The Enugu State Government has justified the recent increase in taxes, citing the need to improve infrastructure and boost economic growth.
The Deputy Governor, Ifeanyi Ossai, provided the explanation on Thursday during the Annual General Meeting of the Enugu Chamber of Commerce, Industry, Mines, and Agriculture, held at the Chamber’s Secretariat.
Representing Governor Peter Mbah at the event, Ossai assured the business community that the administration’s decision to adjust taxes was aimed at fostering business growth and ensuring sustainable development in the state.
According to Ossai, the tax increment was a difficult but necessary decision, taken to address the challenges posed by dwindling federal allocations and to encourage inclusive participation in the state’s development.
“We are working to make Enugu a hub for businesses. We are committed to doing everything within our power to ensure businesses thrive in the state,” Ossai said.
He acknowledged the discomfort associated with paying taxes, emphasizing that the decision was in the best interest of the state’s economy.
“We know it hurts to pay taxes, but those who complain the most are often those who have been benefitting from loopholes in the tax system. These decisions were tough, but they are necessary to prevent economic collapse,” he added.
The Deputy Governor further highlighted the administration’s investments in infrastructure, noting that these projects are designed to create an enabling environment for businesses to flourish.
“We urge citizens to cooperate with the government. If businesses must succeed, we must work together to provide the necessary infrastructure,” he stated.
Earlier, the President of ECCIMA, Sir Odeiga Jideonwo, expressed appreciation to Governor Mbah for his continued support of the Chamber, particularly in improving road infrastructure at the Permanent Site of the International Trade Fair Complex.
Jideonwo also announced that the 36th edition of the Enugu International Trade Fair would take place from April 4 to April 14, 2025.
He applauded the administration for its rapid developmental strides, including the construction of a 1,000-metre tent at the Trade Fair Complex to accommodate Small and Medium Enterprises (SMEs).
“This administration has demonstrated its commitment to creating a business-friendly environment, and we commend the governor for his efforts in making Enugu a destination for business and investment,” Jideonwo said.
The meeting further solidified the government’s commitment to working collaboratively with the business community to drive economic growth in the state.