At the Presidential Media Chat which held on Monday 23 December, 2024, President Asiwaju Bola Ahmed Tinubu said, “Tax reform is here to stay”, adding, “The essence of tax reform is to eliminate colonial-based assumptions in our tax environment”.
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Presidential Media Chat with President Tinubu held on Monday 23 December, 2024 |
According to Temitope Ajayi, Senior Special Assistant to the President on Media and Publicity:
“Tax reform is here to stay. In today’s economy, we cannot continue to do what we were doing in the past. We can’t retool with old and broken folks.
“The essence of tax reform is to eliminate colonial-based assumptions in our tax environment…
“You can’t satisfy uniformly the largest community of tax evaders. Look at this tax reform; it is pro-poor. The vulnerable are not to pay taxes…
“Tax matters are subject of debates, reviews, and negotiations until you reach a consensus. I don’t mind cutting the edges.”
-President Bola Tinubu