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Ndume threatens to leave APC over Tinubu’s tax reform bills

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Ndume threatens to leave APC over Tinubu’s tax reform bills
Written by Areatatafo

Ali Ndume, senator representing Borno south, has threatened
to dump the All Progressives Congress (APC) over the four tax reform bills
proposed by President Bola Tinubu.

 

Ndume spoke on Thursday night when he appeared on Politics
Today, a Channels Television programme – hours after the senate passed the
bills for second reading.

 

In October, Tinubu asked the national assembly to consider
and pass the Joint Revenue Board of Nigeria bill, the Nigeria Revenue Service,
the Nigeria Tax Administration bill, and the Nigeria tax bill.

 

The Borno senator has been vocal against the bills. The
governors in the northern part of the country are also against the
legislations.

 

While appearing on the television programme, the lawmaker
said he is “close” to Tinubu and does not want to see him fail.

 

“If not, look, I can leave the party,” Ndume said.

 

“When you say those earning N800,000 below do not pay VAT –
on what? Do you exclude him from paying VAT from the goods that he will buy in
the market? And then the corporate tax goes up.

 

“Now they transfer the cost or the taxes over to the
consumer. So, are you helping him?

 

“Even today, the price of cement goes up and that means
consumers will have to pay more. If you tax Dangote for his refined products,
it means he will add that cost to the cost per litre.

 

“So, if you are saying if you’re earning below N800,000 you
will not pay tax, what of those people that are below that level.”

 

The senate is expected to hold a public hearing on the bills
in the coming weeks.

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