Home » President Tinubu meets economic team to review fiscal policies and tax reforms

President Tinubu meets economic team to review fiscal policies and tax reforms

by John Ojewale
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President Bola Tinubu convened a closed-door meeting with key economic policymakers at the Presidential Villa in Abuja on Monday.

The high-level session included the Minister of Finance and Coordinating Minister for the Economy, Wale Edun; Minister of Budget and Economic Planning, Atiku Bagudu; Minister of State for Petroleum (Gas), Ekperikpe Ekpo; Central Bank Governor; and Federal Inland Revenue Service (FIRS) Chairman Zacch Adedeji.

While the presidency did not release an official agenda, sources familiar with the meeting described it as part of regular briefings where cabinet members update the president on critical developments across economic sectors.

The discussions were believed to focus on strategies to stabilise the economy and implement recent policy changes.

FIRS Chairman Adedeji was expected to present implementation plans for four new tax laws recently signed by President Tinubu, which are scheduled to take effect in January 2026. The tax reforms form part of the administration’s broader agenda to improve revenue generation and streamline fiscal administration.

The Central Bank Governor was anticipated to provide updates on monetary policy measures and exchange rate management, while Ministers Edun and Bagudu likely presented analyses of Nigeria’s current economic performance and projections. The petroleum minister’s participation suggested discussions also touched on gas sector developments and energy policies.

The meeting reflects the administration’s hands-on approach to economic management amid ongoing challenges. Such regular consultations allow for policy coordination between fiscal and monetary authorities, particularly as the government prepares to implement new tax regimes and maintain economic stability. Observers note these closed-door sessions have become characteristic of President Tinubu’s governance style, emphasising direct engagement with technical experts on critical national issues.

No official statements were released following the meeting, but such deliberations typically inform subsequent policy announcements and implementation strategies from the various agencies involved. The gathering underscores the administration’s focus on harmonising economic policies across key sectors to achieve its development objectives.

 

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cc: Daily Post Ng

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