President Bola Ahmed Tinubu yesterday approved the establishment of a Presidential Committee on Fiscal Policy and Tax Reforms, in line with his promise to remove all barriers impeding business growth in Nigeria.
According to an issued statement by the President’s Special Adviser on Special Duties, Communications and Strategy, Dele Alake, the committee, which will be chaired by Fiscal Policy Partner and Africa Tax Leader at PricewaterhouseCoopers, (PwC), Taiwo Oyedele will comprise experts from both the private and public sectors and have responsibility for the various aspects of tax law reform, fiscal policy design and coordination, harmonization of taxes, and revenue administration.
The release quoted the Special Adviser to the President on Revenue, Adelabu Zach Adedeji, as explaining that President Tinubu recognises the importance of a sound fiscal policy environment and an effective taxation system for the functioning of the government and the economy.
