Sanwo-Olu Addresses Tax Reform Concerns: How All Regions Benefit Equally
Governor Babajide Sanwo-Olu of Lagos State has responded to claims that Lagos will disproportionately benefit from the recent tax reforms in Nigeria, countering the assertion by stating that “all of us will play better.”
This statement came in the context of ongoing debates surrounding the tax policy changes introduced by the federal government.
Sanwo-Olu emphasized that the reforms were designed to enhance the overall economic environment, with benefits spread across the country rather than concentrating solely on Lagos.
While Lagos, as Nigeria’s commercial hub, is expected to see certain advantages from the reforms, especially in terms of business activities and revenue generation, the governor reiterated that the improvements would be felt nationwide.
He reassured critics and stakeholders that the reforms aim to foster a more equitable and sustainable economic system, ensuring that all states and regions of Nigeria could benefit from an improved tax system.
The remarks are part of ongoing efforts to navigate public concerns over potential imbalances in the distribution of resources under the new tax framework.