Ohanaeze Backs President Tinubu’s Proposed Tax Reform Bills

Ohanaeze, the apex socio-cultural organization from the South-East, has announced its endorsement of President Bola Ahmed Tinubu’s proposed tax reform bills.

In a statement released by Okechukwu Isiguzoro, the Secretary General of Ohanaeze Ndigbo, the organization expressed that the proposed legislations present a significant opportunity to revitalize Small Medium Enterprises (SMEs) and improve the conditions of Nigerian workers.

He said, “In an emphatic affirmation of progress and economic empowerment, Ohanaeze Ndigbo, the esteemed apex socio-cultural organisation representing the Igbo nation, hereby announces its steadfast endorsement of President Bola Ahmed Tinubu’s proposed tax reforms bills.

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“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 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.”