Business
PHALGA Set To Improve Revenue Collection
The Port Harcourt City
Local Government Council says in order to beef up internally generated revenue, efforts are underway to deploy best practices in the collection of internally generated revenue while completely eliminating touting from the system.
Speaking with The Tide in an exclusive interview, the Mayor of Port Harcourt City, Samuel Sunny Ejekwu, said that his administration was set to operate a cashless system in the payment of taxes to curb corruption and eliminate miscreants, whose activities have adversely affected the revenue of the council.
He complained that since his administration, “there has not been any improvement in the internally generated revenue”, adding “rather it has been on the downward slide, which is the reason why members of this executive have taken a resolution to review the revenue policies of the council,” because according to him, “what we met on ground was not good enough”.
The mayor added that “the issue of beefing up internally generated revenue has been there over the years”, which he insisted, “the council is doing everything to address as quickly as possible.
“In our last executive council meeting, we passed a resolution which is intended to be implemented in a couple of weeks, and once implementation starts, I am very positive and strongly believe that our internally generated revenue would improve,” he pointed out.
Ejekwu said: “The good thing about the cashless policy in our new transaction model is that customers no longer need to handle cash or carry money to the council or to banks to pay in, but can use Point Of Sales (POS), Automated Teller Machines (ATM) or the Internet Banking platform to pay required taxes, fees, levies, permits, and the amount is debited from the customer’s account without necessarily paying cash to faceless agents and miscreants posing as task force members to fraudulently extort money from companies and individuals. Life is so simple now that investors would no longer complain of being duped by criminals or multiple taxation as everything is now being done transparently because of the best practices we are adopting.”
The mayor also stated that “although the Rivers State Government had harmonized taxes in the past, but the implementation has not been on a full-scale”, expressing confidence that “when full-scale implementation begins, it will be a win-win situation for all stakeholders”.
He also hinted that in order to attract investors, the caretaker administration has begun to reach out to some corporate bodies, noting that, “we are getting some positive responses, and we believe that they are supportive of our programmes and policies, and want to partner with us to achieve the sustainable development of the city”.
Susan Serekara-Nwikhana
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