Ambode Vows to Stop Multiple Taxation in Lagos

April 19, 2017

By Modupe Gbadeyanka

Governor Akinwunmi Ambode of Lagos State has promised to look into the issue on multiple taxation in the state with a view to eliminating it.

He said the Lagos tax system must be presented in such a way that would be clear to all and sundry, also promising that multiple taxation at the local government level would also be addressed.

Speaking when he received the Chair Occupier, Lagos State Professorial Chair in Tax and Fiscal Matters, Prof. Abiola Olaitan Sanni and other members of the Board of Trustees, University of Lagos (UNILAG) on a courtesy visit to Lagos House, Ikeja, on Tuesday, Mr Ambode tasked Professor Sanni to use his tenure in office to address issues relating to multiple taxation.

He said 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,” the Governor stated.

Mr Ambode noted that there was a need to grow the financial template of the state, urging the new Professorial Chair to look at what steps Lagos could take to secure the next 50 years.

Earlier, Chairman Board of Trustees of UNILAG, Professor Eddy Omolehinwa, while introducing the new Professorial Chair, commended Governor Ambode, saying that he had raised the bar of governance since the inception of his administration by addressing the real issues affecting Lagosians.

Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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