Edo Govt, Manufacturers Meet To Address State Economic Challenge
Tracy Ohovwore, Benin city
In a concerted effort to enhance Edo State’s business environment in alignment with Governor Okpebholo’s vision for economic empowerment, the Edo State Investment Promotion Office (ESIPO) and the Ease of Doing Business Secretariat held a strategic consultation meeting with the Manufacturers Association of Nigeria (MAN), Edo/Delta Chapter.
The meeting, which took place at the MAN secretariat in Benin City, aimed to strengthen investment partnerships and discuss other pressing challenges faced by local manufacturers.
The government delegation, led by Hon. Amen Odigie, Managing Director of ESIPO, included representatives from the Ministry of Environment and Sustainability and the Ministry of Business, Trade, and Cooperatives, underscoring a holistic approach to fostering a business-friendly climate.
Hon. Odigie acknowledged the manufacturers’ concerns, particularly regarding tax collection practices, including issues with consultants collecting taxes and instances of unauthorised revenue collection.
He then reinstated the government’s commitment to reform, highlighting ongoing efforts towards tax harmonisation and introducing a tax credit scheme.
“We recognise the impact of tax collection issues on businesses, and we are committed to addressing them.
“This administration is serious about resolving challenges facing the business community, which is why we are here to listen and find solutions together,” he stated.
Also, to establish a transparent and predictable tax regime, the government called for the publication of all legitimate taxes and levies.
Chairman of the MAN Edo/Delta Chapter, Mr. Ehizogie Osadolor, highlighted the disruptions caused by unplanned levies.
According to him, “Manufacturers operate within structured budgets set at the beginning of the year, so facing unexpected taxes and levies is deeply concerning. There is a need for greater clarity and predictability in the system.”
Regardless of the concerns raised, the meeting also acknowledged positive developments, including improvements in land acquisition processes for agricultural investments.
