President Bola Ahmed Tinubu has urged Nigerians not to be apprehensive about the new tax regime to begin next year.
He says the law is coming with good news to the poor, the low-income earners as well as small businesses.
The President said the impact of the improvements that had been achieved with the reforms his administration had introduced would be felt more by Nigerians, particularly in the new year with huge reliefs coming from the new tax laws, which would exempt food, medication, education, agriculture and shared transportation from burdensome taxes and free businesses from multiple taxes.
He gave the assurance in an address delivered at the 8th Annual Senator Abiola Ajimobi Roundtable and 76th posthumous birthday held yesterday at the University of Ibadan, Ibadan.
The event with the theme: “Pathways to Electoral Credibility: Reforms political parties, re-engineering citizens, and Restoring Trust in Nigerian democracy”, which was organised by Senator Abiola Ajimobi Foundation (SAAF), in collaboration with The Institute of Peace and Strategic Studies, UI, attracted friends, associates, family members and partners of the late former Oyo State governor.
The roundtable was held under the chairmanship of former governor of Ogun State, Aremo Olusegun Osoba.
Speaking through the Executive Chairman, Federal Inland Revenue Service (FIRS), Dr. Zaccheus Adedeji, the President lauded the late former governor for the reforms he facilitated while he was at the helm.
Governor Seyi Makinde, represented by his deputy, Bayo Lawal, described the roundtable as a fitting platform to honour the legacy of the late former governor and engage critically with issues central to Nigeria’s democratic development.
SAAF President, Dr Florence Ajimobi, said President Tinubu had demonstrated loyalty not only through his strong, consecutive representation at the annual event, but also through his continued support, genuine commitment and intentional pursuit of the principles of good governance and democracy.
Some of the dignitaries at the event included House of Representatives Speaker Tajudeen Abass (Special Guest of Honour), Imo State Governor Hope Uzodimma, traditional rulers, community leaders, students, among others.
