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BREAKING: Tinubu Declares Tax Reforms “Here to Stay”

Ademola Damilola by Ademola Damilola
December 23, 2024
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Tinubu: No Regrets Removing Fuel Subsidy
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President Bola Tinubu has declared that his administration’s tax reforms are irreversible, emphasizing their necessity for Nigeria’s economic growth and inclusivity.

Speaking during his first presidential media chat in Lagos on Monday night, Tinubu addressed the ongoing debates surrounding the tax reform bills currently before the National Assembly. Despite facing pushback, particularly from Northern leaders, the President defended the reforms as vital for broadening the tax base and supporting the nation’s poor.

“The tax reforms are here to stay. They are pro-poor and aimed at widening the tax net so that more people contribute,” Tinubu stated. “The hallmark of a good leader is the ability to make timely decisions, even if they are unpopular.”

The President’s remarks highlight his administration’s resolve to implement reforms designed to strengthen Nigeria’s fiscal framework.

More details to follow…

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