adplus-dvertising
Latest Today

Tax reforms will promote equity – Tinubu

president bola tinubu

WATCH THE VIDEO HERE

PRESIDENT Bola Tinubu, on Monday, defended his four tax reform bills currently before the National Assembly.

He insisted that the bills, which have become a subject of heated debates with the North particularly rejecting them, are aimed at boosting the nation’s revenue.

He emphasised the need for collaboration and not confrontation between the executive and the legislative arms of government to move the nation forward.

Represented by the Director General of the Nigeria Institute of Peace and Conflict Resolution, Dr Joseph Ochoku, the President spoke on Monday in Ibadan at the 7th annual Senator Abiola Ajimobi roundtable and 75th posthumous birthday of the late former governor of Oyo State, held at the University of Ibadan.

The roundtable, organised by the Senator Abiola Ajimobi Foundation in collaboration with the Institute for Peace and Strategies Studies, University of Ibadan, had the topic: “Legislative Oversight in Nigeria: Challenges and Prospects.”

Speaking through Ochoku, the President said,  “My administration is determined to forge a harmonious relationship between the executive and the legislative arms of government.

“Despite occasional tensions, we recognise that effective governance is a shared responsibility. Collaboration, not confrontation, must define our interactions as we work towards the collective goal of improving the lives of our people.

“An example of this collaboration is the ongoing deliberation on the four proposed tax bills before the National Assembly.

“These reforms, when enacted, promise to streamline tax administration, enhance revenue generation, and promote equitable resource allocation.

“They are pivotal to our mission of building an inclusive, prosperous, and sustainable Nigeria and making our country competitive to attract foreign direct investment.”

Tinubu said his administration was working to insulate the constitutional roles of each arm of government from primordial sentiments as he expressed belief in press freedom.

“We also believe in press freedom and in holding government accountable. Thus, in our drive to deepen and consolidate the culture of democratic governance, we have been working assiduously to insulate the constitutional roles and functions of each arm of government from primordial sentiments, lack of engagement, and the dissemination of fake news and hate speeches,” he said.

WATCH FULL VIDEO

WATCH THE VIDEO HERE