Dynamic Builder Progressive Initiative Commends President Tinubu’s Reforms
The Director General of the Dynamic Builder Progressive Initiative, Engr. Anthony Adeola, has lauded President Bola Ahmed Tinubu for the impactful reforms his administration has embarked upon since assuming office. Speaking at a gathering of the organization, which included stakeholders like Paul Mamman, Eric Adile and Yinka Adegoke, Engr. Adeola identified two significant reforms worthy of emphasis: local government autonomy and the new tax reform bill.
Local Government Autonomy: A Grassroots Revolution
Engr. Adeola highlighted local government autonomy as a transformative step capable of reshaping governance and socio-economic development at the grassroots level. This reform, he noted, addresses the decades-long stifling of local governments’ independence and their ability to effectively serve their communities.
By granting financial and administrative independence to local governments, communities across Nigeria stand to witness accelerated development. Grassroots empowerment could translate into better roads, schools, healthcare facilities, and agricultural initiatives tailored to local needs. Furthermore, local government autonomy is poised to create opportunities for youth engagement and employment by enabling more focused investments in skill development, entrepreneurship, and small-scale industries at the community level.
Additionally, the reform could deepen Nigeria’s fiscal federalism by promoting accountability and transparency in the management of resources. When local governments directly manage their funds, it eliminates the bottlenecks associated with centralized disbursement, allowing for the rapid implementation of projects and services. This measure fosters a governance model where decisions are made closer to the people, thereby increasing citizens’ trust in government institutions.
The Tax Reform Bill: Balancing Regional Concerns and National Growth
Engr. Adeola also discussed the current tax reform bill, acknowledging its mixed reception across the country. While some stakeholders see the reform as an equitable approach to enhancing revenue generation, others have raised concerns about its regional implications. Despite the debate, the benefits of this reform cannot be overlooked.
The tax reform bill seeks to modernize and harmonize Nigeria’s tax system, making it more efficient and equitable. By simplifying tax collection processes and addressing loopholes, the reform has the potential to significantly boost revenue for all tiers of government. Local, state, and federal governments will be better equipped to fund critical infrastructure, education, and healthcare, thereby improving the quality of life for citizens.
Moreover, the reform emphasizes fairness by targeting previously untapped sectors of the economy, ensuring that every region contributes its fair share to national development. This equitable distribution of tax responsibilities could reduce the over-reliance on oil revenue, thereby promoting economic diversification.
For Nigeria’s democracy, a transparent and efficient tax system enhances citizens’ willingness to contribute to national development. It strengthens the social contract between the government and the governed, fostering a culture of accountability and good governance.
In conclusion the Deputy Director General Paul Mamman commended President Tinubu for his visionary leadership in pursuing reforms that have the potential to redefine Nigeria’s governance landscape. Local government autonomy promises to empower grassroots communities and deepen fiscal federalism, while the tax reform bill lays the groundwork for a more robust and equitable economic system. Together, these reforms underscore the administration’s commitment to inclusive governance and sustainable development.
