President Tinubu's Tax Reforms Receive Praise from Defected PDP Candidate

Former PDP governorship candidate in Lagos State, Abdul-Azeez Adediran, popularly known as Jandor, has expressed his support for President Bola Tinubu's newly signed tax laws, describing them as "people-centric" and a bold step towards economic reform. Adediran, who recently defected to the All Progressives Congress (APC), made the remarks after a visit to the Speaker of the Lagos State House of Assembly, Mudashiru Obasa. The President had signed four tax reform bills into law in June, aimed at consolidating Nigeria's fragmented tax laws and establishing a uniform legal framework for tax administration.

Key Takeaways:

• Abdul-Azeez Adediran, former PDP governorship candidate, has praised President Bola Tinubu's newly signed tax laws, describing them as "people-centric" and a bold step towards economic reform.
• Adediran, who recently defected to the APC, made the remarks after a visit to the Speaker of the Lagos State House of Assembly, Mudashiru Obasa.
• The tax reforms, signed into law in June, aim to consolidate Nigeria's fragmented tax laws and establish a uniform legal framework for tax administration.
• The reforms include the Nigeria Tax Bill (Ease of Doing Business), the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill.
• President Tinubu said the reforms would provide a "new lease of life" for Nigerians and future generations, while making the economy more competitive.
• Adediran credited Chief of Staff Femi Gbajabiamila and Seyi Tinubu for encouraging his return to the APC.

Statistics:

• Four tax reform bills were signed into law by President Tinubu in June 2023.
• The repealing of the Federal Inland Revenue Service Act marks the establishment of the Nigeria Revenue Service (NRS), a more autonomous and performance-driven national revenue agency.
• The Joint Revenue Board (Establishment) Bill aims to provide a formal governance structure for cooperation between revenue authorities at all levels of government.

Sources:

• "It takes courage and leadership to introduce such reforms in the face of resistance. The President has once again demonstrated his resolve to put the people first." - Abdul-Azeez Adediran.
• "We are happy to have you back. This is a very good move" - Mudashiru Obasa, Speaker of the Lagos State House of Assembly.
• President Tinubu said the reforms would provide a "new lease of life" for Nigerians and future generations.