Connect with us

Business

Abolish Multiple Taxation In Rivers, Group Urges Govt

Published

on

A civil society organization, Rivers State Tax Justice Governance Platform (RSTJGP) has called for  the abolition of multiple taxation in the state.
Coordinator of the group, Kelechi Amaechi, who made the call in an interview with newsmen during a Tax Walkathon sensitization rally in Port Harcourt, said incidence of multiple taxation is driving away businesses in the state.
Amaechi particularly urged the Rivers State Government to enforce the use of the *5224# digital tax payment platform with a view to eliminating all illegal and multiple taxations in the state.
The event has as its theme “Power of Voices Partnership Fair for All”, was organized by the organization in collaboration with CISLAC, with support from Oxfam Nigeria to raise awareness about fair tax practices.
He said citizens must not only pay their taxes, but must demand accountability from the Authority.
According to him, despite government’s introduction of the digital tax payment platform, implementation remains weak, leaving businesses vulnerable to multiple taxes and harassment from tax agents and task forces.
“The Rivers State Government has taken steps to address illegal and multiple taxation by introducing the *5224# platform, which allows businesses to pay their taxes easily. However, enforcement remains a major challenge.
“Many businesses still receive excessive demand notices and are forced to pay exorbitant levies to tax agents and task forces”, he said.
He stressed that harmonized taxation would promote business growth and job creation, ultimately reducing youth unemployment and crime in the state.
“We are urging the government to not only introduce these initiatives, but also enforce them. Businesses need a simplified and harmonized tax system to thrive, create jobs, and contribute to economic growth”, he stated.
Chairperson of the Chartered Institute of Taxation of Nigeria (CITN), Port Harcourt District Society, Victoria Okokon, who spoke to The Tide in an interview, said it has become important for taxpayers to know their rights by using digital platforms for tax payments.
She said the rally was attended by people being impacted by multiple taxation, adding that market women, bus drivers and others attended the rally.
Okokon said digital payment of taxes will eliminate quackry, but added that people must ensure that their taxes are judiciously utilized by the government.
According to her, “If taxes are paid digitally, it eliminates the need for intermediaries, ensuring that tax revenues go directly into government coffers. This will help curb illegal collections and double taxation.
“It is important for every taxpayer to know their right, know the right avenue to pay their taxes.”
Also, the Executive Director of LightHope Succor Worldwide Initiative and a member of the Rivers State Tax Justice and Governance Platform, Evelyn Williams, urged the government to ensure taxpayers see tangible benefits from their contributions.
“Many business owners, especially women and young girls operating in market spaces, lack basic amenities such as toilets, proper parking spaces, and waste management services. The government must ensure that tax revenues are used to improve these facilities.
“We really want to see that those things are being put in place to ensure the taxpayers get equivalent services for the tax payment”, she said.
Also speaking, Chairman of Nigerian Association of Small and Medium Enterprises, Mr. Dogara, said incidence of multiple taxation is driving businesses away from Rivers state.
He said the sooner the government tackle this problem the better it would be good for businesses in the state.
John Bibor
Continue Reading

Business

USTR Criticises Nigeria’s Import Ban On Agriculture, Others

Published

on

The United States Trade Representative (USTR) has criticised Nigeria’s import ban on 25 categories of goods, claiming that the restrictions limit market access for American exporters.
This is the effect of President Donald Trump’s tariffs introduction on goods entering the United States, with Nigeria facing a 14 per cent duty.
The USTR highlighted the impact of Nigeria’s import ban on various sectors, particularly agriculture, pharmaceuticals, beverages, and consumer goods.
The restrictions affect items such as beef, pork, poultry, fruit juices, medicaments, and alcoholic beverages, which the United States sees as significant barriers to trade.
The agency argues that these limitations reduce export opportunities for United States businesses and lead to lost revenue.
“Nigeria’s import ban on 25 different product categories impacts United States exporters, particularly in agriculture, pharmaceuticals, beverages, and consumer goods.
“Restrictions on items like beef, pork, poultry, fruit juices, medicaments, and spirits limit United States market access and reduce export opportunities.
“These policies create significant trade barriers that lead to lost revenue for United States businesses looking to expand in the Nigerian market”, the agency said .
In 2016, Nigeria implemented the ban on these 25 items as part of efforts to control imports and stimulate local production.
Some of the banned items include poultry, pork, refined vegetable oil, sugar, cocoa products, spaghetti, beer, and certain medicines.
On March 26, 2025, the  Federal Government also announced plans to halt solar panel imports to encourage local manufacturing as part of its push for clean energy.

Continue Reading

Business

Expert Seeks Cooperative-Driven Investments In Agriculture 

Published

on

A leading agribusiness strategist and digital agriculture expert, Ayo Oluwa Okediji, has sought cooperative-driven investments in sustaining growth of poultry industry in Nigeria.
He said the poultry industry was at a defining moment and requires urgent structural reforms to secure its future and ensure long-term sustainability.
Speaking on the theme, “Strengthening Poultry Farming Through Cooperative Synergy and Strategic Investments”, at the recently concluded Oyo Mega Poultry Workshop 2025 in Ibadan, Okediji called on poultry farmers, cooperative leaders, financial institutions and policy makers to rethink the existing structure of the poultry sector.
He stressed the need to transition from fragmented, individually-driven operations to well-structured, cooperative-led enterprises capable of attracting sustainable financing and securing long-term viability.
He said, “Our poultry sector cannot thrive on individual effort alone. We need to organise ourselves into cooperative clusters, build strong governance systems and position ourselves to attract the level of investment needed to sustain this industry beyond this generation.”
Drawing on lessons from successful global cooperative models such as Rabobank in the Netherlands and Landus Cooperative in the United States, Okediji introduced the FarmClusters Poultry Model, a locally adapted solution developed by Agribusiness Dynamics Technology Limited (AgDyna), a subsidiary of AgroInfoTech Africa.
According to him, the model is currently being piloted in Oyo State in partnership with PANOY Agribusiness Limited and local poultry cooperatives.

Continue Reading

Business

NACCIMA Proposes Hybrid Oil Palm Seedlings For Farmers

Published

on

The Rivers State Representative of the Nigeria Chambers of Commerce, Mines, Industries and Agriculture (NACCIMA), Mr. Erasmus Chukwundah, has urged palm oil farmers to consider hybrid seedlings for planting, if they must break even in palm oil business.
Chukwundah said this recently at the Free Oil Palm Business Climate Smart Best Management Practice/Assistance Training organized by Partnership Initiative In Niger Delta (PIND) for Palm Oil Farmers in Elele, Ikwerre Local Government Area.
The Rivers representative said until palm oil farmers begin to consider such hybrid oil palm seedlings, they may not meet up with the daily increasing demand of palm oil in the market.
According to him, the seedlings produce up to 30 bunches at once that ripen same time.
He said PIND decided to partner with Oil Palm Growers Association of Nigeria (OPGAN) to ensure that the message was received by the targeted audience.
According to him, palm oil remained a popular choice of industry operators as it could be converted to many other products such as vegetable cooking oil.
He also noted that products such as motor tyers, marine ropes and others are now gotten from the palm tree.
Chukwundah, who is the immediate past Director-General of Port Harcourt Chamber of Commerce, Mines, Industries, and Agriculture (PHCCIMA), further warned against use of unrecommended fertilisers in growing oil palms.
He noted that such practices could limit its export value or chances as the foreign marketers have a way of detecting such .
He reiterated the need for organic fertilizers, including poultry droppings, to enable them have a natural palm oil.
“People must reduce physical contact with palm oil production. That is why we are campaigning for hydrolic oil mills. The foreign markets are no longer interested in crude method of palm oil production”, he said.
Meanwhile, one of the farmers, Sonny Didia, who appreciated Chukwundah’s commitment towards the concern of farmers, appealed for an urgent need for loan opportunity with low interest rate in order to enable them beat the target.

King Onunwor

Continue Reading

Trending