CNG students’ wing rejects tax reform bills

The students’ wing of the Coalition of Northern Groups (CNG) has kicked against the tax reforms bills currently before the National Assembly, saying they will destroy the education sector. The group, in a statement on Thursday by Hassan Adamu, its national coordinator, said the bills are designed by the enemies of the state to undermine […]

The students’ wing of the Coalition of Northern Groups (CNG) has kicked against the tax reforms bills currently before the National Assembly, saying they will destroy the education sector.

The group, in a statement on Thursday by Hassan Adamu, its national coordinator, said the bills are designed by the enemies of the state to undermine our already paralysed educational sector.

The CNG students wing, which particularly frowned at the aspect of one of the bills as “it affects” the Tertiary Education Trust Fund (TETFund), said starving the agency of its 3 per cent education tax, would spell doom for the nation’s tertiary education sector.

While questioning the rationale for proposing huge tax allocation to the Nigerian Education Loan Fund (NELFUND), the CNG Students’ wing, said the bills will have a long-term negative consequences in the country.

The group, which also expressed concerns on the narrow NELFUND coverage in the Northern region, called on the agency to ensure more tertiary institutions in the North are covered.