₦airaland Forum

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has denied opposing the four tax reform bills, which are currently before the National Assembly.

Mohammed Bello Shehu, Chairman, RMAFC gave the clarification in Abuja at a press conference, adding that the position paper of the commission on the reform bills sent to the National was misinterpreted by a section of the media, who reported that the RMAFC is against the bills.

According to him, “The bill for some reasons, has sparked intense debates within the last few weeks, with the contentious issue of Value Added Tax (VAT) allocation and derivation taking centre stage and we have drafted a comprehensive memorandum outlining our position, which emphasises adherence to global best practices and our stance aligns seamlessly with Mr. President’s vision for a more equitable and sustainable fiscal framework.

“The proposed tax reform bills are a significant step towards integrating untapped revenue sources, enhancing Nigeria’s revenue-to-GDP ratio, and positioning the country favourably among nations with high fiscal performance,” he said.

Shehu urged the public to disregard the reports and rely solely on official documents and statements, adding that these inaccurate statements can undermine the ongoing efforts of patriotic Nigerians who are tirelessly working to support the president in achieving his vision for the country.


Fiscal Responsibility Commission backs tax reform bills

Meanwhile, the Fiscal Responsibility Commission (FRC) has expressed strong support for the Tax Reform Bills currently before the National Assembly.

In a statement, it said the bills, which were developed by the Presidential Fiscal Policy and Tax Reforms Committee, aims to improve fiscal governance, transform public revenue architecture and boost economic growth.

The Chairman of the Commission, Victor Muruako, made this known at an interaction with academics and journalists at the sidelines of the Fellowship Lecture and Investiture Ceremony of the Capital Market Academics of Nigeria (CMAN), which was held on 9th December 2024 at the NDIC Academy.

He revealed that a critical analysis of the bills by the Fiscal Responsibility Commission has found them as not containing any issue or item that could be said to be skewed to favour any region or section of the Country.

“The bills rather create a more equitable distribution of resources amongst Nigeria’s federating states,” Mr Muruako added.

"He averred that his commission’s analyses also confirm that the proposed reforms are designed to benefit all Nigerians, particularly low-income earners and Micro Small and Medium Businesses (MSMBs).”

Frigga13:
Man got phone call .. early this morning and twist his tongue like twista so fast

He no one lose that job … country hard


That’s where it end..

But the truth is already out .


Power to the people

They keep coercing and pushing us .. just to have their interest sorted .. but at the end ..

… the people wins

ruffhandu:
Give it few months, that chairman loses his job.

ruffhandu:
Give it few months, that chairman loses his job.

ruffhandu:
Give it few months, that chairman loses his job.

LivingSage:
We appeal to the general public to bear with us, we're looking for this individual, our patient who left our vicinity where he's undergoing mental health evaluation.

We'll appreciate valuable information as regard getting him back to the hospital. Thanks

Frigga13:
Man got phone call .. early this morning and twist his tongue like twista so fast

He no one lose that job … country hard


That’s where it end..

But the truth is already out .


Power to the people

They keep coercing and pushing us .. just to have their interest sorted .. but at the end ..

… the people wins

Frigga13:
Man got phone call .. early this morning and twist his tongue like twista so fast

He no one lose that job … country hard


That’s where it end..

But the truth is already out .


Power to the people

They keep coercing and pushing us .. just to have their interest sorted .. but at the end ..

… the people wins

LivingSage:
We appeal to the general public to bear with us, we're looking for this individual, our patient who left our vicinity where he's undergoing mental health evaluation.

We'll appreciate valuable information as regard getting him back to the hospital. Thanks

Frigga13:
Man got phone call .. early this morning and twist his tongue like twista so fast

He no one lose that job … country hard


That’s where it end..

But the truth is already out .


Power to the people

They keep coercing and pushing us .. just to have their interest sorted .. but at the end ..

… the people wins

eteba:
That RMAFC chairman is an almajiri, and he's going home anytime soon.

Frigga13:
You got it bro

Nigerians are seeing through the Yoruba government of Tinubu..

But at the right time .. they will respond.

Tinubu is shameless joke

aswani:
You have done us wrong.

You let them escape, then you allowed them to have access to a phone.

Too bad.

Alliswell248:
The guy needs to be re-admitted very fast.

Fiscus105:
I biliv you heard this adage before
HOUSE DIVIDED AGAINST ITSELF

If he can't align himself into policy of govt of the day in which he himself is part of, better resign and if he doesn't, the power that be should get him out as you suggested.