President Bola Tinubu has commended the Nigeria Governors’ Forum following the unanimous endorsement of the four Tax Reform Bills currently under consideration 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.
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.
The President extended commendations to the Chairman of the Governors’ Forum, Kwara State Governor Abdulrahman AbdulRazaq, for successfully galvanising support among his peers for the 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 stressed 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He said updating the country’s outdated tax laws is essential to the endeavour.
The President noted 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.
President Tinubu regarded the governors as vital contributors to nation-building and affirmed his commitment to partnering with 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 the crucial bills so that the country can swiftly reap the benefits of the reforms.