Senate Finance Committee Chair Vows Workable Tax Reforms Amid Public Hearing
Chairman of the Senate Committee on Finance, Senator Sani Musa, has assured that the ongoing public hearing on the four tax reform bills is an inclusive process aimed at delivering practical and constitutionally sound legislation.
Speaking in an interview before the hearing, Senator Musa emphasized that all attendees were given the opportunity to present their views, including those with divergent opinions.
He reaffirmed the committee’s commitment to considering every submission before finalizing the legislation.
“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.”
Senator Musa reiterated that the committee is taking all recommendations into account and will develop a law that reflects the needs of the nation.
He also highlighted President Bola Tinubu’s vision of growing Nigeria’s economy to one trillion naira, underscoring that the tax reforms will play a crucial role in achieving this goal.
He equally added that “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.”
