The presidential committee on Fiscal Policy and Tax Reforms has assured Nigerians that they would not be suffocated by the new tax reform to be put in place by President Bola Tinubu.
Speaking in Akure, a member of the committee and chairman forum of finance commissioner in the country, Mr Wale Akinterinwa, said that they would soon come up with policies that would favour the masses.
Akinterinwa who is the Ondo state finance commissioner, said this while featuring at a media forum organised by the state Council of Nigeria Union of Journalists (NUJ) tagged Ondo Media Agenda.
According to him ” as you know, our committee was inaugurated to
amend Nigeria’s tax laws and fiscal policy to improve government revenue.
” As a member of the President Bola Tinubu tax committee, I am sure by the time the committee is done with their plans, you would see that we had come up with policies that would favour the mass.
” We would ensure tax payment, the developed nation are developed because they pay their tax at when due, we have followed suit in Ondo State in the enforcement of tax payment, we don’t have to suffocate the poor with it as the President has said, ‘let the poor breath’.
Speaking on the free fall of Naira, Akinterinwa said that “we have to find solutions to our monetary policy’s, there should be infrastructure development, we must also try to move away from being import dependant country and patronize our Local manufacture.
“The naira is depreciating because our people purchase foreign goods rather than our local ones and also the sudden demand for foreign currency by Nigerians seeking to settle import bills, school fees and other demands by households and corporate entities.”
Akinterinwa added that ” We had cleared the salary debt except for a month, by the time this government ends her tenure they would have paid salary for 8 years and 7 months.”
Credit: vanguardngr.com
