Ogun Stops Multiple Taxes
The Ogun State Government has harmonized various tolls and levies, which manufacturers and transporters operating in the state pay to different ministries for ease of business.
The Ministries include Commerce and Industry, Environment, Forestry and Agriculture, which collect levies on produce, logs and timbers, raw materials, finished goods and industrial wastes.
The Manufacturers Association of Nigeria (MAN), the Nigerian Association of Chambers of Commerce, Industries, Mines and Agriculture (NACCIMA), truck and trailer drivers are among those who have consistently complained about multiple taxes by various government agencies.
Speaking on the development, the Commissioner for Finance, Adewale Oshinowo, declared that proper documentation and easy payment process must be done for both corporate bodies and individuals. This will save huge funds wasted to multiple toll collection and taxes as the government has created a one-stop shop for all fees and charges by Ministries, Departments, and Agencies (MDAs).
Oshinowo explained that the cumbersome nature of the existing payment methods where tax payers would pay to each ministry separately at numerous toll points was unconventional and โnot helping business to thrive.
Consequently, the new toll regime would have designated points across the 57 Local Governments and Local Council Development Areas of the State.โ
He said arrangements had been made for corporate organizations that might want to pay quarterly, biannually or annually.
โOgun State is now the preferred choice for business location, so we cannot afford to do things the old way. The new system of toll payment will further ease the movement of raw materials and finished products from and into the State without delay at toll points,โ the Commissioner said.
He added, โOfficers from the Ministries of Agriculture, Environment, Forestry, and Commerce are presently on evaluation tour to all the existing toll points across the State. Their report will be used in identifying the points for the new harmonized system.โ
Source: The Guardian
