Our Taxes Are Not To Frustrate Nigerians But To Create A System – Vice President Shettima

Vice President Kashim Shettima affirmed that Nigeria’s tax reforms, led by President Bola Tinubu’s administration, aim to enhance the system for the benefit of all Nigerians. Contrary to rumors, he clarified that the reforms are not meant to hinder any sector but to establish an administrative structure ensuring a thriving tax system benefiting all citizens. Speaking at the close-out retreat of the Presidential Fiscal Policy and Tax Reforms Committee in Abuja, he, represented by Aliyu Moddibo Umar, the Special Adviser to the President on General Duties, highlighted the need for reconsideration in light of the nation’s fiscal dynamics.
The Vice President underscored the policy direction of the Tinubu administration’s tax reforms, emphasizing the goal of revitalizing revenue generation while maintaining an investment-friendly and globally competitive business environment. He expressed confidence in the committee’s ability to fulfill its mandate and transition from proposing reforms to implementing them effectively. He assured support from both the federal and state governments to ensure the adoption of the committee’s recommendations, aligning them with the economic agenda.
In summary, Vice President Shettima reaffirmed the commitment of the Tinubu administration to tax reforms aimed at improving the system for the overall benefit of Nigerians. He stressed the importance of transitioning from proposing reforms to implementing them effectively, with support from both federal and state governments.

Sahara Reporters