The presidency has refuted claims that some sections of the Tax Reform Bills are targeted at impoverishing the northern region of the country.
President Bola Tinubu sent the bills to the National Assembly some weeks back but that has been greeted with controversy.
Some sections of persons claim the bills are against the northern region and aimed at impoverishing it.
However, presidential spokesman Bayo Onanuga says such claims are misleading.
“The tax reform bills will not make Lagos or Rivers more affluent and other parts of the country, as recklessly canvassed, poorer,” Onanuga said in a Monday statement.
“The bills will not destroy the economy of any section of the country. Instead, they aim to enhance the quality of life for Nigerians, especially the disadvantaged, who are trying to make a living.”
According to him, contrary to speculations, no part of the bills is targeted at scrapping some agencies.
“Contrary to the lies being peddled, the bills do not suggest that NASENI, TETFUND, and NITDA will cease to exist in 2029 after the passage of the bills.”
Government agencies, such as NASENI, TETFUND, and NITDA, are funded through budgetary provisions with company income tax and other taxes paid by the same businesses that are being overburdened with the special taxes,” he said.
