Tax Reform Bills: Only Lagos, Rivers States Will Benefit–Governor Zulum

Borno State Governor, Professor Babagana Zulum, has once again kicked against the controversial tax reform bills introduced by the Bola Tinubu-led administration.

In his latest reaction, Zulum argued that only states like Lagos and Rivers will benefit from the bill.

He stated this while speaking on Channels Television last night, Sunday, December 1.

“On this tax issue, there are a lot of misconceptions. We felt that the VAT provision in the tax law. Based on the calculations that we did, only Lagos and Rivers States will benefit from this scheme. We did our own research and conclude that we would lose.

“Why are we in a rush? We advised the Federal Government to take a pause, and expunge some of the clauses that are inimical to not only Northern Nigeria.

“What we are saying is that give more time, let us do a deeper consultation to understand the nitty-gritty of this tax regime before passing it into law,” he said.

Zulum explained that if the bill scales through the National Assembly, states would be shortchanged as only Lagos State would be the main beneficiary of the policy.  The governor mentioned that before the 2023 general election, he was one of the few governors who insisted that power must be rotated to the south. He argued that Northern Nigeria cannot be against Tinubu as over 60 per cent of his votes in the 2023 general elections came from the region.

He said that some people were passing a negative narrative that the north is against Tinubu’s government.

“I am a strong member of APC. If you can count two governors before 2019 and 2023 that were in support of Tinubu, you can mention Governor Zulum. I was the first governor to come out publicly and say that power must go to the South. Unfortunately, the President was told by many that the North are against him. 60.2 per cent of his votes came from the North,” he added.