Group backs FG’s tax reforms

A group, The Friends of Seyi Tinubu (FOST) has declared support for the Federal Government’s ongoing tax reforms policy.

In a statement signed by the group’s president on Sunday, Adejorin Tai Manuel, the group stated that the initiative will ensure sustainable national development, foster transparency and as well expand the nation’s revenue.

According to the group, the introduction of the policy demonstrates the government’s commitment to restructuring the economy by simplifying tax compliance, broadening the tax net, and ensuring that all citizens and businesses contribute their fair share to national development.

The group in the statement, call on the federal government to shun all distractions and misinformation that aim to derail the agenda.

While FOST reaffirms its commitment to supporting initiatives that promote economic growth and national development, the group appeals to Nigerians to give support to the tax reform initiative.

“We The Friends of Seyi Tinubu (FOST) wish to express her full support for the Federal Government’s ongoing tax reforms aimed at transforming Nigeria’s economic landscape. We believe these reforms are a necessary step in ensuring sustainable national development, fostering transparency, and expanding the nation’s revenue base.

“The tax reform initiative demonstrates the government’s commitment to restructuring the economy by simplifying tax compliance, broadening the tax net, and ensuring that all citizens and businesses contribute their fair share to national development. These reforms also seek to curb revenue leakages, combat tax evasion, and establish a more equitable tax system that supports both growth and social equity.

“While we acknowledge the challenges that accompany such transformational policies, we encourage the Federal Government to remain resolute in its pursuit of these reforms. As always, significant changes attract opposition and distractions from vested interests who may wish to maintain the status quo. We call on the government to shun all distractions and misinformation that aim to derail this progressive agenda.

“We also appeal to Nigerians to support these reforms by understanding their long-term benefits and participating actively in building a sustainable future for the nation. The successful implementation of these reforms will ensure better infrastructure, improved public services, and economic stability for all.

“Friends of Seyi Tinubu (FOST) reaffirms her commitment to supporting initiatives that promote economic growth and national development. We commend the Federal Government for taking bold steps toward repositioning the country’s economy and urge continued focus and transparency in the implementation of these reforms,” the statement read.

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