Ogun Harmonises Company Taxes and Levies

08 Feb 2013

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Governor Ibikunle Amosun

Ogun State Governor, Senator Ibikunle Amosun, has stated that taxes and levies payable by companies operating in the state are being harmonised and automated and would soon be published in order to end the problem of multiple taxation in the state.

He said his government has invested massively in road construction, power, security, environment, human capital as well as land reforms in order to turn the state into the industrial hub of the country.

Amosun disclosed this yesterday in Abeokuta, during a breakfast meeting with existing and potential investors in thw state at the Government House, Oke-Igbein, Abeokuta.

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

Amosun informed the captains of industry, who turned out in large numbers, that his government had purchased 13 state-of-the-art Armoured Personnel Carriers, 240 Hilux vans fitted with modern communication gadgets, among others and observed that the era of  banks not opening for business was over in the state.

According to the him, "Power is crucial to business success. Investors can take advantage of the gas hubs in Olorunsogo, Onijanganjangan, Sagamu and Ota; and we are ready to partner with you to lay pipes to these gas plants."

He expressed his readiness to collaborate with investors to build  power plants and road infrastructure that could be tolled.

The governor cited the partnership the state government has with Shell whereby the government paid 60 per cent and the company contributed 40 per cent to fix a road in Ota.

"We are also fixing some federal roads all in a bid to provide an enabling environment for investments in the state," he said.

The state helmsman told the business executives to pay attention to environmental impact of their operations in order to ensure a safe environment for all.

He explained that the proximity of Ogun to Lagos, its longest border with neighbouring Benin Republic, its deepest sea port and  rich human resources offered any investment in Ogun boundless opportunities in terms of market and returns on investment.

The governor informed investors that the interface of the public  with government functionaries "is now without bottlenecks" and cited the Bureau of Lands and Survey as a good example, whereby land allocation to genuine entrepreneurs could be concluded within two weeks.

The introduction of e-governance in tax administration, according to the governor, makes it possible for tax payers to carry out their transactions without physically going to the tax office because all offices of the Internal Revenue Service (IRS) "are linked to the world-wide web."

Earlier in his welcome address, the state Commissioner for Commerce and Industry, Bimbo Ashiru, said the state has the largest concentration of industries in the country and called on entrepreneurs to be part of the success story of state.

Tags: News, Nigeria, Featured, Ogun, Taxes, Levies

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