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Reps hold two-day retreat on economy, tax reforms

Reps hold two-day retreat on economy, tax reforms Published By: Paul Dada

The House of Representatives is set to hold a two day retreat on economic and tax reforms.

The event scheduled to start on April 30 will hold hold at the Abuja Continental Hotel and is expected to be declared open by President Bola Tinubu.

According to the Spokesman of the House, Akin Rotimi, the event is organised in collaboration with Nigerian National Petroleum Company Limited (NNPCL), Federal Inland Revenue Service (FIRS) and Konrad-Adenauer Stiftung.

He said the event will be themed: โ€œNavigating change: Legislative strategies for economic transformation.โ€

He said: โ€œIn alignment with its Legislative Agenda which prioritises Economic Growth and Development, the Peopleโ€™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.

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โ€œThus, 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 parliamentโ€™s role in tax reforms, and the importance of effective oversight in public financial management and tax administration, among othersโ€.

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Some of the persons expected at the event are 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.

Also expected 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.

Still expected are: Senate President, Senator Godswill Akpabio; former Speakers of the House, Aminu Bello Masari; Mrs Patricia Olubunmi Etteh; Yakubu Dogara and Femi Gbajabiamila.

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