Tinubu Opens Reps Retreat on Economic, Tax Reforms

Few days after hosting a national dialogue on Policing, the House of Representatives is to hold a two-day retreat on economic transformation and development to strengthen the capacity of members on economic development and tax reform.

Spokesman of the House, Akin Rotimi (APC, Ekiti) said the retreat which is expected to be declared open by President Bola Ahmed Tinubu on Tuesday, April 30 will hold at the Abuja Continental Hotel (formerly Abuja Sheraton).

Rotimi said the theme of the retreat, which is organised in collaboration with Nigerian National Petroleum Company Limited (NNPCL), Federal Inland Revenue Service (FIRS) and Konrad-Adenauer Stiftung, will be “Navigating change: Legislative strategies for economic transformation.”

He said the initiative is to collaborate with legislative support institutions and partners to sustain capacity development programmes for Members.

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According to him: “In alignment with its Legislative Agenda which prioritises Economic Growth and Development, the People’s House acknowledges the crucial role of the legislature in shaping the economic trajectory of a nation, as well as influencing the economic environment (directly and indirectly) through its lawmaking and oversight powers.

“Thus, this retreat is designed to further deepen the understanding of Members on the significance of the Petroleum Industry Act in transforming the oil and gas sector. Objectives also include exploring parliament’s role in tax reforms, and the importance of effective oversight in public financial management and tax administration, among others”.

Stakeholders expected at the 2-day retreat include Group CEO, NNPCL, Mele Kolo Kyari; Senator Heineken Lokpobiri; Hon. Minister of State for Petroleum Resources, Oil & Gas, Dr. Orji Ogbonnaya Orji; Executive Secretary, NEITI and Dr. Musa Adamu Aliyu; Chairman, ICPC.

Others are Taiwo Oyedele; Chairman, Presidential Fiscal Policy and Tax Reforms, Mr. Zacch Adedeji, FCA; Chairman, FIRS, Wale Edun; Minister of Finance, Senator Abubakar Atiku Bagudu, CON; Minister of Budget and National Planning, and Dr. Olayemi Cardoso, Governor of the Central Bank of Nigeria.

Senate President, Senator Godswill Akpabio; former Speakers of the House, Aminu Bello Masari; Patricia Olubunmi Etteh; Yakubu Dogara and Femi Gbajabiamila who is also the Chief of Staff to the President will also be part of the event.

Rotimi said the event will feature panel and interactive sessions that will equip participants with practical tools and strategies to effect meaningful legislative and oversight work.