Kwara manufacturers, others protest against new levy

Date: 2017-05-27

No fewer than 100 members of the Manufacturers Association of Nigeria, Kwara and Kogi states chapter, as well as owners of other business concerns protested at the Kwara State House of Assembly complex against the 'Manufacturing Processing Levy Bill, 2017’ currently being considered by the assembly.

The protesters stormed the complex at about 10am on Friday before the commencement of a public hearing on the bill. They carried placards with inscriptions such as, 'Companies are closing down in Kwara because of multiple taxes', 'We do not have jobs', ‘Don't kill industries in Kwara State', 'We stand against illegal taxes in Kwara', 'We say no to anti-industrial development’ and 'Many states are looking for investors'.

The spokesperson for the branch of MAN, Mr. Bioku Rahman, told journalists that the members opposed the bill by the state government because manufacturing industries in the country were already distressed.

He stated that any additional burden on the manufacturers would lead to the collapse of most of the industries.

Rahman noted that if the industries were unable to break-even, they would lay off their workers and even stop further employment.

He explained that the state government would also suffer because there would be less Pay-As-You-Earn tax and that there would be a lot of migration of industries from Kwara to other states.

Rahman said manufacturers were already paying Company Income Tax, Education Tax, Petroleum Profit Tax, Value Added Tax, PAYE, Development Levy, land charges, Setback Tax, trade permit, business premises permit, signage levy, gaseous emission levy and tenement rate.

He added that they are also paying trade permit to local governments, NAFDAC levy, Standards Organisation of Nigeria levy, pension, fumigation tax, Federal Ministry of Mines and Powers levy, town planning development levy, Ministry of Environment and Forestry levy, Ministry of Housing and Urban Development levy, FRSC training levy, Industrial Training Fund levy, employees insurance levy/tax, Capital Gains Tax, parking permit, pre-occupation levy, debt security insurance levy and road taxes.

He said, "Already we have few industries in Kwara State. Over the past 10 years, more than 60 per cent of the existing companies are no longer existing. If you introduce more taxes via this bill, there will be migration to other states. "We have found out that there is no state in Nigeria that is running this levy. It is an additional burden on industries in Kwara State and we want to oppose it."

Rahman urged the Assembly not to pass the bill as he noted that it would be injurious to industrialisation, employment and revenue for the government, and could increase youth restiveness and violent crimes.

He appealed to Governor Abdulfatah Ahmed not to assent to the bill if it was passed eventually.

The Deputy Speaker, Kwara State House of Assembly, Mr. Matthew Okedare, who presided over the public hearing, said it was to give all stakeholders opportunities to contribute so that the best decision for the interest of the state, industrialisation, employment generation and general well-being of the residents would be taken on the bill.

Source

 


Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Kwara State Health Insurance Agency     Bello Oyebanji     Ayinde Oki     Okin Biscuit     Adamu Atta     Kabir Shagaya     Turaki     Oyedun Juliana Funke     Colleges Of Education Academic Staff Union     Kwha.gov.ng     All Confederation Of Principals Of Secondary Schools     Yusuf Abdulwahab     Toyosi Thomas     Jumoke Gafar     Gamji Members Association     Iyabo Adewuyi     New Naira Notes     Bello Taoheed Abubakar     Tanke     Muhammad-Mustapha Suleiman     Kazeem Adekanye     Sodiya     PAACO-PCL Consortium     SGBN     Temitope Ogunbanke     Abdulganiyu AbdulAzeez     Oluranti Idowu     Ahmed Dankaya     Ali Ahmad     John Obuh     Olayinka Jelili Yusuf     Valsolar-Kwara Company Limited     Babaloja-General     Maja     ER-KANG Mining     Henry Makinwa     Mohammed Lawal Bagega     Otuka     Abiodun Oyedepo     Alimi     Rasheed Jimoh     Olatunji Ayeni     KSIRS     Umar Sanda Yusuf     Ramadhan     Dan Iya Of Ilorin     Kunbi Titiloye     Abdulraufu Mustapha     Manzuma     Association Of Kwara State Online Media Practitioners     Is\'haq Modibbo Kawu     Albert Ogunsola     Ibrahim Akaje     Bola Sagaya     Emir Of Lafiagi     Florence Saraki     Muhammed Danjuma     Erin-ile     Musa Abdullahi     Isaac Aderemi Kolawole     Ayinke Saka     Oba Abdulkadir La\'aro     Kwara State Polytechnic     Students Union Government     Kolawole Akande     Abdulrauf Aliyu     Hikmah AbdulKareem     Sabi     Kola Adesina     Alapado     Abdulrahman Abdulrazak     Khairat Gwadabe     Kale Ayo     Amasa     Aasiyat Bello Oyedepo     Raimi Iyanda     Elections    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Tanke Road     Curfew     Amos Justus Sayo     Olayinka Oladapo Jogunola     Issa Manzuma     Suleiman Alege Kuranga     Bayer Nigeria Limited     Goodluck Jonathan     Lukman Adeloyin     Muhammed Aliyu     Ibrahim Sulu Gambari     Christopher Odetunde     Aisha Gobir     Ahman Pategi     Salihu S. Yaru     Michael Nzwekwe     Maigidasanma     Kamaldeen Gambari     QuickWin     Iliasu     Anilelerin     Raimi Iyanda     Alliance For Democracy     Yahaya Seriki     Niyi Osundare     Madawaki     Yemi Osinbajo     Abiodun Jacob Ajiboye     Trader Moni     Isiaka Abdulrazak     Agboola Babatunde     AbdulHakeem Ajibola Akanbi     Kwara Metro Park     Quareeb     Kabir Shagaya     Dairo Kunle Paul     Jamiu Oyawoye     Bello Oyebanji     Tanke     Buari Edun     Kumbi Titilope     Rasheed Jimoh     Bello Abubakar     March 18     Valsolar     Bola Iyabo Ibiyeye Adisa     Illyasu Abdullahi     Ayeni     Abegunde Goke     National Party Of Nigeria     Trade Lenda SME Fair     Suleiman Yahya Alapansapa     KWATMA     Bilikisu Oniyangi     Aliyu Muyideen     Kwara Teaching Service Commission     Bayo Ojo     Shuaibu Yaman Abdullahi     Labour Party     Bareke     Elerinjare     Yusuf Mubarak     Vasolar     Adam Abdullahi Al-Ilory     Razaq Atunwa     Okin Malt     Ilorin East/South Federal Constituency     Gurei     Ilesha-Baruba-Gwanara     Olohungbebe     Lanwa     Olupako Of Share     Awili Pedro     Kwara 2019     Olatunji Abdulmumeen     Oke-Ogun     Ahmed Mohammed Rifun