Northern group hails tinubu over tax reform bill

President Bola Tinubu has received praise from the Northern Governors Forum and the Progressive Governors Forum for his proposed tax reform bills. The bills, which include a shift to a derivation-based VAT model, have been endorsed by the Nigeria Governors' Forum. Tinubu lauded the governors for their "bold leadership and commitment to fostering unity among leaders nationwide".

However, not everyone is pleased with the proposed reforms. Senator Ali Ndume has rejected the 30% VAT sharing formula, calling it "too high." He suggests that the derivation should be 10% or 13%, citing the 13% derivation for oil-producing states as a precedent.

The tax reform bills have sparked a lively debate, with some arguing that they will promote national interests and improve the competitiveness of Nigeria's economy, while others see them as unfair and potentially harmful to certain regions.