Tinubu: No going back on tax reforms, it won’t be El Dorado for Nigerians

President Bola Tinubu says the tax reforms bill before the National Assembly has come to stay.

Tinubu said this at his first presidential media chat on Monday, December 23, 2024.

The president said his administration must retool the economy, adding that he has the capacity to focus on what the country needed.

He said: “We cannot continue to do what we were doing yesteryears in today’s economy; we cannot retool this economy with the old groping bolts.

“I believe I have that capacity; I am focused on what Nigeria needs and what I must do for Nigerians.

“It will not be El Dorado for everybody but a new dawn is here. I am convinced and you should be convinced too.”

Tinubu assured Nigerians that inflation currently at 34 per cent would trend downward to 10 per cent as envisaged in the 2025 budget.

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The president said the government would improve security so that people could return to their farms and produce more food, and encourage procurement and manufacturing of drugs.

Tinubu said he understood the trouble Nigerians had been through, particularly the economic problems.

He, however, said the country was on the right path, adding: “We are focused; we’ll maintain focus. Let’s believe in ourselves and in our country, tomorrow will bring a glorious dawn.

“It is just 18 months I’ve taken the reign. 2025 is a very promising year.”

The president thanked Nigerians for having confidence in him to be their president.

“I’m very proud of that. I don’t want you to think that I will take it for granted at any given time. It is all about service. I will do it with all my heart. I seek your cooperation all the time,” Tinubu stated.

The Star