" ITREALMS: SGF supports Tax Reforms Bills - ITREALMS

Tuesday, December 10, 2024

SGF supports Tax Reforms Bills - ITREALMS

ITREALMS ... making leadership SENSE with digital news!

The Secretary to the Government of the Federation, Senator George Akume, has expressed unwavering support for the Tax Reforms Bills, describing it as visionary legislation designed to revamp Nigeria’s economy.
SGF supports Tax Reforms Bills - ITREALMS
Speaking on TVC’s Politics on Sunday, Senator Akume emphasized that the current tax system is over 50 years in operation and fails to provide maximum benefits to Nigerians. He urged that comments on the bills should be assessed based on its intent, purpose, and credibility, rather than sectional or primordial feelings, citing its nationalistic and pro-poor in nature.

“Solutions to complex problems are not as instant as instant coffee. The Federal Government and all tiers of governments have to come together to ensure prosperity in the land, he noted.”

Director Information & Public Relations, Segun Imohiosen in a press statement available to ITREALMS quoted SGF as addressing issues on Fuel Subsidy removal, he said that its removal is the best decision taken by the Federal Government in the best interest of the people. He added that the introduction of Compressed Natural Gas (CNG) buses and Conversion Kits are some of the many alternatives already put in place to cushion the effect of the removal and stabilise the economy.

On the Local Government Autonomy, the SGF assured that the 10-man Inter-Ministerial Committee to Enforce the Supreme Court Judgement on Financial Autonomy to Local Governments will soon submit its report in compliance to the ruling of the apex court. He asserted that the Local Government Autonomy is not arbitrary, but is pursuant to the dictates of the Constitution of Nigeria which stressed the autonomy of the three tiers of Government.

On the implementation of the Oronsaye report, Senator Akume pointed out that President Bola Ahmed Tinubu has taken a bold step to commence the implementation of some parts of the report, since when the report was submitted by the previous Government without taking any action. He stressed that policy decisions have to be fine-tuned before full implementation to avoid duplication of functions among MDAs and in the best interest of Government and the people.

He called on Nigerians to unite and give President Bola Ahmed Tinubu the required support in order to deliver on his mandates for the prosperity of all Nigerians.

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