By Ahmed Ahmed
Governor Bala Mohammed of Bauchi state has appealed to President Bola Tinubu to reevaluate the proposed tax reform bill,
Speaking in Bauchi prior to the State Executive Council meeting,on Wednesday in Bauchi, Mohammed acknowledged the president’s willingness to listen, urging a holistic approach to the bill.
Mohammed citing concerns that it may disproportionately affect Northern states lacking major revenue-generating companies
“The tax reform may hinder Bauchi state and other Northern states’ economic growth due to limited major companies.
“States without significant revenue-generating organizations will become “consumers or onlookers” in the federation.
“The current bill may exacerbate economic hardships in affected regions,” he said
Mohammed emphasized the need for leaders to consider the broader implications of the tax reform, ensuring equitable distribution of resources
He also encouraged State Executive Council members to focus on internal projects and programs, maximizing efforts to drive state development.
This development follows President Tinubu’s recent sponsorship of a bill aimed at streamlining tax processes, establishing a unified revenue service, and simplifying financial obligations for businesses and citizens.
