Prominent news anchor, Rufai Oseni, has expressed his commendation for President Bola Tinubu‘s decision to sign executive orders into law aimed at curbing the issue of multiple taxation in Nigeria.
News About Nigeria reports that the signing of the executive orders by Tinubu is seen as a significant step towards addressing the arbitrary taxation policy that has burdened businesses in the country.
Dele Alake, the Special Adviser, Special Duties, Communication, and Strategy to the President, made the announcement during an interactive session with State House Correspondents.
He listed the various taxes that have been suspended, including Corporate Income tax, Import duties, Export duties, Excise duties, Rent, Capital Gains Tax, Personal Income tax, Value Added tax, and many others.
In response to the policies, Rufai Oseni lauded Tinubu for implementing tax palliatives that would greatly assist Nigerian businesses.
He acknowledged that former President Muhammadu Buhari had previously suspended many of the same policies that Tinubu has now signed into law.
He wrote, “Kudos to the President on the tax palliatives for businesses. we must do more for the Nigerian people.
“President Buhari had suspended most of items signed in an executive order today ooo. Handicap! Whahala wahala!”
The move to tackle multiple taxation is seen as a positive step towards creating a more conducive environment for businesses to thrive in Nigeria.
By addressing this issue, it is expected that the burden on businesses will be significantly reduced, allowing them to grow and contribute to the country’s economic development.
The signing of the executive orders demonstrates President Tinubu’s commitment to implementing policies that support the growth and prosperity of Nigerian businesses.
This development has been welcomed by many who believe it will help alleviate the challenges faced by entrepreneurs and promote economic stability in the country.
