Skip to main content

VAT: Falana To FG Propose Money Bill Before Implementing Increase

VAT: Falana To FG Propose Money Bill Before Implementing Increase

Femi Falana (SAN)

Human Rights Lawyer, Femi Falana, has called on the federal government to propose a Money Bill to the National Assembly before the implementation of the increase in Value Added Tax (VAT).

Falana who spoke to News Agency of Nigeria (NAN) in Abuja, said the National Assembly (NASS) erred by inviting the Minister of Finance

and the Executive Chairman of Federal Inland Revenue Service (FIRS), to clarify issues of VAT increment.

According to him, provisions of the constitution states that the President ought to have presented a money bill to be passed by the National Assembly before the increment.

“It’s illegal. Under a democratic dispensation, you cannot impose tax or increase tax without a law made by the National Assembly or the

“In this case, it has to be realised that we are not under a military dictatorship.

“By virtue of Section 59 of the Nigerian Constitution, any increase, levy or tax will have to be presented to the National Assembly by way of Money Bill by the President; it has to be passed into law.

“No, the National Assembly must insist on its powers under Section 59 to pass a law to increase VAT or any tax, there can be no taxation without a legislation.

“The Federal Executive Council has no power under the Constitution to increase VAT or any tax in the country,” Falana said.

Labels:

Comments

Post a Comment

Popular posts from this blog

Steer Clear from Tompolo's Pipeline Surveillance Job, Face Your Olu's Contract... Activist Warn Itsekiri Leaders

Steer Clear from Tompolo's  Pipeline Surveillance Job, Face Your Olu's Contract... Activist Warn Itsekiri Leaders  Niger Delta Human Rights Activist, comrade Daniel Ezekiel has berated ltsekiri leaders for calling on  the Federal Government to decentralize the pipeline security contract awarded to the Niger Delta living legend, High Chief Government Ekpemukpolo alias Tompolo. The activist in a statement to FocalPoint Reports, on Thursday, reacted with displeasure and strongly condemned Itsekiri leaders Who were led by Hon. Michael Diden to call for the decentralization of Tompolo's Surveillance contract, during a visit to High Chief Bibopere Ajube (Shoot-at-sight) at his Agadagba-Obon, residence in Ese-Odo Local Government Area of Ondo State,  Ezekiel Daniel described those who visited Bibopere Ajube as self-proclaimed Itsekiri leaders and their voices are nothing good but mere distractions and should not be taken seriously. He added that the statements m...
1 comment
Read more

NMU Governing Council chairman seeks solutions to challenges facing varsity

NMU Governing Council chairman seeks solutions to challenges facing varsity The Acting Chairman of the Governing Council of the Nigerian Maritime University, Okerenkoko, Delta State,  Adewale Adeogun, has appealed for immediate action to address the pressing challenges facing the institution.   Adeogun, who spoke during the council meeting  in Warri, expressed deep concern over the university’s underdevelopment despite its six-year existence. Highlighting the urgent need for government intervention, Adeogun emphasised the importance of establishing a permanent campus and ensuring adequate funding.  He pointed out that the university’s progress has been hindered by the suspension of projects initiated by the Nigerian Maritime Administration and Safety Agency (NIMASA). “It is disheartening to see that despite being a specialised university, Nigerian Maritime University is still struggling to find its footing,” Adeogun stated. “We must work tirelessly to secure gov...
Post a Comment
Read more

Retired police officers protest over unpaid pensions

Some retired police officers under the contributory pension scheme on Tuesday, May 21, protested at the National Assembly over alleged several months of unpaid pensions with a call on President Bola Tinubu to remove them from the scheme. The protesters decried the extreme challenges they endure, saying that the National Pension Commission (PENCOM) has failed to pay their entitlements for several months causing them and their families untold hardship. The aggrieved retired police officers also wrote a Save Our Soul (SOS) letter to the President of the Senate, Godswill Akpabio, calling for an urgent intervention. Speaking on behalf of the protesters, Chairman of the retirees, Christopher Effiong said many of their members have developed terminal illnesses and heart attacks as a result of the frustration associated with the scheme. In a letter dated May 21 and addressed to Senate President Godswill Akpabio, the retirees said many of their colleagues have lost their lives due to t...
Post a Comment
Read more