President Bola Tinubu has expressed his appreciation to the Nigeria Governors’ Forum (NGF) for endorsing the four Tax Reform Bills currently before the National Assembly which they hitherto rejected.
Persecondnews recalls that Northern governors had branded the bills as anti-north.
Commenting on the governors’ stance, the President commended the governors for their bold leadership and commitment to fostering unity among leaders nationwide.
According to a statement by Mr. Bayo Onanuga, the Special Adviser to the President on Information and Strategy, Tinubu described the NGF’s endorsement as a “commendable example of cooperation between the federal and state governments.”
“Thursday’s productive consultation between the NGF and the Presidential Committee on Tax and Fiscal Policy is a commendable example of cooperation between the federal and state governments,” he said.
He also commended Governor Abdulrahman AbdulRazaq, Chairman of the Governors’ Forum, for galvanizing support among his peers for the tax bills.
The Tax Reform Bills, which include the Nigeria Tax Bill 2024, the Nigeria Tax Administration Bill, the Nigeria Revenue Service Establishment Bill, and the Joint Revenue Board Establishment Bill, aim to overhaul tax administration and revenue generation in Nigeria.
The bills are expected to promote national interests, improve the competitiveness of Nigeria’s economy, and attract both local and foreign investments.
Tinubu, therefore, urged the National Assembly to expedite the legislative process for the passage of the bills, emphasizing the need for swift implementation to reap the benefits of the reforms.
Author
Leave a comment