The Nigerian Senate has commenced a two-day public hearing on proposed tax reform bills, gathering key stakeholders from the country’s economic and financial sectors to discuss crucial policy changes.
Chairman of the Senate Committee on Finance, Senator Sani Musa, assured that the process would be transparent and driven by national interest. He emphasized that the hearing aims to review and modernize Nigeria’s tax laws to align with current economic realities.
According to Musa, the proposed reforms seek to promote equity, fairness, and inclusivity while addressing inefficiencies in the existing tax framework. He called on stakeholders and the general public to actively participate, stressing that collaborative input is vital in shaping a tax system that drives economic growth and national prosperity.
Among the high-profile attendees are the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, the Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, the Group CEO of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, members of the Federal Executive Council, heads of relevant agencies, and the Comptroller General of Customs, Adewale Adeniyi.
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