Abia woos investors with tax waivers

Governor Okezie Ikpeazu of Abia State has announced new tax and levy waivers for potential investors in the state’s industrialisation programme.

A statement by the commissioner for Information, John Okiyi Kalu, yesterday, said the move was to tackle the harassment of business organisations in the state by sundry agents.

Thus, the state government waives 100 percent tax and dues (excluding user fees and PAYE) for new investments in education of not less than N500m in verified value and workforce of not less than 100 persons.

Under the new regime, 100 percent tax waivers are also granted for the following sectors: manufacturing with value of N500m and workforce not less than 50 persons; healthcare valued at N500m with workforce not less than 20 persons.

Other areas of tax waivers are: hospitality with value of N300m and a workforce of not less than 20; and agro-allied with value of N50m and a workforce of not less than 50 persons.

https://www.dailytrust.com.ng/abia-woos-investors-with-tax-waivers-260387.html

yes am back, after being banned.is so frustrating knowing you can't comment. The moderator wey ban me how market?