Billionaire businessman Femi Otedola has described the recent signing of the tax reform bills into law by President Bola Tinubu as a bold step toward making the Nigerian economy more transparent, efficient, and investment-friendly.
He made this known in a post on his official X handle on Friday, June 27, 2025.
“As a business leader, I welcome the signing of the tax reform bills into law by His Excellency, President Bola Ahmed Tinubu, GCFR.
“The new Tax Reform Laws are a bold, necessary step toward a more transparent, efficient, and investment-friendly economy,” Otedola stated.
According to him, the reforms would reduce complexity, promote fairness, and restore confidence in how revenues are collected and used.
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He also commended everyone who contributed to the achievement.
“It’s not just about paying taxes. It’s about building a system where taxes and other public resources fund infrastructure, unlock productivity, and fuel inclusive growth.
“This is how we build a stronger private sector and a more prosperous Nigeria. Kudos to everyone who contributed to this landmark achievement for Nigeria. I am inspired to invest more, and many other investors share the same sentiment,” he added.
He said it was particularly gratifying that the President allowed broad-based consensus by welcoming inputs and criticisms from diverse groups.
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