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Tinubu Calls For Joint Effort Between Justice Ministry And NASS On Tax Bill Concerns

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Tinubu Calls For Joint Effort Between Justice Ministry And NASS On Tax Bill ConcernsPresident Bola Tinubu has directed the Minister of Justice and Attorney General of the Federation, Lateef Fagbemi, to work closely with the National Assembly in addressing concerns related to the ongoing Tax Reform Bills. This was revealed in a statement by the Minister of Information and National Orientation, Mohammed Idris, on Tuesday.....KINDLY READ THE FULL STORY HEREā–¶

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Idris emphasized that the President is fully committed to ensuring that all relevant interests are considered in order to set the nation on a path toward greater economic prosperity. He also praised the robust public debate surrounding the tax bills and called for continued democratic engagement from all stakeholders.

The statement read: ā€œThe ongoing nationwide discussion on the tax reform bills currently before the National Assembly is encouraging and commendable. It is inspiring to see Nigerians from all backgrounds engaging on these crucial national matters. This represents the core of democratic participation.ā€

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Idris urged commentators and groups to maintain a spirit of informed debate while being respectful of diverse opinions. He further stressed that such discussions should avoid name-calling or introducing ethnic and regional biases into the dialogue.

He also cautioned against the spread of misinformation and fake news regarding the tax bills and the broader fiscal reforms under the Tinubu administration. According to him, these reforms are designed to bring economic relief to Nigerians, enhance the financial capacity of states and local governments, and ensure sustainable growth nationwide.

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ā€œThe proposed reforms will not impoverish any state or region, nor will they lead to the elimination or weakening of federal agencies. Instead, they will empower millions of hardworking Nigerians and strengthen the nation’s sub-national governments for sustained growth,ā€ the statement continued.

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The Minister reiterated that the Tinubu administration’s fiscal reform agenda is focused on devolving more resources to state and local governments, in line with the spirit of democracy that works for the people. Idris emphasized that the government has no ulterior motives and that the process is not being rushed, following standard legislative procedures.

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ā€œTo address any concerns or uncertainties, President Tinubu has directed the Federal Ministry of Justice and the officials involved in drafting the bills to work in close collaboration with the National Assembly to ensure all genuine concerns are addressed before the bills are passed,ā€ Idris stated.

He further noted that, alongside the tax reform bills, the recent 2023 Supreme Court ruling on financial autonomy for local governments would also play a pivotal role in empowering the tier of government closest to the people.

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In conclusion, Idris assured that the reforms will not only boost revenue generation without imposing additional tax burdens but will also ensure greater accountability in public resource management. The administration will continue to close the loopholes through which public funds have been misused, and the savings generated from these reforms will be invested in critical infrastructure and social programs that benefit all Nigerians.

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ā€œThis is the promise and reality of the Renewed Hope agenda,ā€ he added.

 

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