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    Iran slams G7 statement for ignoring Israel’s blatant aggression

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    Obi calls for immediate end to violence against Benue communities

    Obi calls for immediate end to violence against Benue communities

    Police extend deadline for tinted glass permit to August 12

    Police extend deadline for tinted glass permit to August 12

    Tinubu govt assures farmers of security support against bandits, killer herdsmen

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  • Welcome
  • Special reports
    • All
    • Unedited for the record
    Obi calls for immediate end to violence against Benue communities

    Obi calls for immediate end to violence against Benue communities

    Six nuclear scientists killed in Israel attack on Iran — Reports

    Six nuclear scientists killed in Israel attack on Iran — Reports

    UK backs Morocco’s autonomy plan for Western Sahara

    UK backs Morocco’s autonomy plan for Western Sahara

    Full text:  PRESIDENT BOLA TINUBU’S STATEMENT ON THE SECOND ANNIVERSARY OF HIS ADMINISTRATION

    Full text: PRESIDENT BOLA TINUBU’S STATEMENT ON THE SECOND ANNIVERSARY OF HIS ADMINISTRATION

    New oral antibiotics to treat complicated urinary infections set for approval-GSK

    New oral antibiotics to treat complicated urinary infections set for approval-GSK

    Again, armed men invade another Abuja estate, many feared abducted

    Again, armed men invade another Abuja estate, many feared abducted

  • Metro News
    Abuja braces for two-week without water as rehabilitation works commence

    Abuja braces for two-week without water as rehabilitation works commence

    Ground rent: FCTA to take ownership of 4,794 revoked properties from Monday

    Ground rent: FCTA to take ownership of 4,794 revoked properties from Monday

    Apo-Wassa road ready for inauguration on Tinubu’s second anniversary-Wike

    Apo-Wassa road ready for inauguration on Tinubu’s second anniversary-Wike

    Wike approves recruitment of 34 resident doctors for FCT hospitals

    Wike constitute teams to screen Abuja land tittles

    FG revokes allocation to defaulting national housing programme beneficiaries

    Only two of 445 mass housing developers met FCTA conditions – Official

    Police foil robery operation in Abuja estate

    Police foil robery operation in Abuja estate

  • Latest News
    • All
    • Crime watch
    Iran slams G7 statement for ignoring Israel’s blatant aggression

    Iran slams G7 statement for ignoring Israel’s blatant aggression

    Gov Otti to unveil 25-year ‘Greater Aba’ master plan

    Gov Otti to unveil 25-year ‘Greater Aba’ master plan

    TETFund, NEITI partner on data, information sharing

    TETFund, NEITI partner on data, information sharing

    Alleged Fraud: Abuja court admits Emefiele to N2 billion bail

    Alleged Fraud: Abuja court admits Emefiele to N2 billion bail

    Tinubu makes  leadership changes at federal varsities

    FG unveils youth confab portal ahead of Tinubu’s re-election campaign

    UN cuts humanitarian aid as funding crisis deepens

    UN cuts humanitarian aid as funding crisis deepens

    Trending Tags

  • Infotech
    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

    FG begins construction of emerging technologies Institute in Kano

    FG begins construction of emerging technologies Institute in Kano

    MTN denies orchestrating poor network to influence FG, labour talk, apologizes for network fluctuations

    MTN shuns Labour-FG committee on tariff review, hike data tariff by 200%

    Disconnections not to frustrate ₦EndBadGovernance Protest-Telcos

    FG receives recommendation on telecoms tarrif hike

    Peter Obi donates computers to Adamawa school, canvasses increased knowledge in ICT

    Peter Obi donates computers to Adamawa school, canvasses increased knowledge in ICT

  • World conflict & diplomacy
    Iran slams G7 statement for ignoring Israel’s blatant aggression

    Iran slams G7 statement for ignoring Israel’s blatant aggression

    Iran launch over 100 drones towards Israel as conflict escalates

    Iran launch over 100 drones towards Israel as conflict escalates

    Six nuclear scientists killed in Israel attack on Iran — Reports

    Six nuclear scientists killed in Israel attack on Iran — Reports

    UK backs Morocco’s autonomy plan for Western Sahara

    UK backs Morocco’s autonomy plan for Western Sahara

    New ceasefire deal: Hamas to release 10 Israeli hostages, 18 dead others

    New ceasefire deal: Hamas to release 10 Israeli hostages, 18 dead others

    Kurdish fighters, the PKK announced it is disbanding after 40-year of struggle

    Kurdish fighters, the PKK announced it is disbanding after 40-year of struggle

  • Security
    Obi calls for immediate end to violence against Benue communities

    Obi calls for immediate end to violence against Benue communities

    Police extend deadline for tinted glass permit to August 12

    Police extend deadline for tinted glass permit to August 12

    Tinubu govt assures farmers of security support against bandits, killer herdsmen

    Tinubu govt assures farmers of security support against bandits, killer herdsmen

    Northern governors, traditional rulers back state police

    Northern governors, traditional rulers back state police

    Senate approves restoration of Aniocha North II State Constituency, Delta

    Senate sets up ad hoc committee for national security summit

    Benue gets new commissioner

    Benue gets new commissioner

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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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