The Nigerian Senate has deferred the passage of key tax reform bills proposed by President Bola Tinubu, rescheduling deliberations to Wednesday for detailed evaluation.
The legislative action concerns four fiscal bills intended to modernise Nigeria’s tax system and enhance revenue generation. The delay has drawn attention, particularly after the House of Representatives approved the measures two weeks prior.
In a separate move, the Senate endorsed the convening of a two-day national security summit targeted at tackling the country’s deepening security crisis. The decision followed a motion led by Senator Jimoh Ibrahim, who linked Nigeria’s insecurity to global instability and internal policy gaps.
Senator Ibrahim emphasised the need for a strategic rethink of the country’s defense approach, urging more targeted investment in intelligence and military innovation. While some lawmakers questioned the impact of such a summit, the proposal gained majority backing after a floor debate.
Senate President Godswill Akpabio endorsed the initiative but reduced the proposed summit duration from three days to two. An ad-hoc committee has been assigned to oversee the planning of the event, which will include stakeholders from all levels of government and traditional institutions.
The Senate also recommended a comprehensive review of Nigeria’s security policies, with outcomes from the summit expected to inform future action.
