News

Northern governors condemn proposed VAT law, power outage

The Northern States Governors Forum has frowned at the content of the recent Tax Reform Bill that was forwarded to the National Assembly, saying it is against the interests of the north and other sub-nationals.

The Northern governors called on the federal legislators to oppose the proposed amendment to the distribution of Value Added Tax (VAT) to Derivation-based Model because “companies remit VAT using location of their headquarters and tax office and not where the services and goods are consumed.”

The governors made this known in a communique issued at the end of a joint meeting of the Northern States Governors’ Forum and Northern Traditional Ruler’ Council (Emirs and Chiefs) held in Kaduna on Monday, October 28, 2024.

The governors said: “The Forum unanimously rejects the proposed Tax Amendments and calls on members of National Assembly to oppose any bill that can jeopardise the well-being of our people.

“The Northern Governors’ Forum is not averse to any policies or programmes that will ensure the growth and development of the country.

“However, the Forum calls for equity and farness in the implementation of all national policies and programmes so as to ensure that no geopolitical zone is short-changed or marginalised.

“The Forum also called on the Federal Government and relevant Agencies to urgently address the current electricity power blackout affecting most of the Northern States due to vandalization of electricity transmission infrastructure.

“This matter not only underscores the vulnerability of critical infrastructure, but also the need to build additional transmission lines and diversify our energy supply so as to better connect our region and improve our energy resilience.”

The governors emphasised that traditional institutions are critical in the quest for lasting peace and security in the region, just as they also acknowledged their commitment in bridging the gap between the government and the people.

Dangote invests over $280m in CNG trucks, becomes largest operator

“Forum advocates for increased roles for the Traditional Institutions to maximize cooperation with security agencies in the fight against kidnap for ransom, banditry, cattle rustling, communal clashes, farmers/herder clashes and other forms of criminality,” they added.

The governors, however, commended the federal government and security agencies for their commitment in ensuring that northern communities are safe and secure.

According to the communique, Northern Nigeria holds immense agricultural potentials, which, if fully harnessed, can significantly alleviate hunger and boost economic growth.

The governors said: “To achieve this, we resolved to provide adequate support to our farmers, including access to financing, modern farming techniques and infrastructure such as roads and irrigation systems.

“Agriculture should not only be seen as a means to feed our people but also as a catalyst for industrialization and job creation across the region. That can be achieved through re-industrialisation of the North especially by reviving the textile value chain and development of other agro-allied industries.

“Forum commends His Excellency, the President and Commander-In-Chief of the Armed Forces of the Federal Republic of Nigeria for the reform initiative in the livestock sub-sector and agreed to provide the necessary political will and commitment to ensure the success of the Federal Government livestock development initiatives.

“Forum extended its deepest sympathies to the victims of the recent flood disasters in Maiduguri and other parts of the North, as well as to the families affected by the tragic tanker explosion in Jigawa State.

“The Forum equally commiserates with other victims of terrorism, banditry and similar criminal activities in the North and Nigeria at large and stand in solidarity with them during these difficult times.

“We agreed to continue to work with the Federal Government and relevant agencies to provide the necessary support and relief to those affected.

“On the present economic hardship affecting the country, the Forum is appealing to all citizens to remain calm, as the states and Federal Government are working hard to implement measures that will cushion effects of the hardship.”

The Star

Segun Ojo

Recent Posts

Bishop Odedeji: Jesus birth, most remarkable event in human history

The Anglican Bishop of the diocese of Lagos West The Rt. Rev James Olusola Odedeji…

2 hours ago

Christmas: Let’s be instruments of peace, Uba Sani urges Christians

Kaduna State Governor Uba Sani has felicitated Christians in the state, urging them and other…

10 hours ago

Zenith Bank, Int’l Breweries, NNPC, Others Shine at 2024 SERAS Awards

It was a night of glitz, glamour and celebration at the 18th edition of the…

23 hours ago

Tinubu felicitates Christians on Christmas, says Nigeria on path of restoration

President Bola Tinubu has felicitated Christians on Christmas celebration in the country, saying the nation…

23 hours ago

Uba Sani inaugurates 12 road projects on Xmas Eve

Governor Uba Sani has inaugurated 12 asphaltic roads  within Kaduna metropolis on Tuesday, 10 months…

24 hours ago

Court sends oil magnate to prison for diverting $26m refinery fund

A Federal High Court sitting in Abuja has remanded the Founder and Chairman of Platform…

24 hours ago

This website uses cookies.