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  • Welcome
  • Special reports
    • All
    • Unedited for the record
    Terrorists captures serving military general, kills several soldiers in Borno midnight ambush

    Terrorists captures serving military general, kills several soldiers in Borno midnight ambush

    US Senator Ted Cruz links sharia practices to Christian violence in Nigeria

    US Senator Ted Cruz links sharia practices to Christian violence in Nigeria

    Wike issues final grace period for FCT land use defaulters

    Wike issues final grace period for FCT land use defaulters

    Don’t put your hope on Russia, China, wipe out terrorists and their sponsors, Adeboye tells Tinubu

    Don’t put your hope on Russia, China, wipe out terrorists and their sponsors, Adeboye tells Tinubu

    US lawmaker slams Tinubu’s denial of Christian persecution in a resolution at the Congress

    US lawmaker slams Tinubu’s denial of Christian persecution in a resolution at the Congress

    Staff exits from Nigerian varsities worries N’Assembly

    Reps to present report on Plateau killings to Tinubu

  • Metro News
    FCTA distributes 5000 cylinders to formally end use of charcoal, firewood for cooking

    FCTA distributes 5000 cylinders to formally end use of charcoal, firewood for cooking

    Wike issues final grace period for FCT land use defaulters

    Wike issues final grace period for FCT land use defaulters

    Indefinite strike: FCTA has met 90% of resident doctors’ demands- official

    Indefinite strike: FCTA has met 90% of resident doctors’ demands- official

    Abuja neighbourhood protest conversion of green areas to estates

    Abuja neighbourhood protest conversion of green areas to estates

    Police discovers decomposing bodies of woman, two children in Abuja community

    Police discovers decomposing bodies of woman, two children in Abuja community

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    Doctors in FCT commence warning strike, cite systemic failure, infrastructure decay, others

  • Latest News
    • All
    • Crime watch
    RCCG pastor arraigned for allegedly molesting 14-year-old girl in Lagos

    Nasarawa Judicial Commission dismisses 5 judicial officers

    Nigeria military confirms two soldiers were killed in Friday Boko Haram ambush, denies General’s adduction reports

    Nigeria military confirms two soldiers were killed in Friday Boko Haram ambush, denies General’s adduction reports

    Terrorists captures serving military general, kills several soldiers in Borno midnight ambush

    Terrorists captures serving military general, kills several soldiers in Borno midnight ambush

    Kano judicial commission appoints acting chief registrar, approves 30 Shari’a court judges

    Kano judicial commission appoints acting chief registrar, approves 30 Shari’a court judges

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  • Infotech
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    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

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    FG begins construction of emerging technologies Institute in Kano

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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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