Bill to hike VAT passes second reading in Senate

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An Executive bill forwarded to the National Assembly seeking to make changes in the Nigerian tax and fiscal law scaled second reading at the upper chamber on Wednesday.

Senators however protested the non-inclusion of details of the bill, which seeks among others, raising the current Value Added Tax from five per cent to 7.5 per cent.

The President of the Senate, Ahmad Lawan, however insisted that the bill be discussed without the details made available to senators. Lawan ruled both of them out of order and maintained that the details of the bill would only be made available at the committee level.

 

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VAT is already hiked and presently implemented while there is no law before its implementation. Govt of violation of citizens right. We pay more taxes while APC takes more loans yet our roads, electricity, hospitals etc are getting worst.

Rubber stamp senate

Are they not always against the citizens? Yet they are all honourable men!

Yall said Jonathan was clueless and Sarai was a thief.... Now let's enjoys our angels in peace

whosFoolingWho?

womenvoiceNG_ Why is this Senate so anti people? Like buhari

Anything goes Senate...

Rubber stamp true true

The biggest one change senators in Nigeria history

We need faithfulness in the management of the one the the government is collecting now not increment.

Push nd start senate

Na this kind bill dey enjoy speedy passage, not the kind of bill that will make life easier for masses. Wicked people.

Worst Senate ever loading.....

Dear NGRSenate increasing VAT to generate revenue is not our issue. Our concern should be how the revenue is utilized. Let me refresh your memory, Inflation is the general continuous rise in the price of goods and services. If VAT is increased, the price of goods and services...

A rubber stamp, One-Chance Senate that would not allow its members to debate on bills before sending it for second reading, not perusing the pros and cons to the tax payers. It’s so sad 😞

Una just dey receive una sef

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