Tinubu Reacts To NEC Recommendation For Withdrawal Of Tax Reform Bills

In light of the ongoing controversy surrounding the tax reform bills, President Bola Tinubu has stated that the documents should not be withdrawn from the National Assembly.

This information was shared by Bayo Onanuga, the Special Adviser to the President on Information and Strategy, who emphasized that the bills should proceed through the legislative process.

According to the statement, President Bola Tinubu “received the National Economic Council’s recommendation that the tax reform bills already sent to the National Assembly be withdrawn for further consultation.”

Read Also: NEC Recommends Withdrawal Of Tax Reform Bills

The Nigerian leader also praised the members of the National Economic Council, particularly Vice President Kashim Shettima and the 36 State Governors, for their counsel.

“He believes that the legislative process, which has already begun, provides an opportunity for inputs and necessary changes without withdrawing the bills from the National Assembly.

“While urging the NEC to allow the process to take its full course, President Tinubu welcomes further consultations and engagement with key stakeholders to address any reservations about the bills while the National Assembly considers them for passage.

“When President Tinubu set up the Presidential Committee on Tax and Fiscal Policy Reform in August 2023, he had only one objective: to reposition the economy for better productivity and efficiency and make the operating environment for investment and businesses more conducive. This objective remains more critical even today than ever before,” the statement read.

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