Tax Reform: Zulum backs Tinubu, urges broader consultation

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Tax Reform: Zulum backs Tinubu, urges broader consultation

Borno State Governor, Professor Babagana Zulum, has emphasized the need for wider consultation on the proposed tax reform bill being discussed in the National Assembly, stating that he is not opposed to President Bola Ahmed Tinubu.

In an appearance on Channels Television’s Sunday Politics, Governor Zulum highlighted the significance of engaging relevant stakeholders to clarify concerns and misconceptions about the proposed bills.

In a statement issued on Monday by his Special Adviser on Media, Dauda Iliya, Governor Babagana Zulum stressed that “consultation is a cardinal principle in any democratic society.”

He emphasized the importance of taking the necessary time to fully understand the details of the proposed tax reform bill and address any contentious issues before moving forward with its implementation.

Governor Zulum expressed particular concern over the provision that allocates 60% of Value Added Tax (VAT) revenue based on derivation. He warned that this policy could disproportionately benefit states like Lagos and Rivers, leaving other states at a disadvantage.

“The VAT provision, as currently proposed, suggests that only a few states will benefit significantly,” Zulum stated. “We should not rush the process. The goal is to ensure fairness and inclusivity in our tax reforms.”

He also called for amendments to any aspects of the bill that could hinder national growth and development, urging a balanced approach.

Governor Zulum rejected insinuations that he is opposed to President Bola Ahmed Tinubu’s administration. He clarified that his comments were aimed at advocating for a more inclusive approach to the proposed bill.

“There is a misconception that the North is against the President,” Zulum said. “This is far from the truth. The North contributed 60.2% of his votes, demonstrating our support. My appeal to the President is to consider the challenges faced by some states and work toward solutions that benefit the entire country.”

Regarding agricultural development, Governor Zulum highlighted his administration’s efforts to boost food production through modern irrigation farming, particularly in areas like Damasak, Baga, and other parts of Borno State.

“By the end of my tenure, Borno will be a net exporter of crops such as rice, wheat, sorghum, and maize,” he declared.

This progress, he noted, was made possible through government support and collaboration with the military, which helped achieve a bumper harvest this year. He also acknowledged the Federal Government’s provision of inputs and fertilizers, which further supported agricultural activities.

Governor Zulum expressed gratitude to the military, the Civilian Joint Task Force (JTF), hunters, vigilantes, and the resilient people of Borno State for their efforts in restoring peace.

“Insurgency in Borno has reduced by about 90%,” he stated. “This achievement is a testament to the dedication and gallantry of our security forces and the unwavering spirit of our citizens.”

Proofreading by Uchechi Ojo, Sub-editor at NeptunePrime.

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