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Oyo market leaders laud Ajimobi’s tax policy


Oyo market leaders laud Ajimobi’s tax policy

Market leaders in Oyo State yesterday embraced with enthusiasm the informal sector tax regime of N3, 000 per person, annually, introduced by the state government, describing the Point of Sale (POS) system installmental system of payment as ‘comfortable.’ The traders, who urged Governor Abiola Ajimobi to endeavour to use part of the revenue generated from the tax to cater more for their welfare generally in the markets, argued that the POS system would prevent fraud by any official, the market leaders commended the initiative of the government.

Two leading market leaders in the state; Iyaloja of Mokola, Mrs. Feyisara Bayo-Azeez, and the acting Babaloja of Agbaje Market, in Ibadan, Pastor Samuel Olukayode Orokunle, stated this on behalf of their members, while participating in the sensitisation programme on informal tax organised by the state’s Board of Internal Revenue, led by Mr. Bicci Alli. Speaking at the sensitisation and awareness visits to the major markets in Ibadan, the two leaders who witnessed the demonstration exercises performed by officials of the board, also paid their personal taxes and were issued receipts on the spot through the POS system provided by the board. Considering the installment method of payment which amounted to N10 per day for every trader, assured that their members would cooperate with Governor Ajimobi to further attend to their welfare.

Orokunle, in his appeal to the market people said, though, they attempted to negotiate for a reduction of the fee, the government representatives had convinced them on the advantages that would follow the remittances. “We thank Governor Ajimobi for tarring the major road that passes from her to Agbeni Market. But we are using this opportunity to ask for more welfare packages from the revenue to be generated from this tax regime,” he said.

New Telegraph

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