Table of Contents
President Tinubu Highlights Tax Reforms as Catalyst for Economic Stability and Growth
President Bola Ahmed Tinubu has emphasized that the tax reforms implemented under his administration are strategically crafted to alleviate the financial pressures on Nigerian citizens while steering the nation’s economy toward sustainable development. Speaking at the 8th Annual Senator Abiola Ajimobi Roundtable, co-hosted with the Institute for Peace and Strategic Studies at the University of Ibadan, the President underscored the positive impact of these fiscal policies.
Represented by Dr. Zacchaeus Adedeji, Executive Chairman of the Federal Inland Revenue Service (FIRS), President Tinubu noted that the recent economic initiatives are already producing tangible benefits. He highlighted that several companies, which had previously reported losses, are now experiencing profitability, signaling a turnaround in the business environment.
Tax Policy Reforms: A Pathway to Economic Relief and Stability
The President reassured Nigerians that the newly enacted tax laws are designed to provide substantial economic relief in the upcoming fiscal year. He stressed that these reforms are essential to dismantle the heavy financial burdens that have long hindered economic progress and to stabilize the national economy. Tinubu encouraged citizens to embrace these changes with confidence, emphasizing that the policies are crafted with the nation’s long-term prosperity in mind.
Remembering Senator Abiola Ajimobi: A Legacy of Leadership and Development
In paying homage to the late Senator Abiola Ajimobi, former Governor of Oyo State, President Tinubu described him as a distinguished son of Ibadan whose leadership brought peace, development, and structural governance to the state. Ajimobi’s tenure was marked by breaking the so-called “second-term jinx” in Oyo State, setting a precedent for political stability.
Tinubu attributed much of the All Progressives Congress (APC)’s enduring influence in Oyo State to Ajimobi’s people-centered leadership approach. He called on APC leaders within the state to uphold unity as the highest tribute to Ajimobi’s memory, reinforcing that cohesion is vital for continued progress.
Foundation’s Role and New Ambassador’s Vision
Dr. Chief (Mrs) Florence Ajimobi, President of the Senator Abiola Ajimobi Foundation (SAAF), expressed gratitude for President Tinubu’s unwavering support of the annual roundtable. She also lauded the innovative leadership of FIRS Chairman Dr. Zacchaeus Adedeji and thanked the dignitaries who attended the event.
Recently nominated as Nigeria’s Ambassador, Dr. Ajimobi pledged to fulfill her diplomatic duties with boldness, integrity, and expertise. She highlighted the roundtable’s theme, which focused on strengthening democracy by addressing the critical roles of the electorate and political parties.
Insights on Democracy and Electoral Reforms
Rt Hon. Abbas Tajudeen, Speaker of the House of Representatives, praised Senator Ajimobi’s governance philosophy, which emphasized structure, discipline, and clear direction. He warned that politics devoid of order leads to chaos, a principle that remains crucial for Nigeria’s democratic evolution.
The keynote address, delivered by Professor Ibrahim Gambari-a seasoned diplomat and former Chief of Staff to President Muhammadu Buhari-tackled the theme “Pathways to Electoral Credibility: Reforming Political Parties, Re-engaging Citizens and Restoring Trust in Democracy in Nigeria.” Gambari drew lessons from Nigeria’s electoral history, cautioning against election manipulation and one-party dominance, which historically culminate in instability or military takeovers. He referenced the National Party of Nigeria (NPN) and the People’s Democratic Party (PDP) as examples of such patterns.
Addressing Electoral Challenges and Regional Stability
Professor Gambari identified voter apathy and disenchantment with democracy as significant obstacles to credible elections. He advocated for reforms aimed at lowering political campaign costs, empowering civil society organizations, and strengthening electoral oversight bodies. Gambari also condemned the ongoing disenfranchisement of Nigerians living abroad and highlighted the rising trend of military coups in West Africa, urging enhanced diplomatic efforts and regional cooperation to tackle these issues.
With the 2027 general elections approaching rapidly, Gambari stressed the urgency of implementing these reforms, reminding stakeholders that democracy is a responsibility requiring active participation and vigilance.
Tributes and Calls for Grassroots Impact
Chief Aremo Olusegun Osoba, Chairman of the event, reflected on his longstanding relationship with the late Senator Ajimobi, praising his warmth and dedication to public service. He expressed confidence in Ambassador Florence Ajimobi’s ability to excel in her new role. Osoba reaffirmed that civilian governance remains Nigeria’s best path forward and urged policymakers to prioritize initiatives that deliver tangible benefits to ordinary citizens, particularly in light of subsidy removals. He highlighted elite failure as a persistent challenge undermining democratic progress.
Governor Hope Uzodinma of Imo State, also Chairman of the Progressive Governors’ Forum, described the roundtable as a fitting tribute to Ajimobi’s legacy and commended Ambassador Ajimobi’s appointment. He emphasized the responsibility of Nigeria’s elite to safeguard democracy and noted the country’s role as a catalyst for change since 2023.
Governor Seyi Makinde of Oyo State, represented by Deputy Governor Chief Bayo Lawal, congratulated Florence Ajimobi on her ambassadorial nomination. He affirmed that the governance principles established by the late Governor Ajimobi continue to influence Oyo State’s administration, underscoring his enduring legacy of effective leadership.
Event Highlights and Notable Attendees
The event featured the presentation of an award to President Bola Ahmed Tinubu and a ceremonial cake cutting. Established in 2018, the Senator Abiola Ajimobi Roundtable convenes annually on December 16 to commemorate the late governor’s birthday and foster intellectual discourse on democratic governance and policy development.
Distinguished guests included Ogun State First Lady Mrs. Bamidele Abiodun; former Deputy Governors Moses Alake Adeyemo, Engr. Remi Olaniyan, and Iyiola Oladokun; Minister of Power Chief Adebayo Adelabu; Senators Sarafadeen Abiodun Alli, Yinus Akintunde, and Teslim Folarin; Hon. Remi Oseni; Hon. Tolulope Akande-Sadipe; Chief Biodun Sobanjo (OON); Chief Akin Oke; University of Ibadan Deputy Vice-Chancellor Prof. Juwon Adetiba; traditional rulers such as the Soun of Ogbomosho Oba Ghandi Olaoye and Oba Biodun Kola-Daisi; among other prominent stakeholders.
