Tinubu Wants Speedy Implementation of Tax Reform, Receives Update

President Bola Tinubu has instructed his Special Adviser on Policy Coordination, Hadiza Usman, to collaborate with the Office of the Secretary to the Government of the Federation in harmonizing the recommendations of the Presidential Fiscal Policy and Tax Reforms Committee. The directive aims to expedite the implementation of these recommendations across all Ministries, Departments, and Agencies.

The President issued this directive during a meeting at the Aso Rock Villa, Abuja, with Mr. Taiwo Oyedele, Chairman of the reforms committee. Oyedele presented a 30-day report, highlighting “quick wins” from the committee’s efforts.

Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, disclosed this development to State House Correspondents. The meeting, originally scheduled for September, was delayed due to the President’s prior foreign engagements in India and New York.

Ngelale said, “President Bola Tinubu received in audience the Acting Chairman of the Federal Inland Revenue Service, Mr. Zack Adedeji, as well as the chairman of the tax policy review committee, Mr. Taiwo Oyedele where the committee presented to Mr. President a report on quick wins achieved by the tax policy review committee, in conjunction with directives given by Mr. President on the day that committee was inaugurated.

“After listening to a presentation by the committee chairman, the President directed the Special Adviser to the President on Policy Coordination, Hadiza Usman, to liaise with the Secretary to the Government of the Federation and the Chairman of the Tax Policy Review Committee to ensure that the recommendations of the committee are swiftly and immediately implemented across all ministries, departments and agencies of the federal government.”

The presidential aide said the goal is to “ensure that there is effective synergy and to ensure that every institution of the federal government is on the same page with respect to how tax policy will be implemented.”

Tinubu also directed that recommendations of the tax policy review committee be given high priority at the next sitting of the Federal Executive Council on Monday, October 30, 2023.

“We want to ensure that our citizens are receiving the best of public service provision. And that is only going to be possible when we have expanded the tax net to such an extent that we are collecting tax to GDP, reaching the 18 per cent threshold as directed and targeted by Mr. President, without any undue burden being placed on the most vulnerable segments of our population,” Ngelale added.

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