Minister of the Federal Capital Territory (FCT), Malam Muhammad Musa Bello has given marching order to the Inland Revenue Service (IRS) to end the regime of multiple taxation in the territory.
The minister, who spoke today, Tuesday when he recieved a delegation of the Nigerian Employers Consultative Association (NECA), in his office, said that the quick wins expected from the reconstituted IRS will be the elimination of multiple taxations in the Territory and harmonization of all taxes payable to government.
Musa Bello said that the issue of multiple taxations has been of great concern to various business entities in the FCT, including NECA, adding that eliminating the menace would enhance the ease of doing business.
The Minister 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’s “Ease of Doing Business Index.”
“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 harmonization.”
Musa Bello commended the group for its contributions towards the making of Abuja, saying that the history of Abuja cannot be written without acknowledging the efforts of all your members.
Speaking earlier, the leader of the NECA, Alhaji Mahmud Othman said that the body has been in existence for over 60 years.
He commended the minister for the noticeable progress which FCT has been recording since his assumption of office, advising him to keep up the good works.
Alhaji Mahmud Othman however expressed concern over the multiplicity of vehicle stickers which are being produced by different Area Councils in the Territory. He appealed to the minister to harmonize these form of taxes. [myad]
