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News

Federal Government to resolve FCT multiple taxation challenge

written by olarotimi May 13, 2023
Federal Government to resolve FCT multiple taxation challenge

The Federal Government said it had embarked on reform programmes to encourage the establishment and growth of small and medium enterprises in the Federal Capital Territory.

The government lamented that multiple agencies and departments of government had been responsible for multiple taxation, which had been causing confusion within the system.

The Minister for FCT, Muhammad Bello, stated this at the stakeholder’s resolution retreat on harmonisation of revenue collection and promotion of ease of doing business in the FCT, held in Akure, the Ondo State capital.

Represented by the Permanent Secretary, FCT, Mr Olusade Adesola, the minister said the reform programmes would include the implementation of a digital platform for the issuance of permits, licences, and approvals known as the FCT Business Portal.

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