A chieftain.of the All Progressives Congress (APC) and President , Southwest Professional Forum, Chief Segun Ajibulu has urged Nigerians to keep faith with the President Bola Ahmed Tinubu’s administration .
Speaking at the 34th edition of his Community Outreach programme organized by the Segun Ajibulu Foundation ,the APC chieftain opined that President Tinubu had introduced many bold reforms aimed at revitalizing the nation’s economy.
At the event held at Ipao-Ekiti,food items and cash gifts worth N30 million were distributed to residents in ten communities in Ikole Local Government ,to support the vulnerable and underprivileged people in the area, particularly the aged ,widows and children.
The occasion attracted religious leaders ,serving and former political.office holders .
The former Senatorial aspirant in Ekiti North Senatorial District said the tax reforms initiated by Tinubu, alongside complementary measures by state governments, represent one of the most significant policy shifts in Nigeria’s fiscal management in recent years.
Ajibulu ,the multiple chieftaincy titles holder expressed gratitude to God Almighty for sustaining the foundation for 34 years. He disclosed that the foundation was established 34 years ago, shortly after the demise of his father.
Ajibulu, former Senatorial aspirant in Ekiti North Senatorial District disclosed that the foundation had awarded scholarships to indigent students and school intervention.
According to him, “what started like little intervention to the people of his immediate community had grown into a bigger programme, where hundreds of people from different communities now enjoy various forms of support.
“This programme is my own little way of giving back to society. I started this 34 years ago, when my father died and to God be glory I have been sustaining it since then. My prayer is that God should give me the grace and resources to be able to do more in the coming years,” Ajibulu said
Some items distributed apart from cash gifts included, Clothes, shoes, Books for students and foodstuffs.
Ajibulu used the.ocassion to commend President Bola Ahmed Tinubu for introducing what he termed bold initiatives and reforms .
The APC chieftain explained that the new tax framework will not negatively affect poor Nigerians, stressing that clear exemptions have been built into the law to shield vulnerable groups.
“This is one of the best things that has happened to this country. The tax law is long overdue. There poopis no way this reform will affect poor people because anyone earning below ₦800,000 annually is not taxable. In addition, there are many essential items and categories of income that are exempt.
“For too long, tax evasion has deprived the country of resources needed for development. These reforms are designed to retain the fair share of revenue due to the government and ensure accountability.
“People need to understand how the system works. Not all money in the bank is taxable. Gifts are not taxable. Transfers to friends are not taxable. Even money returned after a loan is not taxable. There are clear guidelines”.