Tax Reforms: Bagudu Slams Critics Calls For National Unity

Tax Reforms: Bagudu Slams Critics Calls For National Unity

In an interview with MARK ITSIBOR, Abubakar Atiku Bagudu, Nigeria’s Minister of Budget and Economic Planning, discussed the ongoing tax reform bills currently before the National Assembly…READ MORE…

Bagudu emphasized that the goal of the reform is to stimulate economic growth and simplify tax compliance, particularly for small businesses. He responded to claims that the reform is targeted at the North, asserting that President Bola Tinubu’s administration is committed to equitable development across Nigeria.

Bagudu acknowledged the challenges of tax reform but noted that it is a necessary part of economic progress, pointing out that even advanced nations struggle with tax legislation. The minister also addressed concerns that the reform could lead to unemployment in the North, emphasizing that the government’s goal is to support economic activity and create jobs, not hinder them.

He urged those opposing the reform to engage in constructive dialogue, stressing that the process is open for discussion and will ultimately benefit Nigeria’s growth.

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