President Tinubu gets crucial backing in tax reform crusade
A coalition of 200 Northern civil society organisations (CSOs) has endorsed President Bola Ahmed Tinubu's tax reform bills, citing their potential to bolster Nigeria's economy and foster equitable revenue distribution.
The coalition, comprising the Coalition of Northern Civil Society Groups and Concerned Northern Professionals, met in Abuja and issued a communique highlighting the bills' developmental benefits for the Northern region.
“We believe that the Tax Reforms Bills are in the overall interest of all sections of Nigeria,” the communique stated.
Signed by Dr Fasasi A. Kazeem and Dr Opialu Opialu Fabian, the document praised the reforms for their capacity to resolve liquidity crises and create a competitive business environment.
The coalition acknowledged the polarised reception of the bills but urged Nigerians to focus on their merits.
“A critical and dispassionate perusal of the Tax Reform Bills reveals a commendable effort by President Tinubu to revolutionise the national economy,” the communique added.
While recognising concerns raised by the Northern State Governors’ Forum and other stakeholders, the CSOs stressed that the reforms promote fairness and equity in revenue distribution.
“We understand there are concerns about the revenue-sharing formula, but the bills consider the needs of all sections of the country,” they noted.
The coalition called for increased public awareness and dialogue to ensure widespread acceptance and effective implementation.
They added, “We urge the National Assembly to engage stakeholders and address their concerns. "
The coalition described the reforms as a transformative step towards national prosperity and called on all Nigerians to support their passage.
Disclaimer: The information contained in this content is for general purpose only and is generated from different sources other than MenBills Colony. Kindly report any fake news or false statement to support@menbills.com.ng
tbabe28
on Mercy Aigbe loses home to fire outbreak
05-12-2024 02:44:40pm
Paramount72
on Husbands of female ministers suffer loneliness – Mike Bamiloye
29-11-2024 06:04:28pm
Samuel4
on ‘My wife was pregnant for another man inside marriage’
27-09-2024 04:43:01am
Ishiro
on ‘My wife was pregnant for another man inside marriage’
23-06-2024 11:38:24am
Ishiro
on ‘My wife was pregnant for another man inside marriage’
23-06-2024 11:38:14am
Oladunni
on ‘My wife was pregnant for another man inside marriage’
22-06-2024 04:19:58pm
Candy100
on Man who made allegations against E-Money and late Junior Pope’s wife publicly apologizes
22-06-2024 08:02:49am
Candy100
on BREAKING: Kano Govt Makes Fresh Announcement Over Emir Sanusi Amid Tussle In Kano
21-06-2024 08:15:39pm
Candy100
on 2027: Obi gives condition for merger with PDP
21-06-2024 08:10:14pm
Candy100
on Hajj: Last set of FCT pilgrims to report at camp today
21-06-2024 08:09:27pm
Shakeerah
on BREAKING: Kano Govt Makes Fresh Announcement Over Emir Sanusi Amid Tussle In Kano
21-06-2024 08:40:05am