President Bola Ahmed Tinubu has introduced the National Institute for Legislative and Democratic Studies (NILDS) as a component of the presidential committee focusing on fiscal and tax reforms.
NILDS stands out as one of the world's foremost institutions for academia and research, dedicated to sustaining a dynamic and effective Legislature in Nigeria and the ECOWAS sub-region.
This was contained in a statement released on Friday by Joke Akinsami, Deputy Director, information/ communication of the organization.
The committee, which consisted of experts from both the private and public sectors, was inaugurated on Tuesday.
Under the leadership of Taiwo Oyedele, a tax and policy expert, the committee is anticipated to present achievable tax reforms within a 30-day timeframe.
Oyedele highlighted that the committee's composition was meticulously crafted to ensure a diverse range of profound knowledge, strong expertise, and extensive representation from key stakeholder groups across various geopolitical zones.
The committee's responsibilities encompass diverse areas, including tax law reforms, the design and coordination of fiscal policies, tax harmonization, and revenue administration.
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