Press Release (Part)
President Tinubu urges media to back tax reforms for sustainable wealth creation
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| Federal Ministry of Information and National Orientation (FMINO) |
President Bola Tinubu has urged the media to support his administration’s proposed tax reforms, describing them as a critical step toward building enduring national wealth and prosperity for all Nigerians.
Represented by the Minister of Information and National Orientation, Mohammed Idris, the President spoke Sunday evening at the 2024 Nigerian Media Merit Awards, held at the Muson Centre in Lagos.
President Tinubu stated that while opinions may differ on the details of the proposed tax reforms, there is a national consensus on the need for a complete overhaul of the current tax administration system.
He is optimistic that through the ongoing dialogue on the tax reforms, there would be many areas of convergence of opinions.
“I will say with every sense of conviction that our policies are deliberate and well-thought-out. We are headed toward the restoration of Nigeria, on a path requiring a comprehensive approach that addresses economic diversification, human capital development, infrastructure development, wealth creation, and inclusive growth.
“Among our various landmark reforms is the one focused on tax, by far one of the most profound steps necessary for setting Nigeria onto the path of enduring national wealth and prosperity for all our people. There is a consensus that the tax administration system in Nigeria requires reform. We may not all agree on every detail of the required reform, but there will be many areas of convergence,” he said.
Rabiu Ibrahim
Special Assistant (Media) to the Minister of Information and National Orientation.
December 16, 2024
