BREAKING: Tax Reform Bills ‘ll improve economic growth, standard of living – Senator Lado

The 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.......CONTINUE READING THE ARTICLE FROM THE SOURCE>>>>>

Speaking during a courtesy visit by a delegation of professors, scholars, and commissioners from Kano State, 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. Let me reassure all Nigerians that President Bola Ahmed Tinubu 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, an economist and Prof. Auwal Yadudu, shared their views on the Tax Reform Bills, highlighting the importance of inclusive policies for sustainable development.

Lado assured them that the National Assembly, under the leadership of Senator Godswill Akpabio, would address the reforms with the seriousness they deserve.

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.

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