Tax Reforms: Tinubu Applauds Governors for Promoting National Unity, Economic Growth

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President Bola Tinubu has commended the Nigeria Governors’ Forum (NGF) for their unanimous support of four Tax Reform Bills currently before the National Assembly, calling their endorsement a significant step toward fostering national unity and economic growth.

In a statement, President Tinubu lauded the governors for demonstrating bold leadership and setting aside regional, ethnic, and political differences to prioritize Nigeria’s development. He highlighted Thursday’s productive consultation between the NGF and the Presidential Committee on Tax and Fiscal Policy as a shining example of cooperation between federal and state governments.

Special praise was reserved for the Chairman of the NGF, Kwara State Governor Abdulrahman AbdulRazaq, for rallying bipartisan support among his peers to advance the tax reforms aimed at revitalizing the nation’s economy and improving its investment climate. The President also acknowledged the efforts of the Progressive Governors Forum, the Northern Governors Forum, and other groups in resolving controversies surrounding the bills.

“These reforms are pro-poor and designed to promote national interests, enhance Nigeria’s economic competitiveness, and attract both local and foreign investments,” President Tinubu stated, emphasizing the importance of updating outdated tax laws.

The President underscored the power of constructive dialogue, as evidenced by the collaboration between the NGF and the Presidential Committee. He described governors as indispensable partners in nation-building and reaffirmed his commitment to working with them to achieve economic growth, harmony, and stability.

President Tinubu urged other stakeholders with suggestions for refining the Tax Bills to actively engage with the legislative process. He also called on the National Assembly to expedite the bills’ passage, stressing the urgent need for the reforms to take effect and deliver their intended benefits.

The Tax Reform Bills represent a cornerstone of President Tinubu’s vision for a more prosperous and investor-friendly Nigeria.

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