By Merit Ibe
The Organised Private Sector of Nigeria has said manufacturers and businesses in the country have endured between 60 to about 120 forms of taxes, levies or fees for decades.
They made the remark following the four proposed Nigeria tax reform bills currently before the National Assembly, noting that the sector is convinced that the bills were needed for a more conducive business environment for the private sector and businesses in general.
Chairman of the OPSN, Francis Meshioye, said it is necessary for all stakeholders to be fully involved and appreciative of the new order being created, adding that this can only be achieved when all sceptics and concerned individuals and groups are well informed.
“The private sector is a catalyst for sustainable economic growth and as critical players, it is expedient we come to a full understanding by maximizing the benefits of these high-level interactive sessions,” he added.
Similarly, the Director General, Manufacturers Association of Nigeria, Segun Ajayi-Kadir, said the challenge of multiple taxation once featured as the topmost concern for manufacturers in our Manufactures CEO Confidence Index (MCCI).
“We have engaged all the tiers of government at various times; presented countless position papers and organized numerous conferences, seminars and workshops, all aimed at overcoming this hydra-headed menace. The problem persisted because, at best, subsequent governments have paid lip service and inexplicable absence of political will to follow through on proffered recommendations or agreed solutions.
“We have endured between 60 to about 120 forms of taxes, levies or fees at any given time for decades.
We have endured acute uncertainty as to what our tax obligations would be. Unorthodox and demeaning methods of collecting legal and illegal taxes, by state and non-state actors have remained a permanent feature of our business life across the country.
“These and many more are the reasons why this reform is of significant importance to our profitability and competitiveness. We hope to build a united front and engender a critical mass of support for the expedited passage of the bills and accent by Mr. President. We also expect and would actively demand unfettered implementation of its provisions. Our goal is to work together with all well-meaning Nigerians towards creating a tax system that is supportive of productivity, inclusivity and prosperity for all.”