Maritime
Double Taxation: FG Harmonises Jetty Operators’ Taxes
Following the discrepancies in the payment of taxes by jetty operators in the country, the Federal Government said it would take steps in harmonising the taxes paid by the operators.
The Federal Government said the aim is to address double taxation and promote ease of doing business in the country.
Minister of Transportation, Mu’azu Jaji Sambo, disclosed this in Abuja during a meeting with the Technical Sub-Committee of the Presidential Standing Committee on Private Jetties led by its Chairman, Joseph Ororo,
He noted that operators are made to pay multiple registration fees by different regulatory agencies such as the National Inland Waterways Authority (NIWA) and Nigerian Maritime Administration and Safety Agency (NIMASA).
Sambo also advised the committee to make unscheduled visits to jetties to ensure compliance with extant laws and regulations.
Earlier, Chairman of the committee, Joseph Ororo, said the committee’s terms of reference to include reopening all jetties deemed vital to the economy of the country as well as to examine all the remaining closed jetties
He also recommends those to be retained and those to remain permanently closed.
“The standing committee meets from time to time to consider applications for operating licence for jetties and recommend those to be issued new licences by the Minister,” he said.
By: Chinedu Wosu