logo-profile

OTICE

.COM

.NG


Home of Nigeria Latest News and Updated Information
tag-iconNews
tag-iconhouse of reps , Ndume , Okorocha

Senators Okorocha, Ndume get backing on scrapping of Federal House of Reps, bill to replace VAT

user_icon Posted by:
Tiamiyu Saheed Oluwatosin
views-icon Views:
39
like-icon Page likes:
0
dislike-icon Page dislikes:
0
comments-iconComments:
0
calendar-icon Posted on: 2019-10-18 02:15:49
share-icon Share(s):
0
PJIMAGE-26



Conference of Nigeria Political Parties (CNPP) has reacted to the bill to enact a law to impose a communication service tax meant to replace the Federal Government’s proposed 2.5 percentage increase in the Value Added Tax (VAT), describing it as less burdensome on the masses.

The CNPP also threw its weight behind a suggestion by Ex-governor of Imo State, Owelle Rochas Okorocha that Nigeria should adopt a reduced Parliamentary representation from each state of the federation as part of efforts to decrease government’s running costs.

As stated by the umbrella body of all registered political parties and political associations in the country, in a statement issued to Press on Tuesday by its Secretary-General, Chief Willy Ezugwu, the bill tagged “Communication Service Tax Bill, 2019” being sponsored by Ex-Senate Leader, Senator Ali Ndume is a lesser evil compared to the impact of a 2.5 percent increase in VAT, which will raise payable VAT to 7.5 percent.

“For us, the Bill proposing a levy on electronic communication services like Voice Calls, SMS, MMS, Data usage and Pay per View TV Stations is a lesser evil. The impact on the ordinary citizens will be less burdensome than the proposed 7.5 percent VAT the federal government wants to slam on the already impoverished masses of Nigeria.

DO YOU KNOW >>> Ex-Kogi Deputy Governor, Simon Achuba under House arrest

READ ALSO >>> Okorocha wants House of Reps scraped, gives reasons

“We totally agree with Senator Ndume that the bill would rather enhance distribution of wealth where ordinary Nigerian People would benefit than impoverish the masses the more as VAT increment will not only affect the economy negatively but will further reduce the purchasing power of the poorest of Nigerian People”, the CNPP observed.

Reacting to the proposed reduction of the numbers of legislative representatives from states at the National Assembly, the CNPP noted that, “Senator Okorocha was telling nothing but the truth when he canvassed that one Senator is enough to represent a state at the legislative chamber.

“Like Senator Okorocha, said what is too sacrosanct that Senators and House of Representatives members were doing that only a senator per state could not do?

“We, therefore, urge Senator Okorocha to urgently sponsor a Bill for the amendment of relevant sections of the constitution in line with his thoughts to conserve funds for capital projects to the benefit of poor Nigerian People”, the CNPP counselled.

READ ALSO >>> Ndume under fire over claim that Boko Haram killed 847 soldiers from 2013 till date

READ ALSO >>> Okorocha under fire over bad condition of Imo roads

BREAKING >>> Ex-Kogi Deputy Governor, Simon Achuba under House arrest


For All Nigeria Past Questions Visit www.QUESTION.NG


COMMENTS

NOTE: User comments in this section are, as the name implies, provided by users of this website. The question.ng team is not responsible for, nor do they endorse, any of the information provided here.


NO POSTED COMMENT