December 18, 2024
Senate Suspends Action on Tax Bill Pending Meeting with AGF
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Senate Suspends Action on Tax Bill Pending Meeting with AGF

Senate Suspends Action on Tax Bill Pending Meeting with AGF

The leadership of the Senate has directed its Committee on Finance to suspend further action on the proposed tax bill until after a high-level meeting with the Attorney General of the Federation (AGF) on Thursday, December 5.

Deputy Senate President, Sen. Barau Jibrin, made the announcement during today’s plenary, revealing that a special committee has been formed to address contentious issues in the bill. The decision follows a series of deliberations among lawmakers aimed at resolving disagreements over key provisions.

Also Read: Senate Approves Tinubu’s $2.2 Billion Loan Request, Pushing Debt to N136 Trillion

Stakeholders have raised concerns over several areas in the bill, leading to heated debates in recent days. To further address these issues, the Senate leadership announced plans to convene a special meeting chaired by the Minority Leader to harmonise positions and ensure the bill aligns with national priorities.

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