Dogara Criticizes Tinubu's Economic Inheritance; Bagudu Urges 100bn Investment for Nigeria's Development

Former Speaker of the House of Representatives, Hon. Yakubu Dogara, stated that President Bola Tinubu inherited an economic "debris" upon assuming office in May 2023.

Dogara highlighted the significance of the Nigeria Tax Act 2025, describing it as a shift towards a modernized consolidated tax system aligned with international standards. On the other hand, Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, warned that Nigeria needs to attract at least 100 billion in combined public and private investments annually to achieve its development goals outlined in the Agenda 2050 framework.

Both Dogara and Bagudu emphasized the importance of bold reforms and stronger synergy between the legislature and executive to enhance Nigeria's global economic competitiveness.