Ogun Moves To Harmonize Taxes To Address Twofold Taxation

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The Ogun State government has said that it is working nonstop to guarantee harmonization of taxes and levies to bring down the incidence of twofold taxation that might influence the income base of businesses.

This was revealed by the Commissioner for Industry, Trade and Investment, Mr. Adebola Sofela, during his strategic visit to certain industries

Sofela said that his visit was occasioned by the need to help the current relationship of Ogun State with its various stakeholders to additionally team up and share ideas on areas of common interest.

He said the Dapo Abiodun led administration has been dedicated to capacity building at all levels, pointing out that technical schools in the state were being upgraded to guarantee companies do not have any gap in power to fill the specialized requirements.

The Commissioner, who was joined by top management staff members of the Ministry, added that the current administration in Ogun State has further developed land administration framework to empower investors get title documents without delay to leverage for financing.

He said that the government has been creating new industrial clusters to deal with the new influx of financial backers and plan for the future.

Sofela engaged the various companies across the three senatorial districts of the State to consider the qualified occupants of Ogun State for employment as a feature of endeavors to advance their relationship with host communities.

“We are working to ensure harmonization of taxes and levies to reduce the incidence of double taxation.

The Governor is particularly interested in creating an enabling environment for business to thrive considering the government’s huge investment in security and infrastructure,” he said.

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