By Abigail Philip David
The House of Representatives has announced its intention to consult tax experts on the potential impact of the Tax Reform Bills currently under consideration in the National Assembly. The deputy spokesman of the House, Mr. Philip Agbese, revealed this in an exclusive interview on Wednesday in Abuja.
Recently, President Bola Tinubu and the Federal Executive Council introduced four executive bills aimed at simplifying Nigeria’s tax processes, establishing a unified revenue service, and easing financial obligations for both businesses and citizens. The bills are the result of a comprehensive review of existing tax laws conducted by a committee led by Taiwo Oyedele, which was formed in August 2023. Following the committee’s review, its recommendations were consolidated into four executive bills submitted to the National Assembly in September 2024.
However, the 36 state governors have called for the withdrawal of these bills to allow for broader consultations, with 19 governors previously rejecting the bills over concerns that they could disadvantage Northern states and state governments in general. Despite the governors’ concerns, the Presidency has urged Parliament to proceed with reviewing the bills, leaving open the possibility of adjustments by federal lawmakers.
In an interview on Monday, Agbese emphasized the House’s commitment to engaging the public on the matter through Town Hall meetings. “Where necessary, we will bring in experts to analyze the bills in detail and gather public input. These executive bills will be presented to citizens for their views,” Agbese said. “Under Speaker Tajudeen Abass’s leadership, we are dedicated to maintaining our reputation as the People’s House.”
House Minority Leader Kingsley Chinda also commented on the caucus’s initial review of the bills, which began before the governors’ stance was made public. In a phone interview, Chinda, a Peoples Democratic Party lawmaker, explained that the caucus had already formed a team, led by Deputy Chairman of the House Committee on Appropriation Mr. Iduma Igariwey, to draft a position paper for discussion before the second reading.
Chinda assured that the minority caucus’s position would prioritize national interests. “Our caucus is committed to a stance that benefits Nigeria and its citizens. While we support tax contributions, we oppose excessive taxation, as it risks deepening poverty rather than fostering economic growth. Instead, we advocate for reducing public sector overhead costs and improving welfare for the lower class to address income disparities,” he added.
