Market leaders defy Emmanuel on tax reduction for traders

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Market leaders may have defied Governor Udom Emmanuel's directive to reduce taxes for traders to cushion the economic..

Market leaders may have defied Governor Udom Emmanuel’s directive to reduce taxes for traders to cushion the economic hardship arising from the Covid-19 pandemic.

They expressed their frustrations on Thursday during a virtual meeting organised by Policy Alert, a Civil Society Organization on “Covid-19 Tax Holiday in Akwa Ibom State”. A trader in Akpan Andem Market in Uyo metropolis, Mfon Okon alleged that some agents set up by market unions are still collecting revenue forcefully from them

Also Ofonime Udoakpan a trader from Eket revealed that some of these acclaimed government officials stay in the bush track to waylay poor women who carry vegetables and collect money from them in the name of ticket. But one of the participants, Michael Inyang said the State government should not just issue tax holiday without first, liaising with the local government authorities.According to him, local government authorities contract the revenue generation to an individual who pays the money in full to them.

 

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