The House of Representatives will begin a debate on the four tax reform bills initiated by President Bola Tinubu in the coming days.
The House’s Deputy Spokesman, Philip Agbese, disclosed this to journalists on Saturday in Abuja.
He said the lawmakers had taken time to read through the bills.
The legislations – Nigeria Tax Bill 2024, Tax Administration Bill, Nigeria Revenue Service Establishment Bill, and Joint Revenue Board Establishment Bill seek to provide a fiscal framework for all taxes in the country and reduce disputes in tax administration.
Agbese said Nigerians would remain grateful to the Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacchaeus Adedeji, for the reforms.
He explained that the bills seek to stimulate the country’s fiscal policy.
The spokesman said: “Nigerians will appreciate very soon because when these bills are passed and the Federal Government has more money to spend, critical infrastructure will be developed, jobs will be created and, to a great extent, poverty will be reduced.
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“We hope to debate these bills on Tuesday and we expect robust deliberations that will ultimately lead to the passage of the bills.
“Most of our colleagues have read the bills and as a result, they are now shifting grounds. Those initially opposed to the bills are now advocating for their speedy consideration and passage.
“When we converge next week, more supporters will have been won over, but I want to add that this is not only about lawmakers.
“These bills are about Nigerians, from the top company executive to the farmer in a rural village. I say this because public policy affects everyone.”
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