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Shettima Assures Nigerians of Benefits from Tax Reforms

Shettima emphasized the government's commitment to establishing an administrative framework

paulcraft by paulcraft
May 12, 2024
in National
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Vice President Kashim Shettima
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  • Vice President Kashim Shettima affirms ongoing tax reforms aim to enhance the system for the collective advantage of Nigerians
  • Dr. Aliyu Moddibo Umar reiterates government’s commitment to maintaining an investment-friendly business environment amidst evolving fiscal dynamics

Vice President Kashim Shettima has affirmed that the ongoing tax reforms under President Bola Tinubu’s administration aim to enhance the system for the collective advantage of all Nigerians.

Addressing participants at the close-out retreat of the Presidential Fiscal Policy and Tax Reforms Committee at the Transcorp Hilton, Abuja, Shettima emphasized the government’s commitment to establishing an administrative framework that ensures the benefits of a robust tax system for all citizens.

Representing the Vice President at the event, Dr. Aliyu Moddibo Umar, the Special Adviser to the President on General Duties, reiterated the administration’s pledge not to hinder any sector of the economy. He clarified that the evolving dynamics of Nigeria’s fiscal landscape necessitated a pause and reassessment of the government’s approach.

“Our objective remains to enhance revenue generation in Nigeria while maintaining an investment-friendly and globally competitive business environment,” Umar affirmed.

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Highlighting the importance of the committee’s work, the Vice President underscored the transition from the phase of proposal to implementation. He expressed confidence in the committee’s ability to fulfil its mandate and assured that both the federal and state governments are poised to ensure the effective implementation of reform proposals.

“We are committed to providing the institutional framework necessary to ensure the adoption of the committee’s consensuses, aligning them with our economic agenda,” Shettima concluded.

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