Ogun moves to harmonise taxes, levies

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.

Zainab Odunayo
Zainab Odunayo
Zainab Odunayo is a News Reporter at Wakadaily News, specializing in politics and current affairs. With a strong passion for storytelling and a keen interest in social issues, Zainab brings insightful perspectives to her reporting.

Popular Related

SEC, NGX empower retail investors with financial education

Nigerian Exchange Group Plc (NGX Group), in collaboration with the Securities and Exchange Commission (SEC) and other market operators, organized a series of engaging...

Ogun State waste managers laments over unpaid allowances

The Association of Waste Managers of Nigeria (AWMN) chapter in Ogun State made a plea to Prince Dapo Abiodun, the state governor, on Wednesday,...

MTN, Airtel others to block SIMs without NIN Feb 2024

The Nigerian Communications Commission, NCC has urged MTN Nigeria, Airtel and other telecommunications companies to block phone numbers without National Identity Numbers, NIN. Also, those...

FG inaugurates audience measurement initiative for media

The federal government has formally launched the Audience Measurement System for the broadcasting sector to generate accurate and reliable data of television viewers in...

Transcorp plans diversification of services to drive revenue growth

Dupe Olusola, the Managing DirectorChief Executive Officer, Transcorp Hotels PLC, has stated that the company plans on diversifying its services, among other strategies, to...

Currency in circulation rises to N3.87tn – CBN

Following the value of Nigeria's currency in circulation, which has increased to N3.87tn at the end of first quarter in 2024. This is according to...

CITN releases exam results

The Chartered Institute of Taxation of Nigeria, CITN has officially released the results of its October 2024 Diet Examination, marking a significant milestone in...

FHA, states collaborate on 100,000 housing target

The Lagos State government and the Federal Housing Authority (FHA) have promised to synergise and collaborate to provide 100,000 afford­able housing unit across the...

ACCA recognise tax reform panel chair, others

The Association of Chartered Certified Accountants has honoured Taiwo Oyedele the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, and other...

Electricity consumers seek DisCos tariff audit

The House of Representatives Joint Committees on Power, Commerce, Delegated Legislation and National Planning has called on the National Electricity Regulatory Commission (NERC) to...