Home » President Tinubu Hails Governors for Backing Key Tax Reforms

President Tinubu Hails Governors for Backing Key Tax Reforms

Commends Leadership and Cooperation in Advancing Bills to Strengthen Nigeria's Economy

by Folawi Titilayo

Press Statement from the State House

President Tinubu Applauds Nigerian Governors for Backing Tax Reform Efforts

President Bola Tinubu has expressed his gratitude to the Nigeria Governors’ Forum (NGF) for their unified support of the four Tax Reform Bills currently being reviewed by the National Assembly.

The President praised the governors for their decisive leadership and their efforts to promote unity among Nigeria’s leaders, transcending regional, ethnic, and political divisions in the pursuit of national progress.

A key highlight of this cooperation was Thursday’s fruitful consultation between the NGF and the Presidential Committee on Tax and Fiscal Policy, showcasing the strong partnership between federal and state governments.

In particular, President Tinubu acknowledged the leadership of Kwara State Governor Abdulrahman AbdulRazaq, Chairman of the NGF, for his role in mobilizing his fellow governors to support these critical tax reforms aimed at revitalizing the national economy and improving Nigeria’s investment climate.

The President also commended the efforts of the Progressive Governors Forum, the Northern Governors Forum, and other groups for their role in resolving the initial disagreements surrounding the tax bills.

President Tinubu emphasized that the primary goal of the Tax Reform Bills is to support the less privileged, enhance national competitiveness, and attract both domestic and foreign investments. He noted that modernizing Nigeria’s tax laws is essential for achieving these objectives.

The President further highlighted the importance of dialogue, noting that the ongoing discussions between the NGF and the Presidential Committee serve as a valuable example of how constructive communication can bridge differences.

President Tinubu reiterated the crucial role of the governors in nation-building and reaffirmed his dedication to working with them to foster economic growth, national harmony, peace, and stability.

He also encouraged other stakeholders to contribute their ideas and suggestions as the tax bills continue their journey through the legislative process in the National Assembly.

Finally, President Tinubu urged the National Assembly to fast-track the legislative process for these pivotal bills, so the country can quickly begin to enjoy the benefits of the tax reforms.

Bayo Onanuga

Special Adviser to the President (Information and Strategy)

January 17, 2025

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