The Senate has commenced a two-day public hearing on proposed tax reform bills, bringing together key stakeholders from the nation’s economic and financial sectors.

Among those in attendance are the Minister of Finance and Coordinating Minister of the Economy, Wale Edun; the Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji; the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari; members of the Federal Executive Council; heads of relevant agencies; and the Comptroller General of Customs, Adewale Adeniyi, among others.

Chairman of the Senate Committee on Finance, Senator Sani Musa, assured that the process would be transparent and guided by national interest.

He emphasised that the hearing aims to review and reform the country’s tax laws to align with current economic realities. According to him, the proposed reforms are designed to ensure equity, fairness, and inclusivity while eliminating inefficiencies in existing tax policies.

Senator Musa called on all stakeholders and members of the public to actively participate in the discussions, stressing the importance of collective contributions in shaping a tax system that fosters economic growth and national prosperity.