- Controversial tax reform proposal in Nigeria aims to change VAT distribution formula
- Proposal favors southern states by allocating VAT revenue based on state of origin
- Current model uses equal distribution and population weighting
- Northern lawmakers oppose the bill, citing increased economic disparity
- Debate highlights Nigeria’s challenges with fiscal federalism
- Bill’s progression in the National Assembly is delayed
- Discussion on achieving equity in revenue sharing and promoting state accountability
Source: africataxreview.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
