We introduced efficiency, not new taxes, says Kwara Governor

Date: 2017-06-14

The Kwara State Governor, Alhaji (Dr.) Abdulfatah Ahmed has reiterated that the government has neither introduced new taxes nor increased existing ones but has rather improved the efficiency of tax collection.

The governor made the emphasis in Ilorin, the State capital at a recent interactive session with Journalists. He also debunked the claims of multiple taxation by some organizations in the state.

Alhaji Ahmed disclosed that there has been an increase in the amount of revenue generated internally from N500M monthly to about N1.5B due to a change in the people, processes and technology of revenue collection and management which curbed previously high levels of tax evasion.

On the issue of new tax reforms being proposed by the State government, the governor noted that the bill has been presented to the State House of Assembly and has been subjected to a public hearing. He explained that no company has left the State and none would leave on the basis of tax as there are "platforms of agreement, negotiations, and waivers where necessary."

Governor Ahmed noted further, that Kwara has highly enabling environment for businesses and manufacturers to operate. To boost entrepreneurship, he said the State Government is proposing a 5 year tax holiday to pioneer Small and Medium Enterprises (SMEs) in the state.

Source

Click to add/read Comments


Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Ilorin.Info     Rex Olawoye     Muideen Olaniyi Alalade     AIT Ilorin     Akorede     Kawu     Alfa Modibbo Belgore     Matthew Babaoye     Awili Pedro     Abdul-Rasheed Na 'Allah     Toyin Saraki     Kwara Politics     Bankole Omisore     Kwara Hotel     Police Commissioner     Vasolar     Iyiola Oyedepo     Bukola Saraki     Sanusi Abubakar     Saadu Alanamu     Uith     Salake     Esuwoye     Bola Shagaya     Ayodele Kuburat Olaosebikan     Bond     Code Of Conduct Bureau     Kwara North     Bature Bello     Gbugbu     Diagnostic Centre     Sa'ad Alanamu     Abdulwahab Oba     Abdullahi G. Mohammad     JAAC     Ibrahim Oniye     Dogara     Kannike     Photo News     Press Release     Omu Aran     Alao Ayotunde     High Court     KSIRS     Government House     Mohammed Tunde-Jimoh     Borgu     Musa Ayinla Yeketi     Kanu Agabi     Abdul-Rasheed Na'Allah     Goodluck Jonathan     Kazeem Adekanye     Sarah Jubril     Ishola Abdullahi     Ibrahim Kayode Adeyemi     Belgore     Abdulrasheed Okiki     Olusola Saraki     Femtech     Oloye     Bio Ibrahim     Moses Afolayan     Olatunji Moronfoye     Alaiye     QuickWin     Sandal     Na'Allah     Hajj     Mustapha Olanipekun     Shehu Jimoh     Ayedun     Mustapha Akanbi     Olusegun Adeniyi     Baruten     Offa     Adam Abdullahi Al-Ilory     Lai Mohammed