Delta state government has reeled out tax relief incentives to certain categories of persons in the informal sector of the state economy comprising private school owners, hoteliers, and private hospital owners among others.
This is to enable the beneficiaries remain in business in this era of covid-19.
Commissioner for information, Charles Aniagwu in the company of the state chairman of internal revenue, Monday Onyeme disclosed this while briefing journalists at government house Asaba on the state government’s efforts in cushioning the effect of Covid-19 as well as other state government’s proactive steps in the past
According to Aniagwu, the World Bank has offered Delta State government $4.5m as grant for budget discipline, due process, transparency and accountability in its financial transactions.
Onyeme explained that any entrepreneur in the informal sector like publishers in the media industry, transport companies, and owners of eateries through application could as well benefit from the tax waiver.
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For his part, commissioner for economic planning, Barry Gbe assured that the tax waiver will not in any way affect the implementation of the 2020 budget of the state that was reviewed downward from #395 billion to #282 billion while commissioner for finance, Fidelis Tilije said every step of the state government since the outbreak of the virus was to protect the financial base of the state and to keep government businesses afloat.
(Editor: Nkoli Omhoudu)
