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Home Business News

This State Governor Has Exempted Lower Income Earners From Paying Taxes

mudeerat olawunmi by mudeerat olawunmi
January 17, 2017
in Business News, Politics
This State Governor Has Exempted Lower Income Earners From Paying Taxes
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Nairametrics| The Cross-river state governor, Ben Ayade has disclosed at the State Executive Council Chambers, Calabar after the signing of the 2017 appropriation bill of N707 billion into law, that low income earners are exempted from paying taxes.
Ayade’s decision is sequel to the citizens, especially the low income earners and petty traders discontent with the collection of taxes and also following the current economic situation.
He also said that, “his administration would rather tax his intellect to prosperity rather than taxing the low income earners.”

Source: Channelstv.com

mudeerat olawunmi

mudeerat olawunmi

Mudeerat Olawunmi is a graduate of Business Administration with over 5 years experience in online data gathering and analysis. Wunmi is a data analysts at Nairametrics and helps ensure that our readers get some of the most important macro and micro economic data required to help make investing decisions.

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