The Kano State House of Assembly, has in a significant moves against President Tinubu Tax Reforms Bill rejected it in it’s totality as something they worried would plunge Kano and Northern Region into poverty.
At plenary of the House on Monday, presided by the Speaker, Rt. Hon. Ismail Falgore, the lawmakers rejected the bills following deliberations on the floor.
The Majority Leader of the House, Lawan Husseini, who represents Dala State constituency, in a motion of ‘urgent public importance,’ presented the need for northern lawmakers as well as the Conference of Speakers not to allow the bills to see the light of the day.
According to him, when passed into law, the bills will not be in favour of the people in the north, saying the decision of the Senate to pass the bills is totally condemnable.
“We view it as a calculated plan to sabotage the economy and even increase the hardship and impoverish the region in general.
The pattern or arrangement in that law to allocate VAT is worrisome because some states will suffer and states like Lagos would take major share of that collection because most of the major headquarters of the Nigerian banks, telecommunications companies, Dangote and Bua companies, as well as other multinational company headquarters are situated in Lagos. So, the 80 percent of the VAT collected in Nigeria will be to Lagos and its environs whereas some other states in Northern Nigeria will take a minimal share.”
Hon. Husseini however noted that, this will further weaken some states in the region, explaining that some of them may not be able to pay salaries, leading to an increase in hardship and poverty.
