The Senate has passed two of the four tax reform bills proposed by President Bola Tinubu.
The two bills passed are the Nigeria Revenue Service Establishment Bill and the Joint Revenue Board Establishment Bill.
These bills were passed after the senators reviewed the report of an ad hoc committee chaired by Niger East Senator Sani Musa. The committee was constituted to address controversies and disputes surrounding the proposed reforms. On Wednesday, each clause of the bills were debated and considered at the Committee of the Whole.
The Senate President, Godswill Akpabio, announced passage of the bills after a majority of the senators supported them through voice vote.
Mr Akpabio said the Senate will set up a committee to harmonise its decision on the bills wit the version passed by the House of Representatives in March. Once harmonised, the unified bills will be transmitted to President Tinubu for assent.
The senate president said the remaining two bills, the Nigeria Tax Bill 2024 and the Tax Administration Bill, would be passed on Thursday.
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