President Bola Tinubu has directed that the recommendations of the Presidential Fiscal Policy and Tax Reform Committee be implemented as soon as possible across the federal government’s ministries, agencies, and departments.
The President gave the approval on Tuesday, October 24, after receiving a report on the committee’s quick-win successes from its chairman, Taiwo Oyedele, at the State House in Abuja.
Tinubu also asked his Adviser on Policy Coordination, Hadiza Bala Usman, to communicate with the Secretary to the Government of the Federation (SGF) and Oyedele to give effect to the direction, according to Ajuri Ngelale, Special Adviser to the President on Media and Publicity.
Furthermore, the President is scheduled to propose the proposals to the Federal Executive Council (FEC) on Monday.
He said: “After listening to a presentation by the committee chairman, the President directed the Special Adviser to the President on Policy Coordination, Hadiza Bala Usman, to liaise with the Secretary to the Government of the Federation and the Chairman of the Tax Policy Review Committee to ensure that the recommendations of the committee are swiftly and immediately implemented across all ministries, departments, and agencies of the federal government to ensure that there is effective synergy and to ensure that every institution of the federal government is on the same page with respect to how tax policy will be implemented.
“Henceforth, His Excellency Mr. President has also made available an opportunity for the recommendations of the tax policy review committee to be made a top priority at the next sitting of the Federal Executive Council meeting on Monday. Mr. President will continue to emphasise the importance of ensuring that our tax authorities are not taxing the seed, but are taxing the fruit and that will continue to be the focus.”
