Anambra approves tax exemption for small businesses
CHIGOZIE AMADI
The Anambra State Government has approved tax exemptions for groups whose business capitals are less than N100,000.
The state also approved the devolution of more powers to the local governments in the state in the area of sanitation.
The state Commissioner for Information, Law Mefor, disclosed this in a press statement on Tuesday, adding that the approvals were made at the end of the 35th State Executive Council meeting.
Mefor said the council also encouraged investors to take over the management of public enterprises in the state by restating that leasing and concessions agreements are better alternatives to the government managing them directly.
He added that the meeting observed a prayer for the late Senator Ifeanyi Ubah, who represented Anambra South at the 10th National Assembly, to rest in peace, adding that Soludo also recalled how he led the state government delegation to the burial at Nnewi, and how the senator’s passing was a major loss that served as a reminder of our mortality.
According to him, the council restated that the anti-touting law of the state remains in force and strongly advised touts to join the Soludo administration’s empowerment schemes for legitimate livelihoods.
He said, “The council also approved tax exemptions in Anambra State for groups whose business capitals are less than N100,000 and devolution of more powers to the local governments in the state in the area of sanitation.
“The council has approved a memo presented by the Commissioner for Water Resources and Power, Julius Chukwuemeka, for the rehabilitation of the vandalised injection substation at the Chukwuemeka Odumegwu Ojukwu University, Igbariam Campus. The contract was awarded to Kolc Ventures at the sum of N228,147,634.33.
“The contract for the provision of free internet access to the Anambra State House of Assembly Complex, Awka, at the sum of N81,872,000.00 was awarded to Pine Heights Global Resources Ltd to be installed within two weeks from the date of the contract award.
“The one for the construction of 151 open stalls at Afuzo Market, Isuofia, to boost local commerce and support economic growth was awarded to Crystal Dove Construction Company at the sum of N279,072,710.75.”
He noted that Allpee International Ltd won the contract for the road-marking of the Amawbia flyover motorway with a spur through Ezeuzu Junction to ICC, along Amansea Old Road in the sum of N118,716,874.41. It will be delivered in six weeks.
“The health sector got a boost as the ANSEC approved a memo for the supply and installation of new medical and non-medical hospital equipment at both the specialist hospital, Fegge, and the General Hospital, Anaku, Onitsha South, and Ayamelum LGAs. The contract was awarded to Chrislaug Ltd, ” the commissioner added
