The Minister of State for Defence, Dr. Bello Matawalle, has praised President Bola Tinubu’s economic reforms, stating they are yielding significant positive results.
In a statement released in Abuja, Matawalle highlighted the new tax reforms and key achievements across various sectors as pivotal elements in the country’s economic turnaround.
Matawalle explained that the tax reforms aim to create a more equitable tax system, enhancing revenue generation while easing the financial burden on ordinary citizens and small businesses.
“By broadening the tax base and ensuring that everyone pays their fair share, President Tinubu is laying the groundwork for sustainable economic growth.
“These reforms will not only increase government revenues but also stimulate investment and job creation across various sectors,” Matawalle explained.
The tax reforms also aim to simplify the tax administration process, making it easier for individuals and businesses to comply. This, he said will foster a more business-friendly environment, encouraging entrepreneurship and innovation, essential for driving economic progress.
“In the light of ongoing criticism, particularly from some quarters in Northern Nigeria, I urge critics to be positive in their narratives.
“I also call on citizens to remain steadfast in their support for the President and to reject divisive narratives.
“It is crucial for Nigerians to stand united behind Mr. President, who is diligently working hard to revitalise our economy through a series of effective policies, programmes, and reforms,” he said.
Matawalle encouraged everyone to recognize the positive changes taking place, as the country moves towards a new era of economic growth and prosperity. He added that these policies, which include the new tax reforms and several key achievements across various sectors, were already contributing to a turnaround in the nation’s economy.