Connect with us

FEATURED

Gov. Otti Unveils Digital Tax Collection System For Transporters, Traders

Published

on

The Abia State Governor, Dr. Alex Otti on Monday launched a new digital tax system that would help the state eliminate fraud and intermediaries in revenue generation.

The new system, which integrates free medical insurance schemes for all commercial vehicle drivers and riders of Keke and Okada, will see the state also maximize its revenue potential, the governor says.

Chief Press Secretary to the Governor, Kazie Uko in a statement said at the launch, Dr. Otti, who was flanked by some senior members of his cabinet, including the Chief of Staff, Dr. Caleb Ajagba; the Special Adviser on Internally-Generated Revenue, Mr. Chimereze Isaac Okigbo; and Special Adviser on Policies and Interventions, Rev Father Christian Anokwuru, said that the introduction of the new digital system will not only strengthen the state’s tax collection but would also promote economic growth and entrepreneurship in the state.

“By simplifying tax compliance procedures, we have removed barriers for businesses, encourage formalization, and stimulate investment. This initiative empowers entrepreneurs, enabling them to focus on their ventures’ growth and expansion, ultimately leading to job creation and economic prosperity for our state.

“By eliminating fraud, intermediaries, and introducing the digital platform to block leakages, we will unlock the true potential of our tax system to maximize revenue for development projects.

“The digitalized tax regime ensures that every business, large or small, contributes its fair share towards the growth of our state. With the expected increased revenue, the government can invest in infrastructure development, education, healthcare, and other essential sectors that will uplift the lives of all Ndi Abia,” he quoted the Governor as saying.

Advertisement
Article Banner

He declared that the free medical insurance scheme component of the new digital tax payment system is a fulfillment of his campaign promise to create an affordable health care delivery “for our people across all sectors and segments” of the society.

The new digital tax system essentially aims at sanitizing revenue generation in the transport sector and the markets. While the Permit to Operate Tickets targets those in the transport business, the Innovative Traders Tax Payment aptly targets traders in the market areas.

“Unlike in the past where revenue agents abused these daily tickets with all manner of collectibles, now, we are promoting Transparency and Ease of Compliance in our commitment to making tax compliance simpler and more accessible. The digitalized tax regime introduces enumeration and easy paying platforms which includes the use of USSD and wallet services.

“The Permit to operate Tickets for Transporters has been designed in bouquets which gives the commercial transport operators options to choose among the daily, weekly and monthly scheme. This has eliminated all forms of middle men that have been meddling on our revenue collection space. We are also optimistic that this model will eventually eliminate and reduce the risk of extortion, promote transparency, increase tax compliance, strengthen ease of doing business in Abia state and empower these businesses to operate within a legally defined framework and environment,” the Governor said.

(ABN TV)

Advertisement
Article Banner
Continue Reading
Advertisement
Click to comment
FEATURED7 hours ago

Alleged N69.15m Fraud: Witness Tells Court How Blessing CEO Sold Property She Didn’t Own

SunTrust Bank
FEATURED7 hours ago

Court Dismisses Aisha Achimugu’s N10bn Rights Suit Against EFCC

FEATURED7 hours ago

EFCC Arraigns ALSCON, Director Zavyalov Dmitry Over Alleged N582.4m Money Laundering in Abuja

FEATURES10 hours ago

APC Tells Members to Respect Atiku Despite Criticism Over Calling Tinubu ‘Bola’

FEATURED13 hours ago

INEC Final List: Omo-Agege Makes List For Delta Central, Dafinone in Panic

FEATURES14 hours ago

CJN Swears In 68 New Senior Advocates of Nigeria for 2026/2027 Legal Year

FEATURES16 hours ago

Bolt Moves to Calm Tensions as AUATON Threatens Drivers’ Shutdown

FEATURED2 days ago

Okowa Restates Commitment to Girl-Child Education, Says Every Girl Deserves Opportunity

COMMUNITY REPORT2 days ago

Fresh Oil Discovery Sparks Tension in Delta Community as Family Rejects Lease Deal

FEATURED2 days ago

Delta Police Arrest 26-Year-Old Armed Robbery Suspect in Asaba, Recover AK-47, Guns

Profiled
FEATURES3 days ago

EFCC Recovers $104,950 for US-Based Businesswoman in Disputed China Truck Deal

ENTERTAINMENT3 days ago

Happy Birthday To My Wife, Mena Ogbodu — A Heartfelt Note From Bigpen

FEATURED3 days ago

PVC Collection: Obidient Movement Alleges Vote Buying, Warns Deltans Against Releasing PVC, Bank Details

FEATURED3 days ago

Delta North Senate 2027: Why Okowa Has Edge Over Ochei in Anioma Battle

FEATURED3 days ago

2027: Ibori Declares Massive Support For Tinubu, Oborevwori as Delta Governor Orders Overhaul of Dilapidated Schools

Advertisement
Advertisement

z

   


Article Banner