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Tuesday, March 4, 2025

Sheikh Gumi backs Tinubu’s tax reform bills, suggests review of VAT component

Sheikh Gumi backs Tinubu’s tax reform bills, suggests review of VAT component

Prominent Nigerian Islamic scholar Sheikh Ahmad Gumi has publicly endorsed President Bola Tinubu’s tax reform bills, which have sparked considerable debate and opposition from various northern elites and Islamic clerics.

Gumi’s support is significant given the context of widespread criticism from influential figures in the northern region of Nigeria, including governors, traditional rulers, and other clerics such as Sheikh Adam Dokoro, Sheikh Bello Yabo, Sheikh Mansur Sokoto, Sheikh Sambo Rigachiku, Sheikh Salisu Zaria, and Sheikh Isa Pantami.

Speaking Tuesday during an interview, Gumi said the tax reforms are beneficial to Nigerians and could drive positive economic change if properly implemented.

According to Gumi, the tax reform bills hold promise for driving positive economic change in Nigeria. He emphasized that these reforms could simplify tax administration and reduce burdens on low-income earners while addressing issues like double taxation and excessive levies.

READ ALSO: Gumi Challenges Nigeria’s Military to Provide Evidence Bandit Kingpins were Killed in Zamfara

While expressing overall support for the reforms, Gumi highlighted specific concerns regarding the Value Added Tax (VAT) component of the proposals. He suggested that this aspect requires further review to address apprehensions raised by various stakeholders across the country.

“I believe the contentious VAT issue is the only part that needs to be reviewed, otherwise it is a good package for all,” he said.

President Tinubu had argued that the four tax reform bills aim to simplify tax administration, reduce the burden on low-income earners, and eliminate issues like double taxation.

He also stated that the reforms would foster a fairer tax system, reduce Nigeria’s dependence on oil revenue and support local economic growth.

While Gumi acknowledged the concerns raised by critics, he urged all stakeholders to focus on the broader benefits the reforms could bring to the country.

 

Faruk Khalil
Faruk Khalilhttps://nigeriansketch.com/
Khalil Faruk (Deputy Editor-in-Chief), has a Bachelors and Master's degree in Political Science and has worked as a reporter, features editor and Deputy Editor-in-Chief respectively in a leading Nigerian daily. He has undergone trainings in journalism, photo journalism and online journalism within and outside Nigeria.

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