President Tinubu lauds NGF for supporting Tax Reform Bills

President Bola Tinubu has expressed gratitude to members of the Nigeria Governors’ Forum for their unanimous support of the four Tax Reform Bills currently being reviewed by the National Assembly.

He commended the governors for their courageous leadership and dedication to promoting unity among leaders across the country.

According to Tinubu, updating the country’s outdated tax laws is essential to this endeavour.

The President’s appreciation message was contained in a statement by his Special Adviser on Information and Strategy, Bayo Onanuga, on Friday, 17th of January 2025.

The statement reads in part:

“President Bola Tinubu expresses his appreciation for the Nigeria Governors’ Forum following their unanimous endorsement of the four Tax Reform Bills currently under consideration by the National Assembly.

“President Tinubu lauds 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.

“Thursday’s productive 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.

“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“He said updating the country’s outdated tax laws is essential to this endeavour.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.” [CONTINUE READING HERE]>>>>