- Hon. Abdulmumin Jibrin assured that the National Assembly will soon pass President Tinubu’s tax reform bills to secure Nigeria’s economic future
- Jibrin emphasized that the reforms aim to enhance revenue generation and ensure equitable distribution, addressing public concerns about their implications
Hon. Abdulmumin Jibrin, Chairman of the House of Representatives Committee on Housing and Habitat, has assured that the National Assembly will soon pass President Bola Tinubu’s tax reform bills.
Speaking during an interview on Politics Today, which aired on TVC News, Jibrin emphasized the importance of the reforms, stating that they are designed to secure Nigeria’s economic future.
“We will pass the tax reform bills. I have no doubts about their consideration and approval,” he affirmed.
Jibrin acknowledged public concerns, particularly in northern Nigeria, but urged citizens to understand the reforms’ benefits.
“For those who have thoroughly reviewed the bills, the advantages outweigh any perceived disadvantages,” he said.
He noted that the reforms aim to enhance revenue generation and ensure equitable distribution, bolstering the country’s economic survival.
“President Tinubu and the Federal Inland Revenue Service (FIRS) are not pushing for these bills as a battle but as a means to improve the nation’s revenue system,” Jibrin explained.
Addressing concerns over contentious clauses, Jibrin assured that the National Assembly would subject the bills to proper legislative scrutiny and allow amendments where necessary.
“The bills are not set in stone. If contentious clauses exist, the legislative process provides an avenue to address them,” he added.
Jibrin also pointed out that many critics of the bills had not read them but were influenced by misinformation. He called for broader sensitization efforts to educate Nigerians on the necessity of these reforms.
He further highlighted that Tinubu’s earlier decisions, such as removing fuel subsidies and eliminating the parallel FOREX market, are steps toward transforming Nigeria’s economy despite the temporary hardships they impose.
“These reforms may be challenging now, but they are essential for a better and more stable tomorrow,” Jibrin concluded.
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