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News - South East - Anambra Updated: March 02, 2024

Endorse consolidated tax structure — Industrialists task Soludo

By Philip Adeboye
March 02, 2024
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The Awka Chamber of Commerce, Industry, Mines, and Agriculture (AWKACCIMA) has urged Governor Chukwuma Soludo of Anambra State to endorse the proposed consolidated tax structure supported by the private sector. 

Chuddy Egemba, President of AWKACCIMA, emphasized this during a meeting with Emeka Obegolu, President of the Abuja Chamber of Commerce, Industry, Mines, and Agriculture, at his office on Friday. 

Egemba highlighted that integrating and streamlining the different taxes and levies into a single system would effectively tackle the issue of multiple taxation in the state.

He said though businesses in Anambra, like other states, were passing through difficult times as a result of challenges with foreign exchange, power and high cost of production, there were areas the state could intervene to help investments survive.

Egemba called for greater synergy between the organised private sector and government for better understanding and cooperation as both needed each other to survive.

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He said, “We call for unified or consolidated taxes as this will check the problem of multiple taxation that businesses are subjected to. We are non-partisan, we are businesses so all we ask for is an improved operational environment.” 

On his part, Obegolu said he was in Awka in solidarity and to encourage them to continue to strive for survival in spite of the harsh operational environment occasioned by macroeconomic shocks.

He said that the Abuja Chamber would continue to provide support and collaborate with Awka where necessary.

Also speaking, the Anambra Commissioner for Culture, Entertainment and Hospitality, Don Onyenji, said the Soludo administration was doing its best to support businesses.

Onyenji, who is also the Vice Chairman of AWKACCIMA, said the interactivity between the state government and the OPS was active, cordial and yielding positive fruits.

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He blamed the relapse of power supply in Anambra on the collapse of generation, adding that the Memorandum of Understanding entered into with the Enugu Electricity Distribution Company was making Anambra a choice destination for investors.

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