The National Economic Council (NEC) has advised that the Tax Reform Bill, currently in the National Assembly, be withdrawn.
The NEC is led by Vice-President Kashim Shettima and includes state governors as members.
After their meeting on Thursday, Oyo State Governor Seyi Makinde disclosed that the NEC decided to withdraw the bill due to disagreements and concerns raised by various groups.
“NEC noted the need for sufficient alignment on the proposed reforms and recommended the withdrawal of the tax reform bills,” he stated.
“We saw the gap and decided that there is a need for a wider consultation,” he added.
