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Tinubu Pledges Permanence Of Tax Reform Policy

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President Bola Tinubu, during his first-ever media chat as head of state, declared his unwavering support for tax reform, describing it as integral to Nigeria’s economic agenda. At the same time, he expressed readiness to amend contentious bills, signaling a pragmatic approach to governance and reform.

President Bola Tinubu called on Nigerians to exercise patience and understanding, assuring them of brighter days ahead. Acknowledging the challenges many are currently facing, he expressed empathy for their struggles and reaffirmed his commitment to easing their burdens.

He said: “Tax reform is here to stay. Why do you want to know that today? Tax matters are subject to debates, reviews and negotiations until you reach concessions. That is what I am going to say about that. I don’t mind cutting edges.

“We cannot continue to do what we previously did in today’s economy. We cannot retool this economy with the same broken boat and I believe that I have that capacity that is why I went into the race. I am focused on what Nigeria needs and what I must do for Nigerians.

“It is not yet eldorado for everybody but the new dawn is here. I am convinced.”

Expressing confidence in his administration’s policy direction, President Tinubu declared he had no second thoughts about eliminating the fuel subsidy, insisting it was essential for the nation’s economic restructuring.

Asked whether he would reduce the size of his cabinet to cut the cost of governance, Tinubu said: “I am not prepared to bring down the size of my cabinet. I saw the need when I put them together. You do not give somebody any assignment he or she cannot fulfill. The job description must be efficient and effective. Nigeria is a large country. If you are to entertain over 200 million people, calculate how many stewards you will need. Let us pay attention to efficiency. Efficiency and effectiveness are the hallmark behind the philoshopy of that cabinet and I am not ready to shrink a bit of it. All the ministers are adding value.”

Read also: Tax Reforms Will Eliminate Colonial Rule In Nigeria – Tinubu

Speaking on the stampedes that happened in Oyo, Anambra and the FCT, he said: “It is a mixed feeling for one to lose loved ones especially children particularly in Oyo State followed by various other incidents. Are we looking at it from the organisers’ point of view or from the goodwill gesture of the organisers trying to give out things from their possession? It is very sad that people are not well organised. We just need to be disciplined in our society. Condolences to those who lost family members but it is good to give.

“I have been giving out foodstuffs, commodities, and envelopes at Bourdillon in the last 25 years and I have never experienced this kind of incident because we are organised and disciplined. If you do not have enough to give, please don’t attempt to give or try to publicise it.

The Eastern Updates 

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