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  • Welcome
  • Special reports
    • All
    • Unedited for the record
    Nigeria military suffers fresh casualties after losing a Commanding officer, six soldiers in Borno

    Nigeria military suffers fresh casualties after losing a Commanding officer, six soldiers in Borno

    His continued incarceration  a source of pain for Ndigbo, Ohanaeze says in a renewed call for Kanu release

    His continued incarceration a source of pain for Ndigbo, Ohanaeze says in a renewed call for Kanu release

    Trump: Iran’s new supreme leader alive but ‘damaged’

    Iran has undergone ‘regime change’, says Trump

    For daring the ruling class, Nigeria military dismisses soldier who urged children of the elites to join fight against bandits

    For daring the ruling class, Nigeria military dismisses soldier who urged children of the elites to join fight against bandits

    Dangote refinery raises petrol price for the fifth time in March from N774 to N1275 per litre

    Dangote refinery raises petrol price for the fifth time in March from N774 to N1275 per litre

    Police promotes  seven AIGs to DIGs

    Police promotes seven AIGs to DIGs

  • Metro News
    FCT NAWOJ demands justice for women

    FCT NAWOJ demands justice for women

    FCT suspends riders, drivers  levy over multiple taxation complaints

    FCT suspends riders, drivers levy over multiple taxation complaints

    Wike nullifies 485 R of O applications over fake allocation papers

    Wike nullifies 485 R of O applications over fake allocation papers

    FCTA begins crackdown on  1,095 abuja properties over non-payment of statutory charges

    Wike has met 10 out of 14 workers demands, says aide

    FCTA removes 607 beggars, mentally challenged from Abuja streets

    FCTA removes 607 beggars, mentally challenged from Abuja streets

    FCTA workers announces indefinite strike over tenure elongation of retired perm sec, directors ,others

    FCTA workers announces indefinite strike over tenure elongation of retired perm sec, directors ,others

  • Latest News
    • All
    • Crime watch
    Alleged $35million NCDMB fraud: Court rejects Akintoye’s document

    Alleged $35million NCDMB fraud: Court rejects Akintoye’s document

    ADC expels Nafiu Bala, others for alleged anti-party activities

    ADC expels Nafiu Bala, others for alleged anti-party activities

    Terrorists kill Nigerian brigadier general

    Army lament low enrolment of Eket youths in Military service

    Fresh Benue bandit attacks claims 13 lives, police officer

    Fresh Benue bandit attacks claims 13 lives, police officer

    Ibadan estate agent arraigned for alleged N2.3 million fraud

    Ibadan estate agent arraigned for alleged N2.3 million fraud

    Nigeria military suffers fresh casualties after losing a Commanding officer, six soldiers in Borno

    Nigeria military suffers fresh casualties after losing a Commanding officer, six soldiers in Borno

    Trending Tags

  • Infotech
    Amazon turns to artificial intelligence after cutting 16,000 jobs.

    Amazon turns to artificial intelligence after cutting 16,000 jobs.

    Cyber attack disrupts European airports

    Cyber attack disrupts European airports

    NIMC partners online publishers to boost digital security through NIN enrollment

    NIMC partners online publishers to boost digital security through NIN enrollment

    Facebook set new monetization rules for creators who uses other people content

    Facebook set new monetization rules for creators who uses other people content

    Senate approves restoration of Aniocha North II State Constituency, Delta

    Bill mandating social media platforms to have physical office, records of employees pass second reading at the Senate

    Nigeria investigated  213 privacy breaches in 2024-NDPC

    Nigeria investigated 213 privacy breaches in 2024-NDPC

  • World conflict & diplomacy
    Trump: Iran’s new supreme leader alive but ‘damaged’

    Iran has undergone ‘regime change’, says Trump

    China, Russia abstain as UN adopts resolution condemning Iran’s attacks on Gulf

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    Iran President apologises to neighbouring countries for attacks

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    BREAKING: Iran’s supreme Leader Ali Khamenei confirmed dead

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    Gov Otti to immortalise 1929 Aba Women’s Riot heroines

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    Nigerian Muslims, others should be protected against islamophobia- UN Secretary General

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Lawmakers seek tax incentives for small businesses in FCT

Daily Intel Newspaper by Daily Intel Newspaper
February 15, 2025
NOA seeks stakeholders support for tax reform bills in Gombe

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Some members of the House of Representatives on Friday advocated tax incentives for businesses in the Federal Capital Territory to thrive.

The lawmakers made the call at the unveiling of an entrepreneurial centre, Dreamskin Luxe Empire, in Abuja.

The unveiling of the centre was to commemorate St. Valentine’s Day.

A member, Chinedu Obika, representing Abuja Municipal/Bwari Federal Constituency, specifically described FCT as a thriving environment for businesses.

Mr Obika called on the FCT Minister, Nyesom Wike and others to prevail on tax administrators not multi-tax small-scale business owners.

He said that multiple taxes would discourage entrepreneurship and development in the area councils, as some of the tax administrators collected tenement rates, business premises tax and all kinds of taxes.

According to him, they should be able to harmonise the taxes in order not to put too much pressure on businesses and force them to close down.

He stated, “This is because when businesses are closed, the people who are engaged in them will fall back to the streets; and an idle mind is the devil’s workshop. So the area councils, it is their duty to make sure that the businesses are encouraged through tax rebates or tax reduction. I am appealing to the Area Council Chairmen who represent AMAC and Bwari Area Councils, to look into the way and the model they are using to tax businesses in Abuja.

“Businesses like this that have sprung up should be encouraged. Instead of taxing them more, you should give them tax incentives to encourage them to employ more people or create more businesses. This will help to reduce unemployment. So we should be talking to them to make sure that they don’t double-tax these small, young businesses that are springing up,” he said.

Also speaking, another member, Ikenga Ugochinyere, representing Ideato Federal Constituency, said that the Tax Reform Bills, when passed, would give strong encouragement to small businesses.

Mr Ugochinyere said that they would also ensure that the tax pressure was moved to big businesses, thus limiting the impacts on small businesses.

On her part,Chinwe Nnabuife, representing Orumba North/South Federal Constituency, called for more public/private partnerships to tackle unemployment in the country.

Ms Nnabuife also called for youth empowerment, saying that it would tackle restiveness and agitations.

“When you empower somebody, you are giving the person the go-ahead to explore and to be self-sufficient,” she said.

Similarly, Mohammed Jamilu, representing Faskari/Kankara/Sabuwa Federal Constituency, called for collaborative efforts to tackle unemployment in the country.

Mr Jamilu stated, “Relevant players in the private sector should partner with the government to address unemployment and ensure youth empowerment to curb insecurity and other social vices in society.

Earlier, the centre’s Chief Executive Officer, Nancy Irole, said that inauguration of the Spa was ‘’a dream come true.’’.

Ms I role said, “Dreamskin Luxe Empire isn’t just a spa or a beauty lounge. It’s a place designed for Nigerians to check their wellness as they go about their normal business. It is a space where beauty, wellness and self-care come together to create an experience that leaves you feeling refreshed, confident and completely at ease.’’

(NAN)

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