President Bola Tinubu has commended Nigerian governors for their unanimous endorsement of the four Tax Reform Bills currently under review by the National Assembly.
In a statement issued by Bayo Onanuga, Special Adviser to the President on Information and Strategy, Tinubu expressed his appreciation for the governors’ bold leadership and unwavering commitment to unity across the nation.
He praised their ability to rise above regional, ethnic, and political differences to prioritize Nigeria’s development.
The statement highlighted the productive consultation held on Thursday between the Nigeria Governors’ Forum and the Presidential Committee on Tax and Fiscal Policy.
Tinubu described the meeting as a shining example of cooperation between the Federal and State governments, emphasizing the importance of collaboration in driving meaningful reforms.
The Tax Reform Bills aim to enhance fiscal policies and streamline tax administration across the country, a critical step towards improving revenue generation and economic growth.
“He extends special commendations to the Chairman of the Governors’ Forum, Kwara State Governor Abdulrahman AbdulRazaq, for successfully galvanising support among his peers for these transformative tax bills to rejuvenate the national economy and enhance Nigeria’s investment climate.
He also commends the 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.
“President Tinubu underscores 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” He said updating the country’s outdated tax laws is essential to this endeavour.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 notes 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.”
According to the statement, 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.
” He also encourages other stakeholders with ideas and suggestions for refining the Tax Bills to engage with the ongoing legislative process at the National Assembly.
” Finally, President Tinubu urges the National Assembly to expedite the legislative process for these crucial bills so that the country can swiftly reap the benefits of the reforms.”
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