Ogun moves to harmonise taxes, levies

PLACE YOUR ADVERT HERE

Ogun State Government says it is working to ensure harmonisation of taxes and levies to reduce the incidence of double taxation that may affect the revenue base of businesses.

The Commissioner for Industry, Trade and Investment, Adebola Sofela made this known during his strategic meeting with the Managing Director of Nestle Nigeria, Wassim Elhusseini.

He said there is need to boost the existing relationship of Ogun State with its various stakeholders, in order to further collaborate and share ideas on areas of common interest.

Sofela said Governor Dapo Abiodun’s administration has been committed to capacity building at all levels, adding that Technical Schools in the State have been upgraded to ensure that companies get required manpower.

The commissioner stated that the present administration in Ogun State had improved the land administration system to enable investors to get title documents without delay to leverage for financing.

According to Sofela, the government is creating new industrial clusters to handle the influx of investors and prepare for the future.

Sofela appealed to the various companies across the three senatorial districts of the State to consider the qualified residents of Ogun State for employment as part of efforts to promote their relationship with host communities.

We are working to ensure harmonisation of taxes and levies to reduce the incidence of double taxation.

“The governor is particularly interested in creating an enabling environment for business to thrive considering the government’s huge investment in security and infrastructure,” he said.

PLACE YOUR ADVERT HERE

Popular Related

Apapa Customs generate N1.2tn revenue in seven months – NCS

The Apapa Port Command of the Nigeria Customs Service has achieved a remarkable feat, generating N1.2 trillion in revenue between January and July 2024. In...

NECA to train youths in ICT

Mr Adewale-Smatt Oyerinde, the Director General of the Nigeria Employers’ Consultative Association, says Nigerians Employer's Consultative Association are set to train 35 youth through...

SEC to unveil plans for capital market

The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama is set to outline the vision for the Nigerian capital market at...

NEPC, Customs engage stakeholders on cross-border tra

The Nigerian Export Promotion Council (NEPC) in partnership with the Nigerian Customs Service (NCS) have concluded a stakeholders’ engagement focused on mainstreaming informal cross-border...

Support Tinubu economic reforms’

Dr. Dominic Joshua, the Chief Executive Officer of Cultivate Africa, a prominent entrepreneur and investment expert, called on Nigerians to exercise patience and restraint...

SEC guidelines made banks’ recapitalisation transparent – DG

Dr. Emomotimi Agama, the Director-General of the Securities and Exchange Commission, said it's guidelines released by the commission prior to the banking recapitalisation exercise...

Pan African Towers announces Oladipo Badru as the new CFO

Pan African Towers,  Nigeria’s leading provider of digital infrastructure, has disclosed the appointment of Oladipo Badru as its new Chief Financial Officer. The appointment was...

Customs must charge duties in naira, says NACCIMA

Following the economical crisis, the Nigeria Association of Chambers of Commerce, Industry, Mines and Agriculture has requested that the duties collected by the Nigeria...

Naira weakens to 1,523/$ at official market

At the official, Nigerian Autonomous Foreign Exchange Market, the naira dropped to 1,523.85 per dollar, increase from the previous close of 1,509.67 to the...

Customs Q1 revenue surpasses N1tn, rice tops N10bn seizures

In the first quarter of 2024 , the Nigeria Customs Service, declared on Wednesday that a 122.35 percent increase while comparing it to the...