North wont be impoverished by tax reforms, presidency assures Nigerians

Nigeria's presidency has assured that tax reform bills passed by the National Assembly will benefit the entire country, not just the southern states of Lagos and Rivers, in a statement released on Monday. The measures aim to redistribute revenue from one region to another without specifying how the funds would be allocated.

In a statement released by the Presidency on Monday, officials assured Nigerians that tax reform bills currently before the National Assembly will not unfairly benefit Lagos and Rivers states at the expense of northern regions. The administration emphasized that the proposed changes are designed to ensure equitable distribution of resources and promote national development across all states. According to the statement, the government's priority is to alleviate poverty and reduce inequality, rather than favoring specific regions or states. By adopting these tax reforms, the presidency aims to create a more inclusive economic environment for the country's diverse population.