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Tax Reform Bill Will Be Passed

The Federal Inland Revenue Service (FIRS) Chairman, Zacch Adedeji, has said he is confident that the National Assembly would pass the Tax Reform Bill.

Henzodaily reports that Adedeji said the bill would help Nigeria’s economy when operational and drive states’ economic growth.

He stated this on Monday while speaking with journalists after the federal government delegation on the tax reforms led by the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, held a closed-door meeting with members of the Senate ad hoc committee on the tax reforms at the National Assembly.

Adedeji explained that all grey areas were identified and discussed during the meeting.

“All those things you call grey areas were discussed, identified, and it’s just for us to continue the engagement.

“The consultation which was based on your observation has been positive. So we are in the right direction and everything is going as planned,” he said.

The FIRS Chairman also disclosed that Monday’s meeting was the last between the special delegation of the Executive and the National Assembly on the bill.

“There won’t be any further meeting because all issues were identified, all the issues were clarified and then the resolutions were made to the best knowledge of everybody there and then for the betterment of the country,” he stated.

Speaking on the chances of the Tax Reform Bill being passed following criticism from some governors and regional stakeholders, he stated that it would be passed.

“I am confident because this is what is best for the country. So it’s not only me, even the senators that brought us together, if they don’t see the positive part of it we will not be here.

“This is the first working day of the year and we are here because we all know this is what is needed, which is the consensus that all of us have said and then if I could hear Mr. President that we know we have to make the change.

“What we are doing now is just to make that change better for the greater number of people,” he added.

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