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Wike pledges to end multiple taxation in Rivers

By BusinessNews Staff on June 11, 2015

Rivers State Governor, Nyesom Wike, has declared that his administration would end multiple taxation to encourage the business community in the state.

Addressing the Rivers State business community comprising Port Harcourt Chamber of Commerce and Industry (PHACCIMA), Manufacturers Association of Nigeria (MAN) and the Petroleum Technical Association of Nigeria at the Government House, Port Harcourt, on Wednesday, Wike said his administration would create the right environment for businesses to thrive so they could create employment.

“Multiple taxation will no longer exist when this administration settles down. We will work with the Local Government Councils to streamline taxes, so that businesses will not pay a tax in one local government and replicate same in another local government area,” he said.

The governor said that he would set in motion the required legal and administrative framework to ensure the speedy issuance of certificates of occupancy and other title documents to create avenues for the private sector to have easier access to finance from financial institutions.

[ThisDay]

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