The President of Nigeria, Bola Ahmed Tinubu has expressed his gratitude to the Nigeria Governors’ Forum (NGF) for their endorsement of the four Tax Reform Bills being reviewed by the National Assembly currently.
In his statement issued through his spokesperson, Bayo Onanuga, on Friday, the President praised the governors role in fostering unity across the nation. This even as he highlighted their efforts in overcoming regional, ethnic, and political differences to drive Nigeria’s progress.
Specially, the President appreciated the NGF Chairman, Kwara State Governor Abdulrahman AbdulRazaq, for his effective leadership in rallying support among his fellow governors for the tax reform bills, which are aimed at revitalizing the national economy and improving Nigeria’s investment climate.
Also he took in recognition the contributions of the Progressive Governors Forum, the Northern Governors Forum, and other groups whose cooperation helped resolve the controversies surrounding the bills.
Outlining the primary goal of the Tax Reform Bills which is to serve the nation’s poor and promote national interests by enhancing Nigeria’s economic competitiveness and attracting both local and foreign investments. He emphasized the importance of updating the country’s outdated tax laws to achieve these objectives.
Thursday’s productive consultation between the Nigeria Governors’ Forum and the Presidential Committee on Tax and Fiscal Policy is a notable example of collaboration between the Federal and State governments, he said.
The President also called on the National Assembly to expedite the passage of these critical bills, enabling the country to quickly realize the benefits of the proposed reforms.