Latest Headlines
‘We Must Confront Multiple Taxation to Boost Job Creation’
The newly inaugurated President of the Abuja Chamber of Commerce and Industry (ACCI), Chief Emeka Obegolu, has called for the elimination of multiple taxation in order to facilitate job creation for Nigerians.
He said with the multiplicity of taxes, it would be difficult to stimulate employment generation as it becomes challenging for companies to operate profitably.
Speaking at his inauguration as the 12th President of ACCI in Abuja, he said, “I have spent my working life in the private sector, 25 years in the private sector. I understand that when government takes money out of the hands of people, it shrinks their disposable income.
“If they can’t buy things, the economy doesn’t grow. If the economy doesn’t grow, we don’t put Nigerians to work.
“We must confront multiple taxation and eliminate it. We must put Nigerians to work.”