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IGR increase vital for growth, governance – Obiano

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TOWARDS creating a tax friendly environment for economic growth, Anambra State Government has made it easier for tax payment for revenue generation to drive development in the state in line with establishing the state’s vision as economic powerhouse in Nigeria.

Anambra State Governor, Chief Willie Obiano, stated this when he Inaugurated Anambra State Stamp Duties Office and Revenue Stamps, and flagged off Joint Tax Board, flagged off the new Taxpayer Identification Number and Consolidated National Taxpayers’ Database in South East region  at the Prof. Dora Akunyili Women Development Centre, Awka.

  Chief Obiano, represented by the state Deputy Governor, Dr Nkem Okeke, while acknowledging the success of the state’s Internal Revenue Service, reinstated the state’s commitment to making the state investors’ first choice of business destination in the country. “Our ability to increase revenue generation is important for economic growth. The new taxpayer identification number will lay a strong foundation for revenue collection in the country. The foundation will not only be for the economic growth for the southeast region but that of the nation.” He charged sister states in the region to key into the Joint Tax Board Initiative.

  In his remarks, Chairman, Anambra State Internal Revenue Service, David Nzekwu, said one of the key essence of the Anambra Revenue Stamp is that it enables the state improve on its revenue generation as the state is diversifying her economy to boost internally generated revenue through exploring revenue opportunities available to it.  

  “The stamp enables us to showcase the good essence of the good works of the state, the iconic things done by the state and at the same time, it gives people the opportunity to stamp their document the right way by purchasing the revenue stamp because the law states that transactions between individuals up to one N1000 has to be accompanied by a stamp.” Dr. Nzekwu, urged ndi Anambra to support the revenue drive of the government by paying their taxes, patronising the services of the Internal Revenue Service and to make the state a better place.

  Earlier in his address, Chairman, Joint Tax Board, Tunde Fowler, acknowledged Anambra State for breaking new grounds in revenue collection, and  that Nigeria has come to the point that the country understands that dependence on oil can no longer sustain the nation’s economy, adding that revenue generation has come to play a big role, particularly with the launch of the Taxpayer Identification Number and Consolidated National Taxpayers’ Database, “The new TIN registration system is a robust application developed to assign tax payer identification number to all potential taxpayers’. It aids to improve on the efficiency and output of the entire tax administration process and provides tax convenience to taxpayers and administrators as well as tax registration while guaranteeing that each tax payer’s details are readily available to them at all times, at anywhere.”

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