President Bola Ahmed Tinubu has commended the Nigeria Governors’ Forum (NGF) for their unanimous endorsement of the four Tax Reform Bills currently under review by the National Assembly. The President described the reforms as “pro-poor” measures aimed at boosting Nigeria’s economic competitiveness, attracting investments, and advancing national development.
In a statement by his spokesperson, Bayo Onanuga, Tinubu praised the NGF for showcasing unity and bold leadership, transcending regional, ethnic, and political divides in their commitment to Nigeria’s progress. He singled out the NGF Chairman, Governor Abdulrahman AbdulRazaq of Kwara State, for effectively mobilizing support among state leaders for the transformative tax reforms.
“The primary aim of these Tax Reform Bills is to promote national interests, enhance the competitiveness of Nigeria’s economy, and attract both local and foreign investments,” Tinubu emphasized, noting that updating the country’s outdated tax laws is essential for creating an investor-friendly climate.
The President also extended commendations to other key stakeholders, including the Progressive Governors Forum and the Northern Governors Forum, for their bipartisan efforts to resolve controversies surrounding the reforms.
Highlighting the productive collaboration between the NGF and the Presidential Committee on Tax and Fiscal Policy, Tinubu lauded their constructive dialogue as a model for resolving differences and fostering cooperation between federal and state governments.
He encouraged other stakeholders with suggestions for refining the Tax Bills to actively participate in the legislative process.
Finally, President Tinubu called on the National Assembly to expedite deliberations on the bills, underscoring their significance for rejuvenating Nigeria’s economy. “Swift passage of these reforms will ensure the nation begins to reap the benefits without delay,” he said.
The Tax Reform Bills, designed with a focus on pro-poor policies, are positioned as critical steps toward fostering economic growth, peace, and national stability.
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