The suggestions provided by the Presidential Fiscal Policy and Tax Reform Committee are to be swiftly and immediately implemented by all federal ministries, agencies, and departments, according to President Bola Tinubu.
On October 24, after receiving a report on the committee’s quick-win accomplishments from its chairman, Taiwo Oyedele, at the State House in Abuja, the President issued the order.
Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, informed journalists in Abuja that Tinubu also gave Hadiza Bala Usman, his Adviser on Policy Coordination, instructions to communicate with Oyedele and the Secretary to the Government of the Federation (SGF) in order to carry out the direction.
Bola Tinubu Inaugurates Presidential Committee On Tax Reforms
Additionally, the proposals will be delivered by the President to the Federal Executive Committee (FEC) at their meeting on Monday.
He said: “After listening to a presentation by the committee chairman, the President directed the Special Adviser to the President on Policy Coordination, Hadiza Bala Usman, to liaise with the Secretary to the Government of the Federation and the Chairman of the Tax Policy Review Committee to ensure that the recommendations of the committee are swiftly and immediately implemented across all ministries, departments, and agencies of the federal government to ensure that there is effective synergy and to ensure that every institution of the federal government is on the same page with respect to how tax policy will be implemented.
“Henceforth, His Excellency Mr. President has also made available an opportunity for the recommendations of the tax policy review committee to be made a top priority at the next sitting of the Federal Executive Council meeting on Monday. Mr. President will continue to emphasise the importance of ensuring that our tax authorities are not taxing the seed, but are taxing the fruit and that will continue to be the focus.”
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