President Bola Tinubu said on Thursday that recent government policies are not meant to punish Nigerians but are necessary interventions to prevent the economy from collapsing
Tinubu made this known at the 55th Annual Conference of the Nigerian Institute of Estate Surveyors and Valuers (NIESV) in Abuja.
The president was represented by the Minister of Housing and Urban Development, Ahmed Dangiwa.
Dangiwa was, in turn, represented by Dr Edna Tobi, Special Assistant for International Cooperation and Partnership in the Ministry.
The conference’s theme was, “Transform, Invest, Drive: Optimising Real Estate Finance and Taxation.”
It brought together stakeholders to deliberate on the intersection of real estate and fiscal policy.
The president said that the administration was committed to diversifying the economy and expanding revenue sources.
This, he said, informed the government’s drive to implement policies that enhanced income from taxation while upholding fairness and transparency.
“Our decision to reform Nigeria’s tax system and fiscal policy was deliberate and strategic,” he said.
“It was a courageous and bold move aimed at addressing the suffocating economic challenges facing the nation.”
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