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North Not Impoverished by Tax Reforms, Presidency Insists on New Bills

North Not Impoverished by Tax Reforms, Presidency Insists on New Bills

The Nigerian Presidency has assured that recent tax reform bills will not unfairly benefit northern states at the expense of southern states like Lagos and Rivers, amid claims it would enrich them. The government maintains its stance on equitable distribution of resources under the new tax laws.

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In a statement issued by the Presidency on Monday, officials assured Nigerians that tax reforms bills currently before the National Assembly will not unfairly benefit predominantly northern states at the expense of southern states like Lagos and Rivers. The government maintains that the proposed changes are designed to promote fairness and equity in taxation. According to the Presidency, the policy aims to redistribute revenue more broadly across the country.

reforms bills wont impoverish north
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