Governor Babajide Sanwo-Olu has dismissed claims that the proposed tax reform bill is biased against northern states.
The bill, which has sparked significant debate among governors, particularly those from the north, has faced opposition primarily due to disagreements over the VAT sharing formula.
Speaking during a live interview on TVC, Governor Sanwo-Olu clarified that the bill is not designed to disadvantage the north. He emphasized that the proposed reform is fair and beneficial to all regions. EO BABA 06JAN25
Governor Sanwo-Olu also noted that more governors have begun supporting the bill after consulting with experts and gaining a better understanding of its provisions. Governor Sanwo-Olu further clarified that this increased understanding has helped dispel the misconception that Lagos stands to benefit the most should the bill be enacted into law