The Chairman of the Senate Committee on Finance, Sen. Sani Musa, has assured that the Senate would produce legislation from the tax reform bills aimed at making Nigeria’s economy a trillion-dollar base.
He added that President Bola Tinubu had tasked the National Assembly with this goal and that the legislature was committed to creating a tax law acceptable across the country.
Mr Musa made the statement while speaking with journalists in Abuja on Tuesday.
He emphasised that following the recently concluded public hearing on the tax reform bills, the committee would consider all stakeholders’ input on their merits.
“We are going to give this country a piece of legislation that is workable.
“We will review everything and, after this, go on a three-day retreat for consultations with experts.
“We are also consulting with the Attorney-General of the Federation to ensure the law is constitutional and practical,” Mr Musa said.
He stressed that the focus was on creating a law acceptable to all Nigerians.
He noted that the President had envisioned a one trillion-dollar economy for Nigeria, reflecting the direction of the reform.
In related comments, Sen. Abdul Ningi of Bauchi Central supported the bills, describing them as essential for Nigeria’s development and dispelling claims of regional opposition.
He noted, “This tax reform has embraced a Nigerian dimension, not a north-south dichotomy.”
NAN
