• Friday, June 14, 2024
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Minister inaugurates revenue committee to tackle multiple taxation, others

Minister inaugurates revenue committee to tackle multiple taxation, others

Muhammad Bello, Minister of the Federal Capital Territory, has inaugurated the Joint Revenue Committee (JRC) mandated to harmonize all sources of revenue with a view to block leakages and address multiple taxations.

Bello, while inaugurating the members of the committee in Abuja charged them to justify the confidence reposed on them by designing strategies to optimise revenue in the territory, saying the issues are crucial and the committee must address them extensively.

With this development, the minister enthused that the FCT will witness exciting times in terms of revenue generation.

“I am glad that the area council chairmen key into this project, there must be a collaboration with chairmen on this course for success to be recorded. This is for the betterment of all major stakeholders, it is better to get 10 per cent from a big pool than to get 100 per cent from a small pool”, he said.

In his remarks, the chairman of JRC also the Acting Executive Chairman of the FCT-IRS, Haruna Abdullahi thanked the Minister for his support in ensuring this was realised adding that the political will deployed on this project was appreciated.

“The Minister’s leadership and guidance have been instrumental in the formation of this Committee, and we are truly honoured by your unwavering support”.

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“I also appreciate the role played by the Permanent Secretary, FCTA, Distinguished Senators representing FCT Committees at the National Assembly, Honourable Members of the House of Representatives, and Chairmen of Area Councils, thank you for your invaluable contributions and commitment to the harmonization drive of the FCT” he stated.

Abdullahi said this Committee represented a landmark achievement in their shared mission to improve revenue generation and administration, foster economic growth, and enhance the overall quality of life for the residents of the FCT.

He however expressed gratitude for the collaborative spirit that had brought them together and would be looking forward to working closely with all stakeholders to achieve their common goals.

The Mandate Secretary of Economic Planning and Revenue Generation and PPP, Agboola Dabiri said with this development, he was leaving the office as a fulfilled person.

He said the constitution and inauguration of this committee was part of the outcome of the recent stakeholders’ retreat on Harmonisation of revenue and Ease of doing business in the FCT that took place in Akure.