Sep 21, 2021

Mawazo Writing Africa

Writing about the main

Ekweremadu cautions National Assembly against legislating on VAT —

Former Senate Vice President Senator Ike Ekweremadu has advised the National Assembly not to enact legislation regarding the contentious collection of value added tax (VAT) and stamp duty, advising that ongoing litigation can go fully This course could be an important step in strengthening the nation’s federalism.

Ekweremadu, who recalled that he had been warning the country about what he called “bottle federalism” for over a decade The states are dependent on redistributed resources from other federation entities for survival, found that any constitutional amendment to move VAT collection to the exclusive statutory list, as reportedly requested by the Federal Inland Revenue Service (FIRS), would amount to a change to the goal post in the middle of the game. p>

In a statement by his media advisor Uche Anichukwu yesterday, the legislature emphasized de r chaired the Senate Constitutional Review Committee for twelve years in a row, since previous legislative efforts to fix things have failed, it was natural to allow the judiciary to play its role in shaping Nigerian federalism .

He said, “I commend Governors Nyesom Wike and Babajide Sanwo-Olu, and the Rivers and Lagos Houses of Assembly for their courageous steps. In this way, our constitution or laws can be put to the test and our federalism strengthened.

“In April 2012, I gave a lecture entitled ‘Nigerian Federalism. : A Case for a Review “, in which I warned that Nigeria would certainly find itself in a stormy economic weather if we did not reinvent our federalism and lead the country away from a military-imposed” bottle federalism “to one that is independent and tough Work based, entrepreneurship and ingenuity to catalyze national development and economic prosperity. Many others have made similar calls as well. Unfortunately, few cared what we were talking about.

“Although we have had a number of successes, perhaps my worst experience at the forefront of the constitutional amendment process was the Seventh Assembly. We have included the most lavish amendments to our constitution, including reorganizing the legislative lists to give subnational governments more powers, including moving certain items such as aviation, railroad, power, and stamp duty to the simultaneous legislative list. Unfortunately, the President refused to approve the amendments. ”