Levies

Abuja chamber welcomes FCT tax harmonisation

Abuja Chamber of Commerce and Industry (ACCI) has welcomed the plan by the Minister of the Federal Capital Territory (FCT), Alhaji Muhammad Bello to harmonise tax policies within the territory in order end multiple taxations on by businesses in the territory. The President of ACCI, Alhaji Abubakar, in a statement yesterday, commended the minister for acknowledging the challenges faced by businesses within the territory due to series of levies, charges and taxes from Federal, FCTA and Area Councils. “Multiple taxations within the FCT and the larger national economy has imposed crippling consequences on businesses. “The fallout has been many failed businesses, the rising level of inflation, the non-thriving of existing ones and the lack of capacity to engage many unemployed youths. “We want ...

Sokoto border communities warned against aiding smuggling

Border communities in Sokoto State have been warned against aiding the smuggling of illicit items into the country. The Area Comptroller of Nigeria Customs Service (NCS), Abdulhamid Ma’aji, gave the warning at Illela during a sensitisation meeting held Tuesday with youths and community leaders at Illela town, a border community in the northern state. The border post was among four major international borders announced for reopening by the Federal Government in late December 2020. Ma’aji, while officially reopening the border’s gate, described the event as a remarkable day, urging the people to observe all the guidelines layout by the Ibrahin l Government. According to him, ‘now that these borders have been reopened, I want you to note that those illicit items that have been prohibited rema...