Senate Stops Action On Controversial Tax Bill, Sets Meeting To Resolve Contentious Issues

Posted by Thandiubani on Wed 04th Dec, 2024 - tori.ng

The contentious areas have sparked debates among stakeholders in the last couple of days.

 
The Senate leadership has ordered the suspension of further action on the controversial tax reform bills.
 
It directed its Committee on Finance to suspend further action 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.
 
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:
 
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