President Bola Tinubu has expressed his gratitude to the Nigeria Governors’ Forum (NGF) for their unanimous support of the four Tax Reform Bills currently before the National Assembly.
The President commended the governors for their visionary leadership and dedication to fostering national unity, transcending regional, ethnic, and political divides to advance Nigeria’s progress.
A fruitful discussion between the NGF and the Presidential Committee on Tax and Fiscal Policy on Thursday exemplified the cooperative efforts between federal and state governments.
Tinubu also offered special praise to Kwara State Governor Abdulrahman AbdulRazaq, Chairman of the NGF, for successfully rallying his colleagues in support of the tax reforms, which are aimed at revitalizing the national economy and improving the country’s investment climate.
Additionally, he thanked the Progressive Governors Forum, the Northern Governors Forum, and other influential groups that helped reach a bipartisan resolution on the contentious aspects of the tax bills.
The President emphasized that the primary goal of the proposed Tax Reform Bills is to boost national interests, enhance Nigeria’s economic competitiveness, and attract both local and international investment. He noted that updating the nation’s outdated tax laws is a crucial step in this process.
Tinubu highlighted the importance of constructive dialogue, such as the one between the NGF and the Presidential Committee, in overcoming differences and reaching agreements.
Recognizing the governors as essential partners in nation-building, the President reaffirmed his commitment to working with them to promote economic growth, peace, and national stability.
He also encouraged all stakeholders with ideas or feedback on the Tax Bills to engage with the ongoing legislative process in the National Assembly.
In closing, President Tinubu urged the National Assembly to fast-track the passage of the bills, so that the nation can quickly benefit from these vital reforms.
Bayo Onanuga
Special Adviser to the President
(Information and Strategy)
January 17, 2024
