Abdullahi Sule, governor of Nasarawa, says his counterparts in the north are only against removal of value-added tax (VAT) from the federation account allocation committee (FAAC).
Abdullahi Sule, governor of Nasarawa state, says northern governors are only against the removal of value-added tax from the federation account allocation committee .
The governor, who commended President Bola Tinubu’s administration, noted the need to scrutinise a key aspect of the tax reforms to prevent potential economic hardship in the northern region. “We just selected an item out of the tax reforms. It is the VAT that we are talking about, which would be taken out of the FAAC. That is why we are calling for a review of that position.“Other people are introducing consumption. For people like me, who was once a managing director of some of the biggest companies, I was the one paying VAT. I was the one paying taxes; and I knew how it was paid. I know where some of these goods are consumed.
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