President Bola Tinubu has justified the contentious tax reform bills, saying they are pivotal for an inclusive, prosperous and sustainable Nigeria.
Speaking in Ibadan at the 7th annual Senator Abiola Ajimobi roundtable and 75th posthumous birthday of the later former Oyo governor, Tinubu disclosed that he is determined to forge a harmonious relationship between the executive and the legislative arms of government.
Represented by the Director General of the Nigeria Institute of Peace and Conflict Resolution, Dr Joseph Ochoku, Tinubu added that the tax reforms would enhance revenue generation.
“My administration is determined to forge a harmonious relationship between the executive and the legislative arms of government.
“Despite occasional tensions, we recognise that effective governance is a shared responsibility. Collaboration, not confrontation, must define our interactions as we work towards the collective goal of improving the lives of our people.
“An example of this collaboration is the ongoing deliberation on the four proposed tax bills before the National Assembly.
“These reforms, when enacted, promise to streamline tax administration, enhance revenue generation, and promote equitable resource allocation.
“They are pivotal to our mission of building an inclusive, prosperous, and sustainable Nigeria and making our country competitive to attract foreign direct investment,” he said.