Tinubu receives Tax Reforms Committee report on “Quick Win”

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Tinubu receives Tax Reforms Committee report on “Quick Win”
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The president had in August set up the committee to review the fiscal system and the tax administration in the country.

Tinubu on Tuesday in Abuja received the ‘Quick Win Report’ on fiscal policy and tax reforms from the committee tasked with improving the nation’s revenue profile and business environment.

”I have listened attentively to your report. Charting the critical path forward for Nigeria’s economic recovery is crucial to all of us. I want to say thank you to your delegation,” Mr Tinubu said. President Tinubu directed Hadiza Usman, the special adviser on Policy Coordination, to coordinate with the relevant government officials for the session., Zacch Adedeji, pledged to ensure the implementation of the recommendations of the committee, as they may apply, pending the approval of the President.

”While our current tax system has contributed significantly to our revenue, there remains room for further enhancement; enhancement that can be driven with digital technology. To achieve this, we are collaborating with the Presidential Committee to streamline our tax laws, improve voluntary compliance, and expand the tax base to ensure equity and fairness,” Mr Adedeji said.

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