Osun State Governor Ademola Adeleke has pledged that his administration will implement reforms related to the New Tax Acts to benefit residents and businesses in the state.
Governor Ademola Adeleke of Osun State has assured residents of his commitment to transforming increased revenue from new tax laws into significant enhancements across vital economic sectors. During the opening of a three-day retreat focused on the implementation of the New Tax Acts, held in Osogbo, Adeleke emphasized the importance of collaboration among government officials, private sector participants, and other stakeholders. He called for responsible engagement to ensure the successful rollout of these new tax initiatives.
The governor was represented by Teslim Igbalaiye, the Secretary to the State Government, who reiterated that the New Tax Acts would not impose excessive burdens on citizens or businesses. Instead, Adeleke highlighted that the reforms are aimed at fostering fair taxation while also expanding the state's revenue base. This approach is designed to ensure that the benefits of increased revenue are felt directly by the people of Osun, thereby improving the overall economic landscape of the state.
Adeleke described the retreat as both timely and necessary, noting that it serves as a platform for sharing insights among various stakeholders on effectively implementing the tax reforms. By aligning government strategies with private sector needs, the administration hopes to create a balanced and conducive business environment. The governor's commitment to transparency and fairness in tax matters strives to enhance public trust and promote a pro-business atmosphere in Osun State.
