13 February 2013

Nigeria: Ogun Plans to End Multiple Taxation

The Ogun State government has initiated moves to automate and harmonise levies and other taxes payable by companies operating in the state. The State Governor, Senator Ibikunle Amosun, who spoke in Abeokuta, disclosed that the new scheme of tax would soon be published to end the era of multiple taxation in the state.

Amosun also disclosed that his administration had invested massively in road construction, power, security, environment, human capital as well as land reforms in its determined efforts to turn the state into an industrial hub of the country.

The Governor spoke during a breakfast meeting he held with existing and potential investors in the state at the Government House, Oke-Igbein. Seventy-five potential investors and 25 Chief Executives of different companies operating in the state were at the meeting.

He called on local and foreign investors to take full benefits of the enabling environment being created by his government to establish their businesses in the state.

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