Fidelity bank banner Bayelsa State banner
Manufacturers threaten to sue Kwara over 22nd tax

By News Express on 03/06/2017

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 628

•Governor Ahmed.
•Governor Ahmed.

There seems to be no love lost between the manufacturers in Kwara and the State Government over the plan of the government to introduce new tax called manufacturers processing levy bill which the manufacturers consider too many.

While the businessmen have threatened to relocate to other states or sue the government, the governor has insisted he has done enough to provide a conducive environment for various tax holidays.

The Kwara State Government had, in order to further increase its internally generated revenue, sent a bill known as the Manufacturers Processing Levy Bill, to the state House of Assembly where a public sitting was held to get the input of the stakeholders.

Members of the state chapter of the Manufacturers Association of Nigeria, who believe they will be mostly affected by the bill, were not satisfied with the outcome of the hearing.

At a press conference, they described the State Government’s move as an effort to kill businesses.

The bill, they argued, did not have the inputs of professional bodies as required by law, wondering why enabling environment was not created by the government before introducing another tax despite paying 21 taxes.

They wondered why an enabling environment was not created by the government before the introducing another tax, even though they were already paying 21 taxes.

While pleading with the State House of Assembly not to pass the bill, the manufacturers said it could lead to the relocation of their businesses to nearby states.

Reacting to the plea of the manufacturers in a meeting with journalists to mark the 50th anniversary of the state, the Governor Abdulfatah Ahmed denied introducing new tax adding that no multiple taxations in the state but increased efficiency in the collection.

Commenting on the proposed bill, he asked those against it to wait for the outcome of the deliberations as the state legislature and the government have provided an enabling environment for businesses to grow in the state. (Channels TV)

Source News Express

Posted 03/06/2017 12:47:44 AM


Share on facebook Yahoo mail icon Gmail icon Share on Google+



REVEALED: 3 natural ways to get stronger erections, last 25 minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...


You may also like...
Judges implicated in DSS raid resume sitting in...

Bloodbath as troops battle Boko Haram insurgents

Nigerian Governor declared wanted in the UK for...

ICAEW, ICAN to strengthen the accountancy profession in...

NUC approves University of Ibadan School of Business...

Nigeria to export 400 locally made vehicles to...

Pastor who chained 9-year-old son lands in police...

BREAKING NEWS: Militants blow up Shell and Agip...

FG establishes job creation centre in Akwa Ibom...

Education solution to Nigeria’s challenges: Okowa, Ekweremadu

Biafra Youth League announces 2017 programmes

The Danjuma Protocol


Latest News Gunmen abduct, gang-rape 5 activists at gunpoint UPDATE: DSS Operatives storm Senator Abaribe's Abuja home 9 Shiite members in police net over killing of policeman Judge’s withdrawal stalls Innoson’s arraignment 2 siblings docked over alleged kidnap of 3-year-old boy Police lied; we didn’t attack anyone — Islamic Movement of Nigeria 14 docked for cultism, arms possession in Ogun Oyo Govt seals 50 companies over non-payment of tax Court refuses to order forfeiture of funds in accounts without BVN Don’t allow politicians to use you, CJN advises judges Buhari salutes Super Eagles over their victory against Iceland, urges them to defeat Argentina Atiku visits PDP Secretariat, reiterate commitment towards a better Nigeria


Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (352,593 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (352,123 views) Shameless Genevieve Nnaji exposes breasts in public (280,546 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (230,333 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (209,209 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (209,004 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (182,002 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (164,146 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (154,019 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (148,783 views) Lagos plane crash: Journalist releases victims’ names (143,986 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (135,787 views)


Categories Advertorials (3) African Press Organisation (81) Art & Literature (50) Business & Economy (3,263) Business Verdict (44) Columnists (871) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (505) Features (607) Global Business Monitor (284) International (2,047) Interview (155) Live Commentary (28) Love Matters (124) News (36,411) Opinion (1,005) Pidgin (10) Politics (5,304) Religion (772) Sports (1,557) Stock Watch (30) AMA & Al Jazeera Global Update


CBN banner

Firstmobile banner




Argentina vs Croatia Goals


APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera