States’ tax reliefs to remain till 2021 – NGF

The governors of the 36 states have resolved to retain till next year the tax relief measures put in place in states for individual tax payers and businesses to lessen the burden of the coronavirus on the economy.

The resolution formed part of the outcome of the 16th teleconference meeting of the Nigeria Governors’ Forum (NGF) held on Wednesday

According to a communique issued at the end of the meeting, signed by the NGF’s Chairman, Governor Kayode Fayemi of Ekiti State, “all state governments through their Internal Revenue Services (IRS) will ensure the seamless implementation of tax relief programmes for businesses and taxpayers.

“These programmes which were released in some states since March 2020 are designed to reduce the financial burden of taxpayers in the country up till 2021 in some cases.”

The forum also resolved to work, through its sub-committee interfacing with the Presidential Task Force (PTF) on COVID-19, to address concerns raised by states on the reception of new inmates amidst measures taken to curtail the spread of COVID-19 across correctional facilities in the country.

“The forum resolved to provide leadership to the COVID 19 response in their respective states by ramping up risk communication activities and community testing for COVID-19.”

The forum called on state governments to nominate focal persons that will interface with the Ministry of Petroleum Resources on the actualization of the National Gas Expansion Programme (NGEP).

The Minister of State for Petroleum Resources, Timipre Sylva had addressed the Forum in July 2020 on the NGEP which is designed as a catalyst for Nigeria’s vast natural gas reserves.

The plan is intended to spur revitalisation across gas-based industries in fertiliser, methanol, textiles and feedstock for industries among others.

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