Tinubu’s Tax Reforms Will Bring Relief, Not Burden – FG Assures Nigerians

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President Bola Ahmed Tinubu has reassured Nigerians that the new tax reform bills before the National Assembly will ease their financial burdens and not impoverish any region or group.

This statement was made in a press release by the Federal Ministry of Information and National Orientation on Sunday.

The ministry emphasized that the ongoing nationwide debate on the tax bills is a healthy sign of democracy in action.

“The robust nationwide debate on the new tax reform bills is welcomed and commendable,” the statement read.

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The government described the engagement as inspiring and encouraged Nigerians to continue sharing their views.

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However, it warned against misinformation and divisive rhetoric.

“There should be no room for name-calling or unnecessary ethnic and regional slurs,” the ministry added.

Tinubu Committed to Accountability

President Tinubu reaffirmed his commitment to transparency and accountability in the tax reform process.

He directed the Ministry of Justice and other relevant officials to work closely with the National Assembly to address concerns.

“The government has nothing sinister to warrant the suggestion that the process is being rushed,” the statement clarified.

The President assured Nigerians that their input would be considered before the bills are passed.

Tax Reforms to Empower Nigerians

The administration highlighted the potential benefits of the reforms.

According to the statement, the new laws aim to channel more resources to states and local governments.

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This, the government believes, will lead to sustainable growth and development across Nigeria.

“Instead of burdening Nigerians, these reforms will bring relief to millions of hardworking citizens,” the statement said.

The government also noted that the reforms would close loopholes that have allowed public resources to be wasted for decades.

Focus on Infrastructure and Social Investments

President Tinubu’s administration plans to invest the savings from these reforms in critical infrastructure.

The areas of focus include healthcare, education, transportation, and digital technology.

“These investments will ensure that no one is left behind,” the ministry stated.

This aligns with Tinubu’s “Renewed Hope” agenda, which promises a better future for all Nigerians.

Supreme Court Ruling on Financial Autonomy

The government also referenced the 2023 Supreme Court ruling that granted financial autonomy to local governments.

The ruling is expected to strengthen governance at the grassroots level.

“This will significantly empower the tier of government closest to the people,” the statement emphasized.

Misinformation and Fake News Concerns

The Federal Ministry of Information warned Nigerians about the spread of fake news regarding the reforms.

“There is a lot of misinformation circulating around the tax bills,” the statement noted.

The ministry reassured citizens that the reforms would not lead to the scrapping of any federal agencies.

Instead, they are designed to improve accountability and boost revenues without additional tax burdens.

Call for Constructive Engagement

Minister of Information, Mohammed Idris, called for respectful and informed discussions on the tax reforms.

He urged Nigerians to avoid inflammatory language and focus on the issues.

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“This is the very essence and meaning of democracy,” Idris said.

The government’s message was clear: the tax reforms are necessary for Nigeria’s progress.

A New Era of Fiscal Reforms

The administration described the reforms as the most significant fiscal changes in decades.

“These are far-reaching, impactful, and beneficial reforms,” the statement declared.

The goal, according to the government, is to create a system where citizens can demand accountability from their leaders.

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