The House of Representatives, on Wednesday successfully passed the second reading of a bill aimed at creating the National Tax Crimes and Oversight Commission.
The house passed the bill after Rep. Benjamin Kalu, the bill’s lead sponsor, outlined its main objectives during the plenary session.
Accompanied by eight other lawmakers, Kalu argued for the bill, highlighting its purpose to enhance the oversight of tax authorities within the nation.
Rep. Nweke Uche (PDP-Rivers) another co-sponsor of the bill, emphasized that the establishment of this proposed commission would tackle inconsistencies in tax assessment, reporting, and remittances.
He stated that the primary goal was to thwart tax-related offences and seal any gaps within the nation’s tax administration framework.
The lawmaker noted that the commission would play a crucial role in safeguarding the rights of taxpayers across the country.
Hon. Uche also mentioned that the establishment of this commission is expected to boost revenue through a broader tax collection network within the nation.
The presiding speaker of the plenary session, Hon. Benjamin Kalu further referred the bill to the House Committee on Finance for further legislative actions.
