The Nation Newspaper Tinubu seeks partnership with NASS to grow Nigeria's economy
Declaring the retreat for Senators on Fiscal Policy and Tax Reforms open at Four Points Hotel by Sheraton, Ikot Ekpene on Thursday, October 19, Tinubu said it was unacceptable that 65 percent of Nigerians, representing 84 million people were multi-dimensionally poor.
“I cannot do this alone, there has to be a team network and of course legislators. The Senators have a key role to play. Akpabio said the opportunities given to government agencies to generate revenue and send pittance to the Federal Government was null and void as it was not in tandem with the Constitution of the Federal Republic of Nigeria.
On his part, the Deputy Senate President, Barau Jibrin said fiscal policy and tax reforms that guarantee the nation’s survival should be central to Nigeria’s policies and governance as long as it does not add to the economic woes of the citizens. He said: “The gap between the Federal Government’s revenue and expenses has grown four times larger between 2015 and 2021. In 2023, for instance, the expected budget deficit is over N10 trillion, which is mainly being funded through borrowing.
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