BY CHIKA OKEKE, Abuja President Bola Tinubu has disclosed that the colonial tax laws impoverished Nigerians through fragmentation, multiplicity, and inconsistencies while the new reforms will deliver prosperity to Nigerians. This was even as he emphasised that the new tax system is designed to be people-centred and investment-friendly, thereby advancing the nation’s development goals. He stated this on Tuesday at the commissioning of the 16-storey Nigeria Revenue Service (NRS) Headquarters in Abuja. Senate President Godswill Akpabio and the Speaker of the House of Representatives, Tajudeen Abbas, were in attendance, alongside the ministers, senators, members of the House of Representatives, private-sector leaders, and the governors of Kwara, Imo, Borno, Kogi, Plateau, and Anambra States. President Tinubu explained that the new tax laws, which became fully operational in January, are intended to liberate the economy from the constraints of archaic laws and make it more ...
News Rider is a media and news company that publishes well-researched and balanced reports on national and global events.