Business

Producers slam Gov. Sanwo-Olu for over-taxing firms

John Aluya, the vice chairman of the Producers Affiliation of Nigeria (MAN) in Lagos, has decried the double taxation imposed on manufacturing firms by Governor Babajide Sanwo-Olu’s authorities.

Mr Aluya criticised the federal government throughout the Seventh Lagos Company Meeting, tagged ‘Babajide Olusola Sanwo-Olu Meets Enterprise’, organised by the Lagos Ministry of Commerce, Trade and Cooperatives.

He accused Mr Sanwo-Olu’s authorities of double taxation and unfriendly enterprise actions.

The MAN’s vice chairman added that the extant legislation of the land-use cost confirmed a consolidation of all land-based legal guidelines and fees, however most member firms and the affiliation “pay each land use cost and floor hire.”

”That is double taxation. We urge your administration to attempt as a lot as attainable to remove double taxation,” stated the MAN official.

Mr Aluya additionally famous that Mr Sanwo-Olu’s authorities charged firms for sewage use it didn’t construct for manufacturing firms to discharge their effluents.

”Right this moment, the central sewage has not been constructed by the federal government. However we’re being made to individually assemble our effluent therapy crops and nonetheless pay the therapy fees to the state authorities with none worth derived from the cost,” he stated.

The vice chairman identified that the state authorities had not carried out the accredited harmonised inspection.

He, subsequently, implored the federal government to look into the problems. Mr Aluya defined that on the finish of the primary half of 2020, MAN recorded a pointy decline in capability utilisation to 49 per cent from 68.5 per cent within the corresponding half of 2019.

”The impoundment of vans by the Lagos state committee on deserted automobiles is very disturbing. Vehicles parked in entrance of the manufacturing amenities awaiting offloading their imported uncooked supplies are impounded as early as 6:00 a.m., and the businesses are being subjected to pay fines for offences they don’t perceive,” the MAN official lamented.

Responding to the problems raised, Mr Sanwo-Olu, promised that the state would handle the problems raised, noting that some have been already being labored on.

(NAN)

Credit score: Theparadise.ng

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