₦airaland Forum

STATEHOUSE PRESS STATEMENT
 
PRESIDENT TINUBU COMMENDS NIGERIAN GOVERNORS FOR SUPPORTING TAX REFORM INITIATIVES
 
President Bola Tinubu expresses his appreciation for the Nigeria Governors' Forum following their unanimous endorsement of the four Tax Reform Bills currently under consideration by the National Assembly.
 
President Tinubu lauds 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.
 
He extends 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 commends 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 underscores 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He said updating the country's outdated tax laws is essential to this endeavour.
 
The President notes 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 regards the governors as vital contributors to nation-building and affirms his commitment to partnering with them to promote economic growth, national harmony, peace, and stability.
 
He also encourages 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 urges the National Assembly to expedite the legislative process for these crucial bills so that the country can swiftly reap the benefits of the reforms.
 
Bayo Onanuga
Special Adviser to the President
(Information and Strategy)
January 17, 2024

naptu2:
Bayo Onanuga @aonanuga1956



https://x.com/aonanuga1956/status/1880281296892751987?t=8eAkOpvawQH1-iqqt1B6Vw&s=19[/quote]Fear NORTH! For sane Nigerians are with us SIR

NOETHNICITY:
Hope Ndume and Zulum have been enlightened

JAMO84:
Anything Tinubu wants, Tinubu gets.

Master strategist

NOETHNICITY:
Hope Ndume and Zulum have been enlightened

JAMO84:
Anything Tinubu wants, Tinubu gets.

Master strategist

Ojuntana:
Clap for the governors

No more hold your govs accountable

So las las CIT and VAT will remain as they are....

Zooposki:
President Tinubu underscores 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.

Read the bolded. Tinubu is letting them know he’s not changing his stance, especially on the %.

NaijaCowFarm:
What are Agbado illiterates celebrating here?

70% of Oyedele's recommendations have been whittled down or thrown away.
- Derivation is now only 20% instead of 80%
- Corporation Tax - UNCHANGED
- VAT increase - STALLED
- 80% (50% -equity + 30% -population) of VAT still goes to POPULATION and EQUITY (North is the winner, while Lagos and Rivers lose)
- All Institutions like TETFUND, NASEN, NITDA, etc - UNCHANGED

What exactly did TINUBU achieve with the Tax Reform Bills?
Congratulations to Zulum, Ndume and Bala = These WINNERS

Latakia:
Jagaban the only prepared president in the history of Nigeria. Very bold, focused, courage and believed in his policies that will move the country forward at the detriment of his second term. He believe that second term will take care of itself when the time comes.

Imagine one presidential candidate that doesn't even know the meaning of climate change and yet he want to become the president of a big and reputable country like Nigeria

Ojuntana:
RaqRaqRaqRaq

Is that how you were taught English comprehension in school?