Chairman of the Senate Committee on Finance, Senator Sani Musa, has assured that the ongoing public hearing on four tax reform bills is an inclusive and constitutionally sound process.
Speaking before the hearing, Musa emphasised that all stakeholders, including those with divergent views, were given the opportunity to present their opinions.
Commitment to a Practical Tax Law
“We will give this country a tax law that is workable. Every presentation is being carefully reviewed, and after today, we will enter a three-day retreat where we will consult with experts and the Office of the Attorney General of the Federation. Our goal is to ensure the final act aligns with the constitution and serves the best interests of Nigerians,” he stated.
Musa reiterated that the committee is considering all recommendations to develop a fair and effective tax system.
Supporting Nigeria’s Economic Growth
He also highlighted President Bola Tinubu’s vision to grow Nigeria’s economy to ₦1 trillion, stressing that tax reforms will be a key driver in achieving this objective.
“The legislation must outlive us all. Even as lawmakers, we will be bound by the laws we create. The priority is to ensure Nigerians see this as a true reflection of what a fair and effective tax system should be,” he added.
