Business
NCC, Others To Combat Multiple Taxation
The Nigerian Communications Commission, the National Environmental Standards Regulatory and Enforcement Agency and telecoms operators will soon meet to address the issue of multiple taxation at the Information Communications Technology Taxation and Clean Environment conference in Lagos.
The round table, according to the organisers, became necessary following the brewing conflict between telecommunications operators and the regulatory agencies over multiple taxation, which is reportedly affecting their bottom-line.
NESREA has given telecoms operators a deadline to clean the environment of unnecessary telecoms towers. But the NCC, through its Acting Executive Vice-Chairman, Dr. Bashir Gwandu, has argued that the issue of multiple regulations in the telecommunications industry is frightening investors out of the country.
The organisers of the conference noted that, currently, stakeholders were shooting arrows at each other on the issues of multiple regulations, multiple taxation and cleaner environment from distant and disparate positions. ”The stakeholders need to rally to a common platform offered by the conference to thrash the nagging issues,” the organisers said.
AIT Infotech Network, eWorld Magazine and IT Edge News.com are rallying industry stakeholders to the conference, which promises to pave the way for the resolution of the thorny issues.
According to them, multiple taxation and regulation are a sore in the seamless deployment of telecommunications networks and infrastructure and operators have continually claimed that the situation slows down operations.
Already Gwandu had indicated his interest to speak at the conference. He is joined by Globacom Group Chief Operating Officer, Jameel Mohammed. NESREA is also expected at the conference which has already attracted the MTN Corporate Services Executive, Wale Goodluck and the Director-General of the Nigerian Information Technology Development Agency of Nigeria, Professor Cleopas Angaye.
The Presidents of Association of Telecommunication Companies of Nigeria, Mr. Titi Omo-Ettu and Association of Licensed Telecom Operators of Nigeria, Mr. Gbenga Adebayo will also feature at the conference.
The Lagos State Commissioner of Science and Technology, Dr Kadiri Obafemi Hamzat and the National Orientation for Technology Application have also been confirmed to speak at the conference.
Companies which have thrown their weight behind the conference include, MTN, NITDA, Omatek, Veda Technologies and Alteq.
Last week, the President of ATCON said that a number of ICT companies were unhealthy due to a number of reasons, some of which are not unconnected to illegal and multiple taxation.
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FG Fixes Uniform Prices for Housing Units Nationwide, Approves N12.5m For 3-bedroom Bungalow ……..Says Move To Enhance Affordability, Ensures Fairness
 
														“The approved selling prices are as follows: One-bedroom semi-detached bungalow, N8.5 million; two-bedroom semi-detached bungalow: N11.5 million and three-bedroom semi-detached bungalow, N12.5 million,” the statement added.
Minister of Housing and Urban Development, Ahmed Dangiwa, stated that priority in the allocation of the housing units would be given to low and middle-income earners, civil servants at all levels of government, employees in the organised private sector with verifiable sources of income, and Nigerians in the Diaspora who wish to own homes in the country.
The Permanent Secretary in the ministry, Dr. Shuaib Belgore, explained that several payment options have been provided to make the houses affordable and flexible. These include outright (full) payment, mortgage, rent-to-own scheme, and installment payment plans.
The ministry further announced that the sale of the completed housing units across the northern and southern regions will soon commence.
“Applications can be made through the Renewed Hope Housing online portal at www.renewedhopehomes.fmhud.
The ministry, however, clarified that the approved prices apply strictly to the Renewed Hope Housing Estates which are funded through the ministry’s budgetary allocation, as against the Renewed Hope Cities in Karsana Abuja, Janguza Kano, Ibeju Lekki, Lagos which are being funded through a Public Private Partnership (PPP).
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