 The Senate has passed for second reading a bill for an act to establish the elite sheriff's court to facilitate tax collection by relevant authorities in the federation to enhance budgets implementation through internal revenue generation. The bill which was sponsored by Senator Ali O'Doomey was read today at the plenary session. In his presentation on the bill, the sponsor Senator Ali highlighted the importance of part of the bill which he said includes proper and prudent ways of enhancing tax collection from relevant authorities in the federation to enhance budget implementation through internal revenue generation. The Nigerian tax system is designed as a means of income generation and is based on the 1948 pre-independent tax laws of the British administration. Since then the system has not been left without reforms aimed at making the main laws effective simple and result oriented. Despite several improvements that have been made to reposition the Nigerian tax system, the system is still facing numerous challenges. The bill is therefore proposed to establish the elite sheriff's court to support existing conventional tax institution at the federation level to enhance revenue generation for improved budget implementation devoid of excessive lingering deficits. Most of our colleagues felt that this is a very sensitive bill and we should take our time to read through at the weekend and we all agreed to stand it down and take it today. So we are going to resume consideration of this report and I will be as slow as possible so that to give everyone the opportunity to raise observations because we want to have an ICPC that will be efficient. Hello hope you enjoyed the news please do subscribe to our youtube channel and don't forget to hit the notification button so you get notified about fresh news updates.