The Board of Internal Revenue (Repeal and Re-Enactment) Bill, on Tuesday, passed the third reading at the Bayelsa House of Assembly.
SEE ALSO: Don’t Honour US Treasury Request – Obasanjo, Zainab Ahmed Write AFDB Board
The Leader of the House, Mr Monday Bubou-Obolo, who sponsored the bill, said at plenary that when passed, the bill would increase the state’s internally-generated revenue (IGR).
Bubou-Obolo, representing Southern-Ijaw constituency II, said it would also align the activities of the board with global best practices.
“The bill will go a long way in resolving the conflict between revenue collecting agencies, reducing issues of multiple taxations and meeting the annual revenue target,” he said.
Also contributing, Mr Tonye Isenah, representing Kolokuma/Opokuma constituency I, said that the bill would enhance the activities of the board.
According to Isenah, it will no longer be a platform for political settlement in the state.
Mr Mitema Obodor, representing Ogbianko constituency I, said that the bill would be good for the people and bring holistic development to the state,” Obodor stated.