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Falana To FG: Propose Money Bill Before Implementing Increase In VAT - Politics - Nairaland

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Falana To FG: Propose Money Bill Before Implementing Increase In VAT by chisomdoris: 2:18pm On Sep 21
Human Rights Lawyer, Femi Falana, has called on the Federal Government to propose a Money Bill to the National Assembly before the implementation of the increase in Value Added Tax (VAT).

Falana told the News Agency of Nigeria(NAN) in Abuja, said that the National Assembly (NASS) erred by inviting the Minister of Finance and the Executive Chairman of Federal Inland Revenue Service (FIRS) to clarify issues of VAT increment.

According to him, provisions of the constitution states that the President ought to have presented a money bill to be passed by the NASS before the increment.

“It’s illegal, under a democratic dispensation you cannot impose tax or increase tax without a law made by the National Assembly or the State Assembly as the case may be.

“In this case, it has to be realised that we are not under a military dictatorship.

“By virtue of section 59 of the Nigerian Constitution, any increase, levy or tax will have to be presented to the National Assembly by way of money Bill by the President, it has to be passed into law.

“The Senate erred in law by inviting them to come and clarify, the National Assembly has invited the Minister of Finance and the Federal Inland Revenue Services to come and clarify.

” No, the National Assembly must insist on its powers under Section 59 to pass a law to increase VAT or any tax, there can be no taxation without a legislation.

“The Federal Executive Council has no power under the Constitution to increase VAT or any tax in the country,” Falana said.

NAN recalls that the Federal Executive Council had last Wednesday approved the increment of VAT from 5 per cent to 7.5 per cent.

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, had explained that the increase would only begin after the VAT Act was amended by the National Assembly and after consultations with the state and local government areas as well as the Nigerian populace.

According to her, our projection is to finish consultations early enough so that it takes effect in 2020.

She further disclosed that the FEC approved the Medium Term Expenditure Framework and Fiscal Strategic Paper, MTEF/FSP for 2020 to 2022, which will guide the 2020 Budget.

The Minister also said the next step was to present the document to the National Assembly for consideration.




Read more here https://thickmatch.com/falana-fg-propose-money-bill-implementing-increase-vat/

8 Likes

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by GEOANDSONS: 3:02pm On Sep 21
ewosk:
grin

Not a new occurrence
This administration have been known for subverting the existing laws of the land severally.

Exactly

Meanwhile, available are these elegant and affordable products

6 Likes

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by tolumizzy(m): 3:02pm On Sep 21
sad
Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by Sunofgod(m): 3:03pm On Sep 21
Nigeria is vile towards the poor!

9 Likes 1 Share

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by Ngwamankillyou(m): 3:03pm On Sep 21
Falani brought in this dullard, he should enjoy his next level.

18 Likes

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by coolcharm(m): 3:03pm On Sep 21
One Nigerian with sense

7 Likes 2 Shares

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by NaijaRoyalty: 3:03pm On Sep 21
Buhari and his asslickers don't listen to anybody.

Does buhari even read lipsrsealed

26 Likes 1 Share

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by jasmine1600: 3:04pm On Sep 21
Enjoy your sai baba.
Am incompetent government that feels that increasing people’s suffering by vat n tax in an economic strategy.

19 Likes 1 Share

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by ednut1(m): 3:04pm On Sep 21
Nigeria is like a c4 time bomb

4 Likes

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by ewosk: 3:04pm On Sep 21
grin

Not a new occurrence
This administration have been known for subverting the existing laws of the land severally.


Next level
Watch out for more

6 Likes

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by festacman(m): 3:05pm On Sep 21
With due respect, I want to say that Femi Falana is needlessly jumping the gun. Even the article itself made it very clear that the new VAT regime will only come into effect in 2020 after nationwide and multilayered consultations followed by amendment of the relevant laws.

So why the ALARM?

5 Likes

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by FarahAideed: 3:05pm On Sep 21
Will falana shut up and enjoy the clueless govt he brought upon us ..This between this man and Wole Soyinka I don't know who irritates me the most , two very self centred sadists

15 Likes 2 Shares

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by yoji: 3:08pm On Sep 21
Ngwamankillyou:
Falani brought in this dullard, he should enjoy his next level.
This increment will affect you more than it would affect falana. In other words falana is successful enough not to be bothered

14 Likes 1 Share

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by masseratti: 3:12pm On Sep 21
I don't understand, is that not the same thing the minister said after the FEC meeting? The vat approval at the FEC is the 1st step, then the bill will be drafted by the executive once its passes by the legislature the increments won't take effect until the president signs it into law.. I see nothing wrong in the legislatures inviting the ministers to tell them why the cat should be increased, although am against it tho.

2 Likes

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by specialmati(m): 3:15pm On Sep 21
he will soon be locked up like sowe.lawyer wey mumu no be una say buhari will be the best president. person wey no go sch ruling over people wey go sch.rubbish

4 Likes

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by Gracealone(m): 3:22pm On Sep 21
What is Falana really talking about?

I hope he is not referring to the current set of jokers who are distinguished and honourable only at awarding unjust allowances to themselves.

5 Likes 1 Share

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by Stalwert: 3:22pm On Sep 21
grin this man just like talking, the announcement clearly said they will consult with governors and present the matter to the national assembly. But Falana must form Baba over Sabi

1 Like

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by mu2sa2: 3:23pm On Sep 21
But falana seems to be talking op this time. Finance minister has said the increase will be after Vat tax law amendment.

4 Likes

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by Stalwert: 3:23pm On Sep 21
mu2sa2:
But fulani seems to be talking op this. Finance had said the increase will be after Vat tax amendment.

Falana is enjoying the lime light

1 Like

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by solmusdesigns: 3:24pm On Sep 21
grin

mumu talk


Many people thought Buhari is trying to increase VAT because of himself or FG, but the truth is only 14% of VAT goes to FG while 86% goes to state government and their anex LGA

Its obvious that the state Government beged for the increase in VAT so as to be able to Pay the new minimum wage and salary structure review

Its the State and Local Government workers i pity, should Money bill not scale through some Governors would simply pay political apointees salary and do constructions to steal for themselves and completely forget about workers salary since Federal Allocation cant cover wage bill



...

5 Likes 1 Share

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by Kingspin(m): 3:24pm On Sep 21
According to Falana, provisions of the constitution states that the President ought to have presented a money bill to be passed by the NASS before the increment.

Does it mean we have 3 idiots governing Nigeria state the executive, judiciary and lawmakers are this mumu?

3 Likes 1 Share

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by Stalwert: 3:25pm On Sep 21
Ngwamankillyou:
Falani brought in this dullard, he should enjoy his next level.


This one will call another human dullard but cannot figure out simple electoral process. Enjoy your blissful ignorance.

1 Like

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by MobilityExpress: 3:28pm On Sep 21
Same way the cashless policy by the CBN is 100% illegal. Too many illegalities being paraded by a very insensitive disorganized government. I guess the Next Level plan is to change the country from the Federal Republic of Nigeria to the Banana Republic of Nigeria.

4 Likes 1 Share

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by Kendumazy(m): 3:35pm On Sep 21
Ok
Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by MobilityExpress: 3:39pm On Sep 21
Kingspin:
According to Falana, provisions of the constitution states that the President ought to have presented a money bill to be passed by the NASS before the increment.

Does it mean we have 3 idiots governing Nigeria state the executive, judiciary and lawmakers are this mumu?

Yes, you're right, we have 3 idiots governing Nigeria and they are super mumu. They are only smart when it comes to stealing billions from our national cake.

2 Likes 1 Share

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by easyfem(m): 3:42pm On Sep 21
Instead of diz man to tell youth to enter street with fighting spirit .... All diz calculation won't help ... ALL WE NEED IS REVOLUTION coz we av so much confusion

4 Likes

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by seguno2: 3:42pm On Sep 21
Sunofgod:
Nigeria is vile towards the poor!

Just as the poor are vile towards their country and leave the politicians to do whatever they want

2 Likes 1 Share

Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by princeking2(m): 3:57pm On Sep 21
This APC Governance is always outside the Law.

Why can't they for once act accordingly.

Even if they are Satanic in nature, a little order could have made them look right.

Very stupid set of individuals.
Re: Falana To FG: Propose Money Bill Before Implementing Increase In VAT by dilodavid(m): 4:02pm On Sep 21
easyfem:
Instead of diz man to tell youth to enter street with fighting spirit .... All diz calculation won't help ... ALL WE NEED IS REVOLUTION coz we av so much confusion
Na internet you dey get mouth

2 Likes 2 Shares

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