News Editor
By Olu Balogun
Special Adviser to the President on Senate Matters, Senator Basheer Lado, has assured Nigerians that the proposed Tax Reform Bills currently undergoing legislative process in the National Assembly, would significantly improve the economy and the standard of living for all citizens.
Speaking during a courtesy visit by a delegation of professors, scholars, and commissioners from Kano State, Senator Lado, emphasized President Bola Tinubu’s commitment to creating a fair, transparent, and growth-oriented tax system.
“This visit reflects your commitment to Nigeria’s economic future,” Senator Lado stated. “Let me reassure all Nigerians that President Bola Ahmed Tinubu, GCFR, has the nation’s best interest at heart. These reforms aim to promote fairness, transparency, and economic growth, ultimately improving investment and living standards for everyone,” he said.
The delegation, led by Dr. Muhammed Sagagi, a renowned economist, and accompanied by Prof. Auwal Yadudu and other members, shared their views on the Tax Reform Bills, highlighting the importance of inclusive policies for sustainable development.
Senator Lado assured them that the National Assembly, under the leadership of Distinguished Senator Godswill Akpabio, would address the reforms with the seriousness they deserve.
President Tinubu had on October 3, 2024 forwarded to the National Assembly four Tax Reform Bills to overhaul tax administration and revenue generation in the country.
They are the Nigeria Tax Bill 2024, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill, respectively.