Hon Abdulmumin Jibrin, representing the Kiru/Bebeji federal constituency of Kano State in the House of Representatives, has expressed confidence that President Bola Ahmed Tinubu’s Tax Reform Bills will be approved by both chambers of the National Assembly.
During an appearance on TVC’s “Politics Today” program on Sunday night, Jibrin, who chairs the House Committee on Housing and Habitat, stated that Tinubu’s tax reform bills and other economic policies are designed to benefit Nigerians in the long term.
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“I have no doubt about the consideration and passage of the Tax Reform Bills. We will pass the tax reform bills,” he asserted.
Jibrin acknowledged that there is a perception in the North that the reform bills are not favorable to them. However, he emphasized that efforts are being made to educate people about the benefits and necessity of the reforms.
The lawmaker highlighted that the advantages of the tax reform bills far outweigh any perceived disadvantages. “For those of us who have thoroughly reviewed the bills, the overall benefits surpass any perceived drawbacks by any individual or region,” he explained.
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“President Tinubu, along with the Chairman of the Federal Inland Revenue Service (FIRS), is not seeking a battle over the bills but rather aims to ensure understanding of their objectives and goals, which focus on better revenue generation and distribution for the country’s economic survival.
“While there may be contentious clauses in the bills, this does not mean they should be discarded or ignored by the National Assembly.
“Since the bills are already before us, it is the responsibility of both chambers to allow them to undergo the necessary legislative processes, which would enable the amendment of contentious clauses, as they are not set in stone.
“As I mentioned a few days ago on a similar program, many of those opposing the bills have not read them and are merely reacting to incorrect narratives being spread by others,” he said.
Jibrin also praised President Tinubu’s commitment to economic reforms, citing the removal of fuel subsidies and the floating of the Naira as examples.
He believes that these reforms, along with the proposed tax reform, will transform the nation’s economy despite the current challenges.
“President Tinubu, in my view, is sacrificing his present for the future of Nigerians through the courageous and long-term result-oriented reforms being implemented now,” he concluded.
