APC Backs Tax Reform Bills, Urges Nigerians To Support Fiscal Policy Overhaul

APC Backs Tax Reform Bills, Urges Nigerians To Support Fiscal Policy Overhaul
2024 Rivers State Congress Will Hold Saturday- APC

The All Progressives Congress (APC) has thrown its weight behind the controversial Tax Reform Bills, urging Nigerians to understand and embrace the reforms as a necessary step toward revamping the nation’s fiscal policy framework.

In an interview with Punch, the National Secretary of the APC, Senator Ajibola Basiru, clarified the party’s position, emphasizing that the bills were designed to stimulate economic growth and ensure long-term fiscal sustainability.

He said, “We are not in a dictatorship where the President will by fiat make a resolution. There is separation of powers. The executive has initiated the bill. So, it is for the National Assembly, which comprises representatives from all over the country, to determine whether the bill will pass or not.

“It is not the prerogative of only the President. People must not see him as a dictator. So, if the bill eventually passes, it will be because it has passed the test of acceptability by the majority of the Nigerian people as represented in the National Assembly.

“Secondly, a bill is only passed after it has been subjected to public hearing. What has happened now is that the bills have passed a second reading. It will now go to the committee stage from where there will be a public hearing.”

The post APC Backs Tax Reform Bills, Urges Nigerians To Support Fiscal Policy Overhaul appeared first on Naija News.

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