Manufacturers worried over delay in Ogun tax harmonization bill passage

Manufacturers in Ogun State have expressed concern over the continuous delay in the passage of the reviewed harmonized revenue and other charges bill pending before the state house of assembly.

The house had last august announced plan to hold public hearing on the bill which had scaled through the second reading last May 22.

Nothing has been heard about the proposed public hearing, since the speaker, Suraj Adekunbi, gave his directive during the house plenary in august, to the relevant committees handling the bill, to conclude plans for the stakeholders forum on the bill.

Ogun State chapter of the Manufacturers Association of Nigeria (MAN) said the delay is raising the cost of doing business in the state, because of the multiple taxes and charges being paid to various government agencies by manufacturers.

The Association’s Secretary, Mrs Motunrayo Elegbeerun, speaking with Rockcity FM news, said the delay is also making it difficult for the locally   manufactured goods to compete favourably with imported goods which are cheaper for the consumers to buy.

She appeals to the Ogun State house of assembly to fast rack the process of holding public hearing on the state harmonized revenue and other charges bill and involve manufacturers to have their input into the bill before it passage.

The bill had suffered series of delay, since it was first presented in 2016 before it was later reviewed by the Ogun State government and represented to the state assembly this year.

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