Victor Ezeja
President Bola Tinubu has commended Nigeria governors for endorsing the proposed Tax Reform Bills currently under consideration by the National Assembly.
Prime Business Africa reports that the Nigeria Governors Forum (NGF) had on Thursday after consultation between it and the Presidential Committee on Tax and Fiscal Policy, announced support for the tax reform initiatives.
Join our WhatsApp ChannelIn a statement on Friday, presidential spokesman, Bayo Onanuga, said Tinubu applauded the governors for their bold leadership and commitment to fostering unity among leaders nationwide, transcending regional, ethnic, and political barriers to advance Nigeria’s development.
Onanuga emphasised that the consultation between the Nigeria Governors’ Forum and the Presidential Committee on Tax and Fiscal Policy is a commendable example of cooperation between the Federal and State governments.
NGF hailed the Chairman of the Governors’ Forum, Kwara State Governor Abdulrahman AbdulRazaq, for successfully mobilising support among his peer investment climate.
He also extended his appreciation to Progressive Governors Forum, the Northern Governors Forum, and all other groups that made the bipartisan resolution of the controversy stirred by the tax bills possible.
The Nigerian leaders underscored that the primary aim of the Tax Reform Bills, which is pro-poor, is to promote national interests, improve the competitiveness of Nigeria’s economy, and attract both local and foreign investments. He said updating the country’s outdated tax laws is essential to this endeavour.
The President noted that the dialogue between the NGF and the Presidential Committee on Tax and Fiscal Policy Reform highlights the power of constructive conversation in resolving differences.
“President Tinubu regards the governors as vital contributors to nation-building and affirms his commitment to partnering with them to promote economic growth, national harmony, peace, and stability,” Onanuga stated.
He added that the president also encouraged other stakeholders with ideas and suggestions for refining the Tax Bills to engage with the ongoing legislative process at the National Assembly.
He urged the National Assembly to expedite the legislative process for these crucial bills so that the country can swiftly reap the benefits of the reforms.
Tinubu hailed the Chairman of the Governors’ Forum, Kwara State Governor Abdulrahman AbdulRazaq, for successfully mobilising support among his peer investment climate.
He also extended his appreciation to Progressive Governors Forum, the Northern Governors Forum, and all other groups that made the bipartisan resolution of the controversy stirred by the tax bills possible.
The Nigerian leaders underscored that the primary aim of the Tax Reform Bills, which is pro-poor, is to promote national interests, improve the competitiveness of Nigeria’s economy, and attract both local and foreign investments. He said updating the country’s outdated tax laws is essential to this endeavour.
The President noted that the dialogue between the NGF and the Presidential Committee on Tax and Fiscal Policy Reform highlights the power of constructive conversation in resolving differences.
“President Tinubu regards the governors as vital contributors to nation-building and affirms his commitment to partnering with them to promote economic growth, national harmony, peace, and stability,” Onanuga stated.
He added that the president also encouraged other stakeholders with ideas and suggestions for refining the Tax Bills to engage with the ongoing legislative process at the National Assembly.
He urged the National Assembly to expedite the legislative process for these crucial bills so that the country can swiftly reap the benefits of the reforms.
Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.
