President Tinubu Inaugurates Presidential Committee On Tax Reforms

President Bola Ahmed Tinubu has inaugurated the Presidential Committee on Fiscal Policy and Tax Reforms.

The inauguration took place on Tuesday at the Council Chamber of the Presidential Villa in Abuja.

In his speech, President Tinubu said the federal government cannot continue to tax poverty when it is supposed to promote prosperity.

Recall that the President had on July 7 approved the establishment of the Committee headed by a former Fiscal Policy Partner and Africa Tax Leader at PriceWaterhouseCoopers (PwC), Taiwo Oyedele.

According to a statement from the presidency, the establishment of the committee is in consonance with his promise to remove all barriers impeding business growth in the country.

The statement added that the committee will comprise experts from both the private and public sectors and have responsibility for the various aspects of tax law reform, fiscal policy design and coordination, harmonization of taxes, and revenue administration.