Otedola highlighted the benefits of new tax laws on the Nigerian economy

Billionaire entrepreneur Femi Otedola has described the recent signing of the tax reform bill into a law by the Tinubu Bola President as a brave step towards making the Nigerian economy more transparent, efficient, and investment friendly.

He made this known in a post on the official X grip on Friday, June 27, 2025.

“As a business leader, I welcome the signing of a tax reform bill to be a law by His Majesty, Bola President Ahmed Tinubu, GCFR.

“The new tax reform law is a brave step and needs to go to a more transparent, efficient, and investment-friendly economy,” said Oyedola.

According to him, reforms will reduce complexity, promote justice, and restore trust to how income is collected and used.

Also Read: Dalori Appears APC Acting National Chair

He also praised all those who contributed to achievements.

“This is not only about paying taxes. This is about building a system where taxes and other public resource fund infrastructure, unlock productivity, and fuel inclusive growth.

“This is how we build a stronger and more prosperous private sector. Kudos to all those who contribute to this important achievement for Nigeria. I am inspired to invest more, and many other investors share the same sentiment,” he added.

He said it was very satisfying that the president allowed broad -based consensus by welcoming input and criticism from various groups.