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‘Multiple Taxation Hinders Tourism Dev’

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L-R: Antiquities Vendor, Mr Umaru Yusuf, Director of Museum, National Commission for Museums and Monuments (NCMM), Ms Rosemary Bodam, Director-General, NCMM, Mr Abdallah Usman and Minister of Culture, Tourism and National Orientation, Chief Edem Duke, at the presentation of payment advice to antiquities vendors in Abuja last Friday

L-R: Antiquities Vendor, Mr Umaru Yusuf, Director of Museum, National Commission for Museums and Monuments (NCMM), Ms Rosemary Bodam, Director-General, NCMM, Mr Abdallah Usman and Minister of Culture, Tourism and National Orientation, Chief Edem Duke, at the presentation of payment advice to antiquities vendors in Abuja last Friday

The Federation of Tourism Association of Nigeria (FTAN) said last Tuesday that multiple taxation and high bills were among the factors hindering development of tourism.
Chief Tomi Akingbogun, the association’s President, disclosed this at the second edition of the Nigeria Tourism Investors Forum and Exhibition for 2014.
Akingbogun said taxes and bills demanded by different agencies under different names and tags were not helping the growth of the sector.
According to him, most organisations and companies can barely survive after paying the various bills.
“Same bills are demanded in different titles, like the staff monthly pension, medical insurance, five per cent VAT, guest parking, water and vehicle dustbin bill by local government.
“COSON asking hotels, night clubs and restaurants to pay N1 to N2 billion for music played on Paid-TV (DSTV), ITF and NSITF, one per cent for staff monthly emoluments,” he said.
He said NIPOST was planning to introduce stamp duties of N50 for every N1000 sales.
“These are just some of the economically unrealistic bills that businesses have to contend with,” he added.
He said the use of mobile courts to seal business premises, lack of patronage from government and prominent people were also making it difficult for tourism to flourish.
“The public are not left behind in the neglect of Nigeria tourism investments, wedding s for Nigerian couples are now taken abroad to show affluence,” Akingbogun said.
The FTAN president called on the National Orientation Agency to do more to sensitise Nigerians to the tourism potential of the country.
He called on Nigerians to patronise home-made goods and the country’s tourism destinations.
The FCT Minister of State, Oloye Olajumoke Akinjide, in her paper entitled “FCT as an Emerging Conference Destination’, said “tourism creates entrepreneurial opportunities and brings development”.
Akinjide, who was represented by Mrs Adebola Elegbede, Director, Tourism and Social Development, said tourism had a significant multiplier effect on other sectors of the economy.
“Beyond its value as a foreign exchange earner, tourism brings significant impetus to the development agenda, and it is a great marketing vehicle for a nation’s culture, its products and people.
“Culturally, tourism enables people from different backgrounds to enjoy and celebrate their diversity.
“In addition, tourism facilities can be important catalysts for and components of regeneration that improve areas both for residents and tourists,” she said.
Akinjide said it was the strategic place that tourism enjoyed with the FCT that led to the inauguration of the National Institute for Hospitality and Tourism to produce the FCT Tourism Policy and Master Plan.
Akinjide said the aim of this was to produce a professionally thought out framework to increase the contribution of tourism to the economy of FCT.
The minister assured FTAN that all the issues raised concerning multiple taxation would be looked into by the FCT administration.
She commended the tenacity of the Hotels Owners Forum and FTAN in bringing to the fore those issues that inhibit the promotion of tourism in the nation’s capital.
She said that the administration partners with them and other stakeholders to provide conducive and enabling environment to promote tourism in the FCT.

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Niger Delta Investment Summit Targets $5bn Inflows, 500,000 Jobs

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The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has unveiled the plans to host a major economic and investment summit aimed at attracting five billion dollars, ( N7 trillion) investments in addition to creating about 500,000 jobs over the next five years.
The Chairman of NDCCITMA Board, Ambassador Idaere Ogan, disclosed this in Port Harcourt, recently.
Ogan stated  that the initiative is designed to reposition the Niger Delta as a viable destination for sustainable economic growth and development.
He explained the summit would bring together investors, policymakers, manufacturers and business leaders from within and outside Nigeria to explore opportunities across key sectors of the regional economy.
According to him, the event is expected to attract high-profile participation, with President Bola Tinubu billed as Special Guest of Honour, while the Prime Minister of Barbados, Mia Amor Mottley, is expected to deliver the keynote address.
Ogan said the summit would focus on critical sectors including agriculture, manufacturing, logistics and the blue economy, which he described as areas with significant untapped potential.
He called on state governments, development partners and private sector stakeholders to support the initiative, stressing that collective efforts are required to unlock the region’s economic prospects.
 NDCCITMA chairman further stated that improving security conditions and increasing economic confidence in the Niger Delta have made the region more attractive to both local and foreign investors.
He emphasised that ongoing economic reforms at the national level have also contributed to creating a more favourable investment climate.
Also speaking, the Chairman of the Summit Organising Committee, Dr. Solomon Edebiri, said the event would prioritise the growth of small and medium-scale enterprises (SMEs) across the region.
He noted the summit would provide a strategic platform for networking, business partnership and policy dialogue aimed at strengthening the private sector.
Edebiri disclosed that findings from a recent business roundtable revealed significant untapped investment opportunities, which the summit seeks to harness through targeted collaborations.
He revealed that the event would feature exhibitions of viable projects, facilitate business-to-business and business-to-government engagements, and also promote innovations across multiple sectors.
According to him, the expected outcomes of the summit include job creation, increased industrial activity and improved livelihoods for people in the Niger Delta.
To build momentum ahead of the event, NDCCITMA said the body would embark on awareness roadshows across states in the Niger Delta, as well as in Lagos and Abuja, to attract broad participation.
King Onunwor
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NPA Targets N1.489tn Revenue In 2026

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The Management  of Nigerian Ports Authority (NPA) has set N1.489 trillion as its Internally Generated Revenue (IGR) target for the 2026 fiscal year.
NPA says the figure represents an increase of N21 billion over the N1.468 trillion target for 2025, which the agency exceeded with an actual revenue of N1.97 trillion.
 The Managing Director NPA, Dr Abubakar Dantsoho, stated this  during the agency’s 2026 budget defence before the Senate Committee on Marine Transport.
Dantsoho said  the authority was set to begin groundbreaking projects for the modernisation of Apapa and Tin Can Island ports to enhance global competitiveness.
According to him, of the projected revenue: N945 billion is allocated for capital projects, N447.5 billion for operating expenses, and
N90.6 billion for remittance into the Consolidated Revenue Fund (CRF).
The MD explained that the budget was anchored on the mantra, “Consolidation, Renewed Resilience and Shared Prosperity.”
Dantsoho said that the modernisation of Apapa and Tin Can Island ports were flagship projects aimed at boosting revenue.
“Apapa and Tin Can Island ports are old and no longer adequate for modern global port operations.
“Apapa Port is about 100 years old, while Tin Can Island Port is over 50 years old, with limited capacity for handling modern vessels and cargo volumes.
“Groundbreaking for their modernisation will commence within the next two to three weeks,” he added.
On the Treasury Single Account (TSA), Dantsoho said all revenues generated by the NPA are paid directly into the account managed by the Central Bank of Nigeria (CBN).
“We do not retain any funds. The Central Bank is the signatory and we must apply for funds whenever needed,” he explained.
Earlier in his remarks,Chairman of the Senate Committee on Ports, Sen. Wasiu Eshinlokun (Lagos Central), said the committee’s oversight function was collaborative rather than adversarial.
“Our goal is to work with you to strengthen institutional capacity, eliminate inefficiencies and ensure that every naira appropriated serves the public interest,” he said.
Chinedu Wosu
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NPF Disburses ?21.68m  To Fallen Heros’ Families …Reinforce Welfare Commitment 

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Nigeria Police Force has disbursed a total of ?21,678,120 to the deceased police officers families in Rivers State as part of ongoing welfare interventions by the force.
The gesture formed a major highlight of the activities marking  the 2026 National Police Day celebration in the state, underscoring renewed institutional focus on personnel welfare and post-service support systems.
The Commissioner of Police, Olugbenga Adepoju, who presided over the cheque presentation ceremony, said the initiative reflects the Force’s commitment to honouring officers who paid the ultimate price in their line of duty.
He explained that the financial support is designed to cushion the economic burden faced by bereaved families, while also reinforcing confidence among serving personnel about the Force’s long-term welfare structure.
Adepoju conveyed the sympathy of the leadership of the Nigeria Police Force to the beneficiaries, noting that the sacrifices of fallen officers remain invaluable to national security and public safety.
The police boss further stressed that sustained welfare interventions are critical to boosting morale, enhancing productivity, and strengthening institutional loyalty within the Force.
He reiterated that the welfare scheme aligns with broader reforms aimed at repositioning the Nigeria Police Force as a responsive and people-oriented institution.
Beneficiaries of the cheques commended the Inspector-General of Police, Olatunji Rilwan Disu, for prioritising the welfare of officers and their families through consistent and impactful interventions.
They described the initiative as timely and compassionate, noting that it would go a long way in alleviating financial pressures arising from the loss of their loved ones.
The families also acknowledged ongoing reforms under the current police leadership, which they said have strengthened trust, improved service delivery, and enhanced the overall image of the Force.
The Rivers State Police Command reaffirmed its commitment to sustaining similar initiatives as part of efforts to uphold the dignity, sacrifice, and legacy of officers who served the nation with distinction.
King Onunwor
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