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  • Welcome
  • Special reports
    • All
    • Unedited for the record
    Fight against insurgency: Middle-belt Forum hail FG, Israel security pact

    UN strongly condemn Borno attack that claimed 63 lives, including soldiers

    PANDEF back Tinubu’s state police proposal

    PANDEF back Tinubu’s state police proposal

    Canada’s economy sheds over 60,000 jobs in August

    Canada’s economy sheds over 60,000 jobs in August

    Embrace Igbo identity, Senator Nwoko urges Anioma people

    Embrace Igbo identity, Senator Nwoko urges Anioma people

    NCDMB outlines achievements,charges media, youth groups on social responsibility

    NCDMB outlines achievements,charges media, youth groups on social responsibility

    23,659  persons missing in Nigeria, says Red cross

    23,659 persons missing in Nigeria, says Red cross

  • Metro News
    Teachers, health workers strike,others:  Wike gets fresh ultimatum from FCT workers

    FCTA clears 1,000 shanties in Abuja district

    FCT set up committee to probe sales of FG houses, parks

    FCT set up committee to probe sales of FG houses, parks

    Imo government move to end open grazing in Owerri, issues two-week ultimatum to herders

    Imo government move to end open grazing in Owerri, issues two-week ultimatum to herders

    Lagos Assembly move to enact law to regulate house rents, agents, others

    Lagos Assembly move to enact law to regulate house rents, agents, others

    Teachers, health workers strike,others:  Wike gets fresh ultimatum from FCT workers

    Wike launch operation to flush street beggars, one- chance syndicate, others in FCT

    Teachers, health workers strike,others:  Wike gets fresh ultimatum from FCT workers

    Teachers, health workers strike,others: Wike gets fresh ultimatum from FCT workers

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    Ex-petroleum minister Ibe Kachikwu to  speak at NCDMB  business mentorship lecture series tomorrow

    Ex-petroleum minister Ibe Kachikwu to speak at NCDMB business mentorship lecture series tomorrow

    SERAP drag RMAFC to court over proposed salary increase for political office holders

    SERAP drag RMAFC to court over proposed salary increase for political office holders

    Amnesty International slams DSS request, urge  x not to delete anti-Tinubu post

    Amnesty International slams DSS request, urge x not to delete anti-Tinubu post

    Fight against insurgency: Middle-belt Forum hail FG, Israel security pact

    UN strongly condemn Borno attack that claimed 63 lives, including soldiers

    Japan’s Prime Minister Shigeru Ishiba resigns

    Japan’s Prime Minister Shigeru Ishiba resigns

    Fight against insurgency: Middle-belt Forum hail FG, Israel security pact

    Bandits kill seven in Katsina community

    Trending Tags

  • Infotech
    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

    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%

  • World conflict & diplomacy
    Hamas accepts new Gaza truce plan – Official

    Hamas accepts new Gaza truce plan – Official

    Ukraine conflict: Trump and Putin end Alaska summit without deal

    Ukraine conflict: Trump and Putin end Alaska summit without deal

    Rwanda-backed rebels kill hundreds in DRC despite U.S.-sanctioned ceasefire

    Rwanda-backed rebels kill hundreds in DRC despite U.S.-sanctioned ceasefire

    Sudan claims army destroys Emirati aircraft, killing Colombian mercenaries

    Sudan claims army destroys Emirati aircraft, killing Colombian mercenaries

    UK prime minister back US military strikes on Iran ‘s nuclear sites

    UK prime minister back US military strikes on Iran ‘s nuclear sites

    Israel bombs Iran’s heavy water reactor, says state television

    Israel bombs Iran’s heavy water reactor, says state television

  • Security
    Fight against insurgency: Middle-belt Forum hail FG, Israel security pact

    Fight against insurgency: Middle-belt Forum hail FG, Israel security pact

    Police, Omatekun, confirms the kidnap of seven farmers in Ondo

    Fear of attack grips Kwara NYSC over suspicious movements around camp

    Nwifuru demands arrest of killers of 13 Ebonyi indigenes in Anambra

    Nwifuru demands arrest of killers of 13 Ebonyi indigenes in Anambra

    State police only solution to Benue killings, others- Adams

    State police only solution to Benue killings, others- Adams

    Female suicide bomber kills 24, injure  scores in Borno community

    Female suicide bomber kills 24, injure scores in Borno community

    Obi calls for immediate end to violence against Benue communities

    Obi calls for immediate end to violence against Benue communities

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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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