What Shettima Discussed With Presidential Committee On Tax Reforms

Vice President Kashim Shettima has charged members of the Presidential Committee on Fiscal Policy, and Tax Reforms to develop a robust roadmap that will transform the economy of the country.

Shettima gave the charge on Monday when he received the members of the Committee led by the Chairman, Taiwo Oyedele, in his office at the Presidential Villa, Abuja.

The vice president stated that fiscal and tax policies are key to the realization of any nation’s economic development and are potent tools for resource mobilization.

He said, “The task before you is enormous, I believe you have the best brains to come up with a robust roadmap that will reposition our economy, addressing some of the fundamental issues underlying our fiscal and tax policies; Fiscal and tax policies are key to the realization of any nation’s economic development.

“I believe you will come up with a roadmap to salvage our nation, We are in a big mess, but I have confidence in your team. This is a great nation chained by poor governance, chained by many challenges, and my principal is a man of courage and conviction; he is a progressive man in the Nigerian political space.”

Shettima charged the Committee to make recommendations that are quick deliverables in view of the nation’s current economic realities and assured them of the National Economic Council’s cooperation.

He said, “Our focus should largely dwell on domestic resource mobilization, especially with trends in the world today; even the biggest economies in the world are faced with this reality.

 “I think the composition of this Committee bears testimony to the seriousness that the President attaches to your mandate. Honestly, I am proud of you. I am personally conversant with some of the members of this committee who are men and women of impeccable character, high integrity, committed and patriotic.”

Earlier, Oyedele disclosed that members of the Committee were happy to help the country redefine and redesign a new fiscal policy framework that is fit for the nation to thrive.

Also, he expressed the readiness of the Committee to engage with sub-national governments through NEC in achieving the mandate of the committee.

He said: “The Committee is excited for this opportunity to help our country to redefine, and redesign a new fiscal policy framework that is fit for our nation to thrive and deliver the Nigeria we want in order for our people to flourish in their endeavours.”

“We are laser-focused on our mandate as directed by Mr. President, which covers fiscal governance, revenue transformation, fiscal competitiveness and economic growth facilitation.”

In the delegation of the Presidential Committee were Kyari A. Bukar, Tayo Aduloju, Ismaila M. Zakari, Prof. Abiola Sanni, Dr. Chinyere Almona, Abubakar Suleiman, Bamate Ogara-Lawson, Taminu Yakubu and Muhammad Nami.