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Tax Reform Bill: You Cannot Take Bayelsa Money & Pay Lagos – Senator Dickson
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Former Bayelsa State Governor, Seriake Dickson, has stated that the tax reform bills proposed by President Bola Tinubu and currently before the National Assembly will promote fairness and rectify the existing system.
He made this statement during his appearance on Channels Television’s Politics Today on Tuesday.
Watch video below:
In October, after receiving approval from the Federal Executive Council, Tinubu sent four tax reform bills to the National Assembly for review.
The Federal Government stated that these bills are designed to overhaul the country’s tax system.
The bills include the Nigeria Tax Bill 2024, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill.
The bills have sparked a wide range of opinions across the country. While some support the reforms, believing they could bring positive change, others fear they may worsen living conditions, making life harder for many citizens. The debate continues as people assess the potential impact of the reforms.
Expressing his views on the new tax reform bills, the former governor representing Bayelsa West in the Senate stated that the bill will bring fairness and correct the old order.
Dickson stated, “In Bayelsa, part of what I have been fighting over the years, is that most of our tax is paid to Lagos State. Most of our VAT is paid to Lagos State, because the existing tax regime requires that it be attributed to the state where the headquarters of the company is, but in the proposition now, that will be upturned.
“That will be upturned. So, there is a correction. Correction of the old order.
Oh, yes. It is introducing fairness that have been fighting for over the years.”
The former Bayelsa State Governor emphasised that the new bills align with the principles of true federalism.
He added, “Now, in that new formula that is proposed, remember, 50 percent was for equality of states. Now, what is being proposed is that 60 percent will go to derivation. That is, states producing, they get 60 percent of what you produce, 20 percent on equality and 20 percent on population.
“That is what is contained. Now, I don’t see anything unfair in this, if you follow the doctrines of federalism.”
Dickson, recognising that the bills have caused significant uproar, advised that building consensus, networking, consultation, and both agreement and disagreement should be approached with the national interest in mind.
“I believe in consensus building, networking, consultation, agreement, and disagreement in the national interest,” he said.
The former Chairman of the People’s Democratic Governors Forum cautioned against allowing emotions to influence decisions, urging lawmakers and other stakeholders to evaluate the tax reform bills on their merits.
He continued, “We have to step up and play our roles as leaders. I know some sensational headlines were generated. At our level, we have to be, or at least aspire to be, national politicians. And that’s what I’ve been discussing with my colleagues from all parts of the country.
“We can have a healthy conversation, even a debate, even a disagreement and an argument. After all, what are parliaments for? We’re not there to always agree. This is a vast and diverse country. There are states you go to where you will encounter almost 50 to 100 different languages and cultures. This is a very interesting, beautiful, and diverse nation. So, no one should expect unanimity of views or perspectives. Disagreements are normal.
“And as my good friend, former Speaker of the House of Representatives, Yakubu Dogara, said on your programme, the more the arguments, discussions, and even disagreements, the more it shows the vitality of our democracy. There’s nothing wrong with that. The only thing is, while doing so, we shouldn’t ethnicize. We shouldn’t bring in sectional sentiments, and we should address the issues squarely.”
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Speaker Abbas Hails Governor Bago @51
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Betara Celebrates Governor Bago @51
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…commend his leadership qualities, contribution to national development
By Gloria Ikibah
The Chairman House of Representatives’ Committee onthe Federal Capital Territory (FCT), Rep. Muktar Betara has congratulated Governor of Niger State, Mohammed Bago on his 51st birthday.
Rep. Betara who represents Biu/Bayo/Shani/Kwaya Kusar Federal Constituency of Borno State, in a congratulatory message admitted Governor Bago’s relentless advocacy for Nigerites as well as the meaningful contributions to legislative processes that shaped national development while serving as Member of the House of Representatives.
Thrilled by the leadership qualities of Governor Bago, he applauded various unprecedented developmental projects initiated since his assumption of office in 2023.
He said: “Your Excellency, on this special occasion of your 51st birthday, I extend my heartfelt congratulations and best wishes to you.
“This milestone is a testament to a life dedicated to public service, leadership, and unwavering commitment to the progress of Niger State and Nigeria at large.
“As the Governor of Niger State, your visionary leadership has continued to inspire hope and transformation across various sectors.
“Your dedication to infrastructural development, education, healthcare, and especially, agriculture, and security has significantly improved the lives of the people, reinforcing your reputation as a leader who prioritises the welfare of his people.
“Your efforts in fostering economic growth and good governance have set a solid foundation for sustainable development in the state.
“Before assuming office as Governor, your impactful tenure as a Member of the House of Representatives was marked by your relentless advocacy for your constituents and meaningful contributions to legislative processes that shaped national development.
“As you celebrate this new chapter of your life, may you continue to be blessed with wisdom, strength, and good health to steer Niger State toward greater heights. Happy birthday !”
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Nigeria Seeks Stronger Economic Ties with China
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…as currency swap boosting bilateral trade
By Gloria Ikibah
The Nigerian government is deepening economic collaboration with China to drive industrialisation and economic diversification.
Minister of State for Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, made this known when she received the Chinese Ambassador to Nigeria, Yu Dunhai, in Abuja.
The Minister emphasised that Nigeria’s longstanding ties with China, spanning over five decades, align with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritises economic expansion and resilience.
Outlining key areas where Nigeria seeks Chinese support, including electric vehicle production, digital technology, renewable energy, and agriculture, Amb. Odumegwu-Ojukwu acknowledged China’s significant role in Nigeria’s road and rail infrastructure development and noted that the country is taking concrete steps to modernize its ports and power sector to attract more investment.
She also highlighted the importance of cultural ties, and noted the growing interest among Nigerian youths in learning the Chinese language.
The minister reaffirmed Nigeria’s commitment to strengthening its economic partnership with China, highlighting that the ongoing currency swap agreement is already enhancing trade relations between both nations.
“It’s quite interesting that a large population of Nigeria youth is inching towards Chinese Language. A lot of Nigerian Universities are desirous to offer Chinese Language. Chinese had become the language of trade in the world.
“Nigeria-China will continue to relate not just bilaterally but multilaterally.
“We expect that we will continue to get the support of China but we will always reciprocate that multilaterally.
“In line with President Tinubu’s plan to industrialise Nigeria, we expect Chinese cooperation in establishing assembly plants of electric vehicles; digital communication, renewable energy, all aspects of digital technology, agriculture because of food insecurity as the government is interested in seeing that food gets to the poorest of the poor. Government is not just talking about food but has established a separate Ministry of Livestock,” the minister stated.
She urged China to extend trade tariff exemptions to its exports, similar to the concessions already granted to 33 other African nations, emphasising that the Renewed Hope Agenda prioritizes stronger ties between citizens and deeper country-to-country partnerships.
In response, Chinese Ambassador Yu Dunhai reaffirmed China’s commitment to strengthening its relationship with Nigeria, describing the country as a key strategic partner. He noted that President Bola Ahmed Tinubu’s visit to China and participation in the Forum on China-Africa Cooperation (FOCAC) had elevated diplomatic and economic engagements between both nations.
Amb. Yu highlighted ongoing collaborations in infrastructure, including roads, railway modernization, power, industrial parks, and the Lekki Deep Sea Port. He disclosed that trade volume between the two nations exceeded $21 billion last year, with Nigeria’s exports to China accounting for over 25% of this figure.
He further underscored the role of manufacturing in industrialization, pointing to the recently renewed $2 billion currency swap agreement as a tool to enhance financial cooperation, boost bilateral trade, and attract more investment.
Expressing optimism about the future, the envoy stated that these efforts would ultimately yield tangible benefits for ordinary citizens in both countries.
He said: “We have a comprehensive strategic partnership with Nigeria. China would want Nigeria to play a big role in the international scene. We want Nigeria to become a member of G-20. These will all provide opportunity for China and Nigeria to further work together closely.
“For China, we have been very consistent. We give grant to any African countries; we don’t give any conditions.”
He further acknowledged that it was important that the two countries met to review how far they have performed in their bilateral cooperation.
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