Tax Reform Is Here To Stay - Tinubu

Posted by Thandiubani on Tue 24th Dec, 2024 - tori.ng

But Tinubu in his address said the reforms might not be embraced by everybody, but it was here to stay.

 
President Bola Ahmed Tinubu has insisted that he is not backing down on his tax reform.
 
According to him, his tax reforms are here to stay.
 
He stated this on Monday night during the presidential media chat aired by NTA.
 
The tax reform bills, which are before the National Assembly, have generated controversies and met push back especially from the Northern leaders, forcing the lawmakers to initiate consultation.
 
But Tinubu in his address said the reforms might not be embraced by everybody, but it was here to stay.
 
He said, “The tax reform is here to stay. The reform is pro-poor and it is to widen the tax net, so we can have more people paying.

“The hallmark of a good leader is the ability to do what you have to do at the time it ought to be done.”
 
Meanwhile, given the mounting opposition to the bills by some governors and senators, the President said he was open to negotiations on the issue.

“Tax matters are subjects of debates and negotiations. I don’t mind cutting edges. I will,” he added.
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