A bill for the alteration of the 1999 Constitution, to address multiplicity of taxes in Nigeria has scaled second reading at the house of representatives.
The bill which was sponsored by Joshua Gana and some other members seeks to clarify the taxation powers of federal, state and local government to prevent overlap and conflict.
Gana argued that the bill will define scope of taxes and levies collectible by each tier of government, prevent unlawful outsourcing of revenue collection and enhance transparency, fiscal discipline and accountability in the collection of taxes.
Presiding over the session, deputy speaker Benjamin Kalu put the bill to a voice vote, with the majority supporting its advancement.
In a social media reaction, chairman presidential committee on fiscal policy and tax reform, Taiwo Oyedele said the amendment will ensure that taxes are sustainably harmonised and the burden and related consequences removed once and for all.
