Saturday, 4 June 2016

LAWMAKERS CANVASS FOR SERVICES TAX IN THE TELECOMS SECTOR


Federal Lawmakers in the House of Representatives have made case on the need to make it legally mandatory for stakeholders in the telecommunications industry to pay services tax. This position came to the fore on Wednesday, June 1, 2016 during a debate on the general principles of ‘A Bill for an Act to provide for the Institute of the Telecommunications Services Tax’ standing in the name of Hon. Saheed Akinade. 

He argued that the telecommunications sector is vast and could serve as a critical source of revenue for the nation, also that tax payments for Communications Services is a global practice which Nigeria should key into; after entertaining a robust debate on the desirability or otherwise of the Bill, the question was put from the Chair, by the Speaker, Rt. Hon. Yakubu Dogara; and the Bill got majority nod from the Lawmakers to scale second reading. The House Committee on Telecommunications now owes the Chamber a duty to proceed with further legislative actions on the Bill.

Another Bill that was read the second time on the floor of the House was a Bill seeking to establish the Chartered Institute of Global Communications and Democracy of Nigeria. The Sponsor of the Bill, Hon. Mohammed Ali Wudil averred that the intendment of the legislation include to provide for control of its Membership as well as to promote and foster the practice of Business Communications and Democracy in the nation.

In a similar development, 13 Bills were read the third time and passed during Wednesday’s plenary; in this category was ‘A Bill for an Act to Amend the Corrupt Practices and other related Offenses Act, No. 5 of 2000 to modify the definition of Bank and Money instrument, Review the Composition of the Commission and harmonize the tenure of Office of Members.
Meanwhile, two Members of the House of the People’s Democratic Party (PDP) extract have announced their defection to the All Progressive Congress (APC) on the grounds of the division currently existing in the party. They were Hon. Tony Nwoye (Anambra) and Hon. Emmanuel Odenga (Benue). The notice of defection was respectively communicated to the House by Speaker, Yakubu Dogara. 

However, the Minority Leader, Hon. Leo Ogor protested against the defections, stating that no court of competent jurisdiction has declared that there is a faction existing in the PDP; adding that by the provisions of section 68 of the 1999 Constitution, the Members are required to vacate their legislative seats.

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