Governor Nyesom Ezenwo Wike of Rivers State has declared that his administration will end multiple taxation in the state, with a view to jump – starting the state’s economy for the benefit of the people. Addressing the Rivers State Business Community at the Government House, Port Harcourt on Wednesday, Wike said that his administration will create the right environment for businesses to thrive so they can create employment.
He said: “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”.
The governor said that he will set in motion the required legal and administrative framework to ensure the speedy issuance of certificates of occupancy to create avenues for the private sector to have easier access to finance from financial institutions. He said: “We will create avenues for businesses to access finances for increased investment in the state. My administration will cooperate with the organised private sector to reduce unemployment.
As such, we shall interface on a quarterly basis with the business community to improve the economy of the state”. The governor stated that he would fight crime across the state to ensure that all communities are safe for businesses to invest. According to him, the administration will improve security as a fundamental platform for developing the state’s economy.
He added that the state government will collaborate with the Federal Government to revive the two sea ports in the state and complete the Port Harcourt International Airport . Earlier, the President of Port Harcourt Chamber of Commerce and Industry, Mr. Emeka Onachukwu commended the state governor for initiating an interface with the business community to improve the state’s economy.
He urged the governor to create the right environment for businesses to grow in the state. The business community appealed to the state governor to address the issue of multiple taxation and ensure that there is a one stop shop for the promotion of investment in the state. The meeting between the governor and the business community was attended by the Port Harcourt Chamber of Commerce and Industry, Manufacturers Association of Nigeria and the Petroleum Trainers Development Association.