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Lagos Goes After Tax Defaulters

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Evaluation of Public Accountability and Tax Culture among Tax Payers in Nigeria
  • Lagos Goes After Tax Defaulters

A massive tax enforcement is on the way in Lagos. The state government yesterday directed all its revenue agencies to all tax defaulters.

Commissioner for Information and Strategy, Steve Ayorinde, who broke the news in a statement. He lamented that many residents were not fulfilling their civic obligation of paying taxes, saying the prevailing situation would adversely affect the government’s infrastructural renewal drive ongoing across the state.

He said the government had concluded plans to go all out to enforce the tax laws so as to bring more Lagosians into the tax net.

Lagos State Governor, Akinwinmi Ambode at a forum, expressed concern that only about 600,000 Lagos residents are up to date in paying their taxes, a situation he said was not helpful to scale up provision of infrastructure and other amenities for the people.

Ayorinde said the Government remains committed to completing all ongoing projects on schedule, but that it was largely dependent on prompt payment of taxes by residents in the State.

He listed some of the major ongoing projects to include, the Oshodi Transport Interchange, reconstruction of the Oshodi International Airport Road, network of roads in Epe to link Ijebu Ode, construction of Bus Rapid Transit (BRT) Lane from Abule Egba to Oshodi as well as the construction of the Pen Cinema flyover.

He said government has commenced the construction of over 20 network of roads within the boundaries of Lagos and Ogun States to ease movement and enhance business activities between the two States.

He listed the 20 roads to include Ikola Road with Odo Obasanjo Bridge – 6.4km (from Ipaja/Command to Ilo River); Ogunseye Road – 1.75km (from Ajasa/Command to Ikola Road); Oko Filling Road – 1.5km (from AIT to Ilo River); Osenatu Ilo road – 620m (from Ibari Road to Ilo River); Amikanle road – 3.1km (from AIT to Ogunseye Road); Aina Aladi road – 1.9km (from AIT to Ilo River) and Aiyetoro Road with a bridge– 1.4km (from New Market/Ishefun Road intersection to Ilo River).

Ayorinde said these projects have already begun in earnest. The construction of the 181 roads earmarked across the 57 local councils, which is now an annual ritual of this Government will commence anytime soon and many more too numerous to mention.

He said Ambode was commited to ensuring that all these projects are completed before 2019. But the possibility of achieving such will require taxable citizens of the state who have not been paying their taxes to start doing so, he stated.

“This administration is grateful to Lagosians who have supported the government, particularly in the discharge of their civic responsibility through payment of taxes. That is the oil that keeps the engine and wheels of government moving smoothly.

He drew attention to the fact that when there are no resources, these projects would be stalled. No government in the world can achieve its set out objectives without funds and these funds are available ongoing largely from what residents pay as taxes. It is therefore expedient that taxes should be paid correctly as at when due”, he said.

Ayorinde listed some of the major projects that have been completed so far to include the Abule Egba and Ajah flyovers, the Aboru Abesan Link Bridge, Ago Palace Way, Ajasa Command Road, network of roads in Ogudu and Epe and the construction of the DNA Forensic Centre, among many others, were as a result of the tax payers money which according to him, the state government judiciously utilized to make life more comfortable for the people.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

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Transcorp Hotels Expand into Marketplace, Launches Aura to Connect People, Hoteliers, Others

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Transcorp Hotels Plc, on Thursday, announced it has launched a new digital platform, Aura, through which people can book accommodation, restaurants and experiences.

Aura, Transcorp’s first in the alternative accommodation segment, is part of the company’s asset-light model, leveraging technology to deliver true hospitality, exciting experiences, and drive shareholder value.

It’s a new dawn in the hospitality industry! I am thrilled to introduce you to Aura by Transcorp, the digital platform we are using to connect people to quality accommodation, great food, and awesome experiences,” Managing Director and Chief Executive Officer of Transcorp Hotels Plc. Dupe Olusola said.

For more than 30 years, Transcorp Hotels Plc has been at the forefront of creating a superior guest experience at our locations. Today, our commitment to innovation has offered us an opportunity to extend this beyond the hotel premises,” Olusola added.

The launch of Aura by Transcorp is one of the most significant developments in the company’s history as it seeks to transform the travel and tourism industry in Africa by focusing on three important components of travel, whether for leisure or business — where you stay, what you eat and how you spend your time. With its people-driven hospitality model, Aura is set to revolutionise travel and help remind Africans of our deep history of hospitality.

Speaking on the launch of Aura, Obong Idiong, Chief Executive Officer at Africa Prudential Plc, Aura’s technology partners, expressed his excitement. “Finding the right accommodation when you travel can be incredibly complex. Options available for the right prices are often limited, and travellers sometimes end up with accommodation that taints the travel experience. Transcorp Hotels Plc has been able to fix that with Aura and we are proud to be associated with them.”

To ensure topnotch user experience, we built a solution to drive digital transformation through the adoption of shared living spaces for the Aura business. With an advanced search algorithm powered by artificial intelligence, Aura determines the relevance of locations taking into consideration, the customers’ preferences and requirements to meet them at the point of their needs,” Idiong added.

Priscilla Adeboye, a travel enthusiast and early adopter of Aura, said the global pandemic has pushed international travel down her list. “But I still want to be able to take some time off work or spend a weekend away from home with the family. I have found incredible homes on Aura that meet my need for space and privacy.

 

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Siemens Energy Nigeria Appoints Seun Suleiman as Managing Director

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Seun Suleiman is the New Managing Director of Siemens Energy Nigeria

Mr. Seun Suleiman is the new managing director of Siemens Energy Nigeria, the company announced on Wednesday.

According to the statement released by the energy company, Suleiman will be responsible for the entire management of operations and decisions on business policies and corporate strategy.

Commenting on his appointment, Suleiman said, “It is an absolute honor to lead the business for Siemens Energy Nigeria and I look forward to delivering on the brand’s promise of excellence.

Suleiman joined Siemens Energy in 2014, bringing over 15 years’ experience and deep expertise in the private sector across Europe and West Africa.

The statement said, “He is an accomplished business strategist and success-driven leader with strong business acumen. Suleiman has also been a core member of the executive management team at Siemens Energy serving in roles as Sales Director West Africa – Service Distributed Generation Oil & Gas and Vice President Service & Digital.

“Prior to this, he also held various functional and managerial positions with ABB Ltd UK, ABBNG Nigeria, Schneider Electric Nigeria and Dresser-Rand Nigeria Ltd.

It added that Suleiman was experienced in establishing operational excellence with specific competence in the power, oil and gas sectors.

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FG Reopens Osubi Airport Warri for Daylight Operations

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FG Reopens Osubi Airport Warri for Daylight Operations

The Federal Government on Monday said the Osubi Airport in Warri has been reopened for daylight operations.

The Minister of Aviation, Hadi Siriki, disclosed this in a tweet.

The airport was closed in February 2020 over mismanagement and debt allegation involving aviation service providers and airport management.

However, Oberuakpefe Afe, a lawmaker representing Okpe/Sapeie/vaie federal constituency, recently moved a motion for the Federal Government through the ministry of aviation and relevant authorities to reopen the airport for flight operations.

On Monday, Hadi Siriki said “I have just approved the reopening of Osubi Airport Warri, for daylight operations in VFR conditions, subject to all procedures, practices and protocols, including COVID-19, strictly being observed. There will not be need for local approvals henceforth.

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