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Analysts Seek Effective Implementation Of Fiscal, Tax Reforms

LEADERSHIP News by LEADERSHIP News
1 year ago
in Business
tax reform
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Agusto & Co, a Pan-African credit rating and research agency, has provided insights on ongoing tax reforms and outlook for the domestic economy.

Industry leaders, policymakers, and economic experts converged on Agusto & Co’s 2025 Economic Roundtable to discuss critical issues shaping the African economy, with a particular focus on Nigeria’s economic trajectory.

Held in honour of the late Olabode Agusto, the roundtable provided an in-depth analysis of trends, policy developments, and investment opportunities shaping Nigeria’s economic landscape. Thought-provoking discussions explored banking, finance, manufacturing, energy, and regulatory reforms critical to business and investment growth in 2025.

Speaking at the event, managing director, Agusto & Co., Yinka Adelekan emphasised the importance of fostering a deeper understanding of Nigeria’s economic realities and leveraging credible insights to drive sustainable growth.

“As Nigeria navigates an evolving economic climate, it is crucial for businesses and policymakers to engage in meaningful dialogue.

“This economic roundtable provides an essential platform to navigate the challenges and opportunities ahead, shaping our collective economic future,” he said.

Reflecting on the legacy of the founder, Mr. Olabode Agusto, Adelekan further stated, “Mr. Agusto’s contributions to the financial and macroeconomic space were unparalleled. His wisdom, vision, and leadership left an indelible mark on the industry.

In this era of macroeconomic reforms, his voice would have been invaluable to the discourse.

“Through this discussion on Nigeria’s current tax reforms and their impact on households, businesses, and the country, we honor his legacy and the profound impact he made.”

Chairman of Agusto & Co, Fola Adeola stated, “the unification of exchange rates and the removal of subsidies are bold and necessary steps towards a stronger economy. Now, the focus must be on effectively implementing these policies to ensure they deliver significant benefits for all Nigerians.”

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Also, Agusto Consulting (a wholly owned subsidiary of Agusto & Co), led by Jimi Ogbobine presented the Nigeria Macroeconomic brief 2025-2027, offering an in-depth analysis of key uncertainties, external sector trends, fiscal policies, and inflation projections shaping the nation’s economic trajectory.

Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele examined the impacts of ongoing tax policy changes on businesses and households, highlighting the critical role of fiscal reforms in fostering economic growth and competitiveness.

The event featured a dynamic panel session where industry experts and policymakers engaged in insightful discussions on Nigeria’s economic outlook, regulatory landscape, and investment climate.

The event also provided networking opportunities, fostering collaborations among key stakeholders shaping Nigeria’s economic landscape.

Agusto & Co. remains committed to providing valuable research and insights to support businesses and investors navigating the dynamic Nigerian market.

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