The Igbo apex socio-cultural organisation, Ohanaeze Ndigbo Worldwide has declared support for President Bola Tinubu’s tax reform bills.
The Organization in a statement signed by it’s Secretary General Mazi Okechukwu Isiguzoro on Sunday said it overwhelmingly endorsed the bill after exhaustive consultations.
Ohaneze urged all stakeholders, including lawmakers, business actors, and all citizens to unite in support of these pivotal Tax Reforms Bills.
“In an emphatic affirmation of progress and economic empowerment, Ohanaeze Ndigbo, the esteemed apex socio-cultural organization representing the Igbo nation, hereby announces its steadfast endorsement of President Bola Ahmed Tinubu’s proposed Tax Reforms Bills. This endorsement comes after rigorous reviews, exhaustive consultations with an array of stakeholders, and an in-depth analysis of the bills’ implications for the Nigerian economic landscape.
“Our comprehensive evaluation has led us to the resolute conclusion that these tax reforms are not merely legislative proposals; they represent a transformative opportunity for the rejuvenation of Small Medium Enterprises (SMEs) and the enhancement of the fortunes of Nigerian workers. By eliminating the scourge of double taxation imposed by unscrupulous state governors, these reforms will pave the way for an equitable business climate that significantly elevates both local and foreign investment potential.
“The Igbo people, renowned for our entrepreneurial spirit and unwavering commitment to economic self-determination, stand to gain immensely from these reforms. The proposed measures are expected to safeguard the private sector, particularly benefiting the industrious Igbos who play a pivotal role in driving the Nigerian economy through vibrant SME activities. In an environment characterized by fairness and transparent regulations, we are confident that the majority of the benefits arising from these tax reforms will bolster our endeavors, facilitating growth and fostering robust business opportunities.
“In light of these compelling advantages, Ohanaeze Ndigbo ardently calls upon all Southern Federal Lawmakers—both in the Senate and the House of Representatives—to unify their efforts in support of President Tinubu’s transformative restructuring program within Nigeria’s economic and fiscal sectors. It is imperative that our Southern legislators close ranks, transcending partisan divides, to ensure that the Tax Reforms Bills navigate both chambers of the National Assembly successfully,” the statement read in part.
