President Bola Tinubu has said that the controversial tax reform bills currently at the National Assembly have come to stay.
Recall that the tax reform bills have generated controversy and met with pushback, especially from Northern leaders, who claimed that the bills aimed to impoverish the region.
But speaking at his first Presidential Media Chat on Monday, Tinubu said, “Tax reform has come to stay. We cannot just doing what we were doing yesteryears. But a new dawn is here. I am convinced. And you should be convinced.
He added that “The reform is pro-poor, and it is meant 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.”
Speaking particularly about the Value Added Tax issue in the tax reforms, Tinubu said tax matters are subject to debate and review.
Tinubu also noted that the country was now better at fiscal management.
“We have more revenue being generated and distributed,” he said.
Tinubu maintained that the security situation in the country had improved.
He said, “Two decades of wanton killings have been addressed. Today, you can travel the roads. Before now, it was impossible.”
