President Bola Tinubu has given reasons why he will not be withdrawing the tax reforms bill from the National Assembly despite the recommendation of the National Economic Council.
The President insister that rather than withdrawing the bill inputs and changes can be made along the way.
Tinubu’s Special Adviser on Information and Strategy, Mr. Bayo Onanuga, revealed the President’s position in a statement titled ‘Proposed tax reforms bills should go through the legislative process; inputs can be made at public hearings.’
It read, “President Bola Tinubu has received the National Economic Council’s recommendation that the tax reform bills already sent to the National Assembly be withdrawn for further consultation.
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“President Tinubu commends the National Economic Council members, especially Vice President Kashim Shettima and the 36 State Governors, for their advice. He believes that the legislative process, which has already begun, provides an opportunity for inputs and necessary changes without withdrawing the bills from the National Assembly.
“While urging the NEC to allow the process to take its full course, President Tinubu welcomed further consultations and engagement with key stakeholders to address any reservations about the bills while the National Assembly considers them for passage.”
Tinubu’s Friday response comes barely 24 hours after the National Economic Council, Nigeria’s highest economic advisory body, requested that the tax reforms bill be withdrawn from the NASS for more consultations.
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