President Bola Tinubu says his administration’s reforms are a critical step to building enduring national wealth and prosperity for all Nigerians.
Mohammed Idris, minister of information and national orientation, delivered the president’s remarks at the 2024 Nigerian Media Merit Awards, which held at the Muson Centre in Lagos.
Tinubu said while opinions may differ on the details of the proposed tax reforms for instance, there is a national consensus on the need for a complete overhaul of the current tax system.
“I will say with every sense of conviction that our policies are deliberate and well thought-out,” he said.
“We are headed toward the restoration of Nigeria, on a path requiring a comprehensive approach that addresses economic diversification, human capital development, infrastructure development, wealth creation, and inclusive growth.
“Among our various landmark reforms is the one focused on tax, by far one of the most profound steps necessary for setting Nigeria onto the path of enduring national wealth and prosperity for all our people.
“There is a consensus that the tax administration system in Nigeria requires reform. We may not all agree on every detail of the required reform, but there will be many areas of convergence.”
