Abia’s New Digital Tax System Will Curb Fraud, Increase Revenue – Otti

July 4, 2023
Abia’s New Digital Tax System Will Curb Fraud, Increase Revenue -Otti

Abia State government has launched a new digital tax system for transporters, traders and other categories of informal sector workers.

Announcing the new digital tax platform, the state governor said it is designed to curb fraud and augment revenue.

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“I’m proud to introduce a revolutionary digital tax system that is designed to curb fraud and augment revenue,” Otti stated.

He revealed that the system incorporates a free medical insurance scheme for all commercial vehicle operators, adding that the innovation would enable his administration to “fuel entrepreneurial growth and progress within the state.”

“We envisage this digital platform to not only simplify tax compliance, but also unlock substantial revenue for development projects, thereby strengthening our state’s economy.

“It offers easy payment options for both transporters and traders, and promotes transparency, reflecting our steadfast commitment to facilitating business operations in Abia state,” the governor added.

READ ALSO: Abia Gov, Otti, Suspends Payment Into Banks From Unauthorised Channels

Governor Otti has since his assumption of office on May 29, been harping on the need to have a transparent system of revenue collection in the state.

Victor Ezeja

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

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