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    MarketForces Africa » MarketForces News » Tax Reform Here to Stay, Tinubu Says

    Tax Reform Here to Stay, Tinubu Says

    Julius AlagbeBy Julius AlagbeDecember 24, 2024 News No Comments2 Mins Read
    Tax Reform Here to Stay, Tinubu Says
    President Bola Tinubu
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    Tax Reform Here to Stay, Tinubu Says

    President Bola Tinubu said, in his maiden media chat on Monday, that the tax reform bill before the National Assembly had come to stay. The president said his administration must retool the economy and that he had the capacity to focus on what the country needed.

    “We cannot continue to do what we were doing yesteryears in today’s economy; we cannot retool this economy with the old groping bolts.

    “I believe I have that capacity; I am focused on what Nigeria needs and what I must do for Nigerians.

    “It will not be Eldorado for everybody but a new dawn is here. I am convinced, and you should be convinced too,” said Tinubu. He assured Nigerians that inflation currently at 34 per cent would trend downward to 10 per cent as envisaged in the 2025 budget.

    He said the government would improve security so that people could return to their farms and produce more food, and encourage procurement and manufacturing of drugs. Tinubu said he understood the trouble Nigerians had been through, particularly the economic problems.

    He, however, said the country was on the right path. “We are focused, we’ll maintain focus. Let’s believe in ourselves and in our country, tomorrow will bring a glorious dawn.

    “It is just 18 months I’ve taken the reign. 2025 is a very promising year.” The President thanked Nigerians for having confidence in him to be their president.

    “I’m very proud of that. I don’t want you to think that I will take it for granted at any given time. It is all about service. I will do it with all my heart. I seek your cooperation all the time,” said Tinubu. #Tax Reform Here to Stay, Tinubu Says NGX Index Dips Intraday as Investors Book Profit in ARADEL, NB

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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