SENATE TAX REFORM DELAY



The Senate has instructed the Finance Committee to cease all legislative activities concerning the proposed tax reform bills, pending further discussions. This decision (although it may seem abrupt) follows extensive deliberations within the Senate about the contentious elements of the reforms. During Wednesday's plenary session, Deputy Senate President Barau Jibrin revealed that a meeting with the Attorney General of the Federation is scheduled for Thursday to address and resolve these issues.


Additionally, a special committee has been formed to oversee the matter, chaired by the Minority Leader, Senator Abba Moro. The Finance Committee will wait for the outcome of the meeting with the Attorney General before proceeding with any legislative actions on the tax reform bills. However, this delay raises questions about the timeline for implementing the necessary reforms.

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