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Showing posts with label increasing taxes. Show all posts
Showing posts with label increasing taxes. Show all posts

Monday, 27 November 2017

Ambode boasts of two years achievements without increasing taxes

AgegePulse magazine

Lagos State Governor, Mr. Akinwunmi Ambode said that his administration would take necessary steps to eliminate any incidence of multiple taxation in the State, especially at the local government level.

The Governor, said the tax system in the State must be presented in such a way that would be clear to all and sundry.



He, therefore, tasked Professor Sanni to use his tenure in office to address issues relating to multiple taxation, noting that his administration was able to achieve the level of infrastructural development in the last two years without necessarily increasing taxes.

“You know the citizens believe strongly that the way and manner we structure our tax system is done in such instance that we are doing multiple taxation within the local government and the State. That’s one aspect that we think that we can create some kind of partnership to be able to say that in no distance future that nothing exists in Lagos that relates to multiple taxation. I would like that aspect to be something of interest in the course of your research.

“In the last two years, we have seen the level of infrastructural development that we have put in place without necessarily increasing the taxes or levying citizens to pay more taxes. You have seen development taking place in the midst of recession.

“The only way to sustain this growth will be coming from the aspect of how we can sustain the revenue model that Lagos State can use to drive this growth and development in the State”, Governor Ambode said.

The Governor also said that there was a need to grow the financial template of the State.

Lagos could take to secure the next 50 years.