A bill seeking to include Value Added Tax (VAT) in Nigeria’s exclusive legislative list has scaled second reading in the House of Representatives.
The proposed legislation, co-sponsored by Deputy Speaker Benjamin Kalu, and six other lawmakers, aims to bring uniformity and constitutional clarity to tax administration iin Nigeria.
The co-sponsors are Chris Nkwonta, Daniel Ago, Nkemkanma Kama, Tolani Shagaya, Alex Egbona, and Joshua Gana (PDP, Niger).
If passed, it could reshape the country’s fiscal federalism and redefine how revenues are collected and shared across the three tiers of government
Leading the debate on the bill during Wednesday’s plenary, Mr Gana said the current structure of Nigeria’s fiscal system has become too confusing, inefficient, and prone to conflicts.
According to him, the proposed amendment seeks to streamline tax responsibilities and end
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