Trading

Minister vows to end multiple taxations in Abuja

The Federal Capital Territory Inland Revenue Service (FCT-IRS) has put measures in place to end the era of multiple taxations in Abuja.

The FCT Minister, Malam Mohammad Musa Bello, made this known during a courtesy visit of a delegation from the Nigerian Employers Consultative Association � NECA, in Abuja.

The Minister revealed that one of the quick wins expected from the recently reconstituted Federal Capital Territory Internal Revenue Service (FCT-IRS) is to eliminate multiple taxations in the Territory and harmonize all taxes payable to government.

Malam Bello noted that the issue of multiple taxations has been of great concern to various business entities in the FCT including NECA, adding that eliminating it would enhance the ease of doing business in the FCT.

He expressed optimism that the initiative by the FCT Administration to create a one-stop window for all taxes would key into the Federal Government’s programme of improving the position of Nigeria on the World Bank Ease of Doing Business Index, which he noted, has been improving positively recently.

While we partner with the Chambers of Commerce, Manufacturers Association, and other stakeholders, we will also include you in the team that is working on this harmonisation, he added.

Malam Bello commended the group for their contributions towards the making of Abuja, noting that the History of Abuja cannot be written without acknowledging the efforts of all your members.

Earlier, the leader of the Group, Alhaji Mahmud Othman informed the Minister that NECA is the umbrella body of all employers of labour in the country which has been in existence for over 60 years since it was founded.

He commended the Minister for the noticeable progress which FCT has been recording since his assumption of office, urging him to keep up the good work.

Alhaji Mahmud Othman however expressed concern over the multiplicity of vehicular stickers being produced by the different Area Councils in the Territory which he said has entailed a lot of inconvenience for the association’s members.

He therefore appealed to the Minister to see to it that these taxes are harmonised since the FCT is one Territory.

Source: Voice of Nigeria