamidele (APC, Ekiti Central) during Thursday’s plenary. Prior to...

Tax reforms, drug abuse indictment, and ill-treatment of super eagles | SENATE GIST TODAY 

The senate addressed very important issues in the country today including drug abuse, the ill-treatment of super eagles in Libya, amongst others.  Senate condemns ill-treatment of super eagles in Libya. Following the inhumane treatment the Libya government subjected the super eagles to upon their arrival for the 2025 Africa Cup of Nations qualifier, the senate has called on the government of the country to as a matter of urgency, apologise to Nigeria. The senate also...

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