President Bola Tinubu says recent government policies are necessary interventions to prevent the economy from collapsing and are not meant to punish Nigerians.
Tinubu, who was represented by the Minister of Housing and Urban Development, Ahmed Dangiwa, stated this on Thursday in Abuja at the 55th Annual Conference of the Nigerian Institute of Estate Surveyors and Valuers, NIESV.
DAILY POST reports that the conference’s theme was, “Transform, Invest, Drive: Optimising Real Estate Finance and Taxation.”;
According to the president, the administration is committed to diversifying the economy and expanding revenue sources.
He said this informed the government’s drive to implement policies that enhance income from taxation while upholding fairness and transparency.
“Our decision to reform Nigeria’s tax system and fiscal policy was deliberate and strategic.
“It was a courageous and bold move aimed at addressing the suffocating economic challenges facing the nation,”; he said.
The president stated further that reforms were tailored to create a more investment-friendly environment, particularly in the real estate sector, and to boost job creation and economic growth.
He acknowledged the critical role of estate surveyors and valuers in achieving these objectives and expressed the government’s willingness to partner with NIESV to deliver effective tax administration and revenue utilization.
