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.

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