The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has denied reports suggesting it is opposing President Bola Tinubu’s proposed tax reform bills, describing the claims as “grossly misleading, false and malicious.”
RMAFC Chairman Mohammed Bello Shehu said that the commission is fully engaged in the reform process and is aligned with President Tinubu’s vision for an equitable and sustainable fiscal framework.
He also noted the importance of the proposed tax reform bills in addressing Nigeria’s fiscal challenges.
“We applaud President Tinubu’s strong commitment to repositioning Nigeria’s revenue base through bold initiatives. 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,” Shehu said during a press briefing in Abuja on Tuesday.
Shehu also spoke on concerns surrounding Value Added Tax (VAT) allocation and derivation and assured Nigerians of the Commission’s proactive involvement in ensuring that global best practices guide the reform process.
“As a responsible and patriotic institution, we have submitted a comprehensive memorandum that emphasises adherence to global best practices. This position aligns seamlessly with Mr. President’s vision,” he added.
Shehu condemned the spread of misinformation, emphasizing that the RMAFC has never opposed the bills but has instead provided professional advice to support their refinement.
He called on Nigerians to disregard baseless reports and urged the media to uphold ethical standards in their reportage.
“It is disheartening to note that, despite our explicit support for the proposed legislation, some individuals have chosen to peddle falsehoods for reasons best known to them,” he said.
“These inaccurate statements can undermine the ongoing efforts of patriotic Nigerians tirelessly working to support the President’s vision for the country.”
The Chairman further explained that the proposed tax reform bills are currently undergoing consultations, with inputs being sought from expert bodies.
He cautioned against misinterpretation or misrepresentation of professional advice during this process.
“The Commission is a critical stakeholder in Nigeria’s fiscal framework, and we take our responsibility to provide expert advice seriously. We have been working closely with the National Assembly to ensure the proposed legislation is robust, effective, and aligned with global best practices,” he said.
He noted that the proposed bills aim to promote fiscal equity, reduce tax evasion, and increase revenue generation—objectives that align with the RMAFC’s mandate.
However, he acknowledged concerns about potential impacts on businesses and individuals, assuring stakeholders that the Commission remains committed to addressing these through constructive engagement.
Shehu stressed the importance of relying on factual information to avoid unnecessary controversies and called on all Nigerians to support the president’s bold fiscal reforms.
“At this critical juncture, the President needs the support of all Nigerians. Let us work together to support his vision for a more prosperous Nigeria,” he noted.
[Guardian]