President Bola Tinubu has commended the Nigeria Governors’ Forum (NGF) for endorsing four critical Tax Reform Bills currently under review by the National Assembly.
In a statement issued by his spokesperson, Bayo Onanuga, President Tinubu lauded the governors for demonstrating bold leadership and fostering national unity across regional, ethnic, and political lines to advance Nigeria’s economic development.
“Thursday’s productive consultation between the NGF and the Presidential Committee on Tax and Fiscal Policy is a commendable example of cooperation between the federal and state governments,” the President said.
Highlighting the productive consultation between the NGF and the Presidential Committee on Tax and Fiscal Policy, Tinubu described it as a model of federal and state government collaboration.
He specifically praised NGF Chairman, Governor Abdulrahman AbdulRazaq, for rallying bipartisan support among his peers to back the tax reforms aimed at revitalizing the economy and enhancing the investment climate. Tinubu also acknowledged contributions from the Progressive Governors Forum, the Northern Governors Forum, and other coalitions that helped resolve controversies surrounding the bills.
The President emphasized that the Tax Reform Bills are designed to prioritize the interests of the poor, promote national economic competitiveness, and attract both local and foreign investments. Updating Nigeria’s outdated tax laws, he noted, is essential to achieving these goals.
He 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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