Billionaire businessman and chairman of First HoldCo, Femi Otedola, says he is inspired to invest more with the new tax reform laws.
This was even as he described the new tax laws signed by President Bola Tinubu as a bold step towards more transparent and investment-friendly economy
In a post on his official X handle on Friday, Otedola, the reforms would reduce complexity, promote fairness, and restore confidence in how revenues are collected and used.
The billionaire businessman also applauded everyone who contributed to the achievement.
According to him, it was not just about paying taxes but building a system where taxes and other public resources fund infrastructure, unlock productivity, and fuel inclusive growth.
“As a business leader, I welcome the signing of the tax reform bills into law by His Excellency, President Bola Ahmed Tinubu, GCFR.
“The new Tax Reform Laws are a bold, necessary step toward a more transparent, efficient, and investment-friendly economy.
“This is how we build a stronger private sector and a more prosperous Nigeria. Kudos to everyone who contributed to this landmark achievement for Nigeria. I am inspired to invest more, and many other investors share the same sentiment,” he said.