President Bola Tinubu has expressed his appreciation for the Nigeria Governors’ Forum following their unanimous endorsement of the four Tax Reform Bills being considered by the National Assembly.
President Tinubu lauded 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.
He described Thursday’s consultation between the governors and the Taiwo Oyedele-led committee as productive.
He described their positive stand on Tax and Fiscal Policy as a commendable example of cooperation between the Federal and State governments.
Tinubu extended 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 commended 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 underscored the primary aim of the Tax Reform Bills, which is pro-poor.
He sId it was 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He said updating the country’s outdated tax laws is essential to this endeavour.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 highlighted the power of constructive conversation in resolving differences.
President Tinubu regarded the governors as vital contributors to nation-building and affirmed his commitment to partnering them to promote economic growth, national harmony, peace, and stability.
He also encouraged 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 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.
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