How to move Oyo forward, by Makinde
From Olu Babalola, Ibadan
In order to be able to fulfill his promises on provision of social amenities, enduring infrastructure, regular payment of government obligations and other amenities, Oyo State Governor, Engr. Seyi Makinde has pleaded for the support of different stakeholders operating in the State on adequate deductions, prompt remittance of taxes and other levies.
This was stated during a one-day sensitization workshop on Computations, Deductions and Remittances for Federal and State Ministries, Departments and Agencies (MDAs) as well as Tertiary Institutions in the state held at the House of Chiefs Secretariat, Ibadan.
Speaking on behalf of Engr. Seyi Makinde, the Executive Chairman, Oyo State Internal Revenue Service, Aremo John Adeleke reiterated that the intention of the present administration is not going to over-burden any business enterprise either small or big but rather to ensure government gets its fair and reasonable share of all its eligible tax revenue.
Makinde said: “Presently, the fluctuations and other complex gyrations of the international oil market and the global economy mean unstable and often lower revenue from federal allocation. “The need to look inward to generate enough internal revenue to cater for the high societal demand has never been this much.
“We count on companies and other businesses to ensure that they regularly deduct and remit their employees’ PAYE tax to covers of our treasury. This will ensure mutual reciprocation of right and duties on the part of all parties. I regard such complying institutions, businesses and contractors as friends of my government and corporate citizens of this state of enduring opportunities,” he noted.
In his remark, the Head of the partnering firm, Mr. Femi Adeniji explained that the workshop was about sensitizing various agencies about their responsibilities pertaining to tax and other dues, adding that participants will be taught the right ways of making deductions so as not to shortchange the government.