The National Economic Council (NEC) has recommended the withdrawal of the current Tax Reform Bill from the National Assembly in order to pave the way for more comprehensive consultation and consensus-building among key stakeholders.
Making the recommendation in response to a presentation by the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. @taiwoyedele, the Council called for more extensive consultation with stakeholders to align on the far-reaching impacts of the proposed tax reforms.
This is coming just as Vice President Kashim Shettima announced that NEC will adopt measures to speed up the decentralization of the national grid, with a view to putting an end to incessant collapse that has plunged some states in the North into total darkness.
He listed some of the measures for the decentralization of the national grid to include the establishment of mini-grids, solar and renewable energy sources like solar photovoltaic and wind turbines.
Speaking at the 145th NEC meeting on Thursday at the Presidential Villa, Abuja, Senator Shettima who is the Chairman of NEC said the burden of accountability has compelled the government to never look away from these issues.
