29 August 2017

Nigeria: Ogun Stops Multiple Taxes

Abeokuta — The Ogun State Government has harmonised 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.

As a result of the harmonisation, the State Government now approves and issues customised stickers to manufacturers and transporters as a way of curbing any multiple dues.

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 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 "not 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."

He said arrangements had been made for corporate organisations that might want to pay quarterly, biannually or annually.

"Ogun 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," the Commissioner said.

He added, "Officers 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 harmonised system."


Ebola Scare - Airports On High Alert, Screen Passengers to Prevent Spread

Airport facilities and medical structures that served Nigeria in the aftermath of the 2014 Ebola virus disease outbreak… Read more »

See What Everyone is Watching

Copyright © 2017 The Guardian. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 800 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.