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Zamfara Assembly passes Consolidated Revenue bill

August 27, 2020
in Business News, Latest Nigeria News, Nigeria News, Politics News
Zamfara Assembly passes Consolidated Revenue bill
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Zamfara State House of Assembly has passed the long awaited consolidated revenue bill into law.The bill is to provide for the establishment of fiscal responsibility agency and to generate sufficient revenue for the state.

Zamfara state has suffered from the activities of armed bandits and other criminalities in the last few years. These unholy activities have greatly affected virtually all aspects of life including revenue generation

This necessitated the state House of Assembly finding ways of reviving the state Internally Generated revenue

Presenting the committee’s report to the house for consideration and passage into law, chairman of the committee Muhammad Jengeru says the bill will improve the state revenue generation and block all leakages
Anambra Assembly passes Legislative Fund Management Bill
After consideration of the report, the speaker of the house says the bill is the first of its kind in the history of Zamfara state

He appealed to all tax and revenue payers to comply, as defaulters will be penalised. The bill will be sent to the executive arm of government for assent.

Two other executive Bills including establishment and management of the office of local government auditor general and the establishment, functions and management of Zamfara State directorate for rural water supply scheme 2020 passed first reading.

The bill according to the committee is an adapted version of the revenue laws of some neighboring states which will help in the free flow of economic activities across the states and the country at large.

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