The Chairman of Federal Inland Revenue Service ( FIRS ), Mr. Zacch Adedeji , has allayed fears of Nigerians on possible introduction of new taxes through proposed tax reform laws .
Mr. Adedeji who allayed the fear when he led a team of economic experts to brief the Senate during the Wednesday’s Plenary specifically assured Nigerians , that the tax reform laws , would not entail introduction of new taxes or increase of already existing ones.
The said Bills which are with the National Assembly includes: the Nigeria Tax Bill , the Nigeria Tax Administration Act ( amendment) bill, the Nigeria Revenue Service Bill and the Joint Revenue Board ( establishment ) bill.
Speaking with newsmen shortly after the session, Mr. Adedeji thanked the leadership of the National Assembly for giving them the opportunity to explain to Nigerians on the importance of the Bills to Nigerian economic growth.
“First of all we thank the Senate leadership for allowing us, you known is unusual to be here at the time, but because of critical and important nature of this Bills and the transformative capacity that they all possess, that is why we are here today. This Committee was set up more than a year ago, move round the country, collect consultations with the governors, with commissioners, with everybody, that consultations continue until the Bills is passed, even after that, education will continue”. he said.
Mr. Adedeji further allayed the fears of Nigerians that the yet to be introduced tax policies by President Bola Tinubu are not meant to tax poverty but prosperity , fruits and not seeds, returns and not investments .
Mr. Adedeji spoke further on the impact of the proposed tax Bills on the Nigerian economy.
“Honestly the major impacts is to just stimulate economy, don’t forget Mr. President had said that he would not tax poverty but prosperity , fruits and not seeds, returns and not investments. This is the beginning of that Mr. President commitment fulfillment that will have solid foundation that will actually lead to the prosperity of this country” Mr. Adedeji said.
Hauwa Abu
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