February 5, 2025

RMAFC pledges support for tax reform bills, refutes false reports

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RMAFC-Chairman-Mr.-Mohammed-Bello-Shehu

Omeiza Bilal

The Chairman, Revenue Mobilization Allocation and Fiscal Commission (RMAFC) Mohammed Bello Shehu, have described as not only false but also malicious report that it vehemently rejected the proposed tax reform Bill before the National Assembly.

In a press briefing on Tuesday, the RMAFC Chairman insisted that as a responsible agency it aligns with the President’s vision for a more equitable and sustainable fiscal framework.

According to Shehu, reports that the Commission opposed the bills are unfounded are an attempt to stir up unnecessary controversy.

The RMAFC helmsman said the Commission’s stance on the tax reform Bills is clear, stressing that it is essential to rely on factual information to avoid spreading misinformation.

He said, “As a Commission, we urge the public to disregard these baseless reports and rely solely on official documents and statements. We also implore the media to uphold the sacred standards and ethics of their noble profession. Let us collectively eschew fake news and instead, seek truth, accuracy, and fairness in all our reporting.

“It is disheartening to note that despite our explicit support for the proposed legislation, some people have chosen to peddle falsehoods for reasons best known to them. These inaccurate statements can undermine the ongoing efforts of patriotic Nigerians who are tirelessly working to support the President in achieving his vision for the country.

“As a responsible and patriotic institution, the RMAFC has been actively engaged in the reform process. We have drafted a comprehensive memorandum outlining our position, which emphasizes adherence to global best practices. We applaud President Tinubu’s strong commitment to repositioning Nigeria’s revenue base and his bold initiatives to address the country’s fiscal challenges. The proposed tax reform bills are a significant step towards integrating untapped revenue sources, enhancing Nigeria’s revenue-to-GDP ratio, and positioning the country favourably among nations with high fiscal performance.

Once again, we reiterate our total support for the tax reform, which aligns with our goal of helping the President in his ongoing fiscal reforms. We acknowledge our responsibility to provide professional guidance whenever necessary and pledge to continue working tirelessly to support the President’s vision for a more prosperous Nigeria.

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