Tax Collection: Obudu Local Government Unveils POS Machine

In Breaking News, Business & Economy, National News, Reports

By Ugani Elijah

The chairman of Obudu council signing the MoU.
The chairman of Obudu council signing the MoU.

Obudu Local Government Council in Cross River State has signed a Memorandum of Understanding, MoU with the Cross River State Government’s SmartGov in a deal facilitated by the Growth and Employment in States, GEMS3 on improved approach to revenue collection using the Point of Sale (POS) machine within the council’s jurisdiction.

The council chairman, Mr. Emmanuel Ugbe speaking while signing the MoU said, “This improved approach will help to curb leakages in revenue collection and boost internally generated revenue. This development is one of the outcomes of a series of engagement made by us to the organized private sector within and outside the state to attract them to Obudu. He announced that shortly, we will set up the Obudu Local Government Steering Committee on Tax-for-Service, TS which will comprise of all key stakeholders within our community here to help us drive this initiative for the benefit of our people”.

Going further, he maintained that the approach is also aimed at harmonizing taxes and sensitize tax payers to reduce issues such as double and illegal taxation, thereby strengthening socio-economic growth in the region”. He assured members of his executive council that the process will be as transparent as possible, as he reiterated his commitment to them.

On her part, the Cross River State Manager GEMS3, a project funded by the United Kingdom, UK Department for International Development Mrs. Geraldine Oko maintained that “GEMS3 works for both private and public sector at all levels to deliver a systematic framework that helps to make it easier to do business in Nigeria.

Cross section of participants at the MoU signing.
Cross section of participants at the MoU signing.

She posited that this union will lead to lasting improvements in economic opportunities for the poor, especially women. Adding that, it also aims to leave sustainable working systems as part of its legacy, making Nigeria a better place to do business for inclusive growth. “This program has a mandate to take this reform across all 18 Local Governments in Cross River State in phases”, she said.

Reacting on behalf of the Obudu Traditional Rulers Council, Chief Obem Orim, Clan Head of Ukpe, thanked the Chairman of Council for the foresight and promised to take the message to his contemporaries and all and sundry, stressing. “The Traditional Rulers Council will key behind this project and will do its needful to support the system”, the chief ended.

The Chairman of the Obudu Traders Union, OUT, Mr. Emma Ugwu commended the Chairman and his team for the initiative, promising that the POS machine would be unveiled at the level of the traders union in Obudu to further create awareness. He expressed high hopes that the POS will yield better tax result maintaining that the market traders were part of the deliberations that yielded this result which he is delighted about.

Since You Are Here, Support Good Journalism

CrossRiverWatch was founded on the ideals of deploying tech tools to report in an ethical manner, news, views and analysis with a narrative that ensures transparency in governance, a good society and an accountable democracy.

Everyone appreciates good journalism but it costs a lot of money. Nonetheless, it cannot be sacrificed on the altar of news commercialisation.

Consider making a modest contribution to support CrossRiverWatch's journalism of credibility and integrity in order to ensure that all have continuous free access to our noble endeavor.


New Feature: Don't miss any of our news again.Get all our articles in your facebook chat box.Click the Facebook Messenger Icon below to subscribe now

Text Advert by CRWatch :Place Yours

Will You To Learn How To Make Millions Of Naira Making Special Creams From Your Kitchen?.Click Here

Expose Your Business And Make More Sales. Advertise On Today

You may also read!

Edgerley Memorial Name Sport House After Late Temitope Ekpenyong

By Patrick Obia Edgerley Memorial Girls Secondary School Calabar has named a sport house after the late Mrs. Temitope


UNICAL: The Accused, The Accuser, The Purveyor Of The Accusations And The Rest Of Us BY OGAR EMMANUEL OKO

A few years ago, Mr. Agi Peter, a young vibrant and the shrewd chartered accountant, the youngest ever Bursar


Cross River PCRC Hold Security Summit, Calls For Effective Community Watch

By Maxwell Effiong  The Nigerian Police Force has beckoned on community members to keep effective neighborhood watch in their


Leave a reply:

Your email address will not be published.

Mobile Sliding Menu

Share this now