Categories
AFNewsNG Logo
Economy Special Report

My Govt. Will Support Nigerian Breweries, Other Businesses In Abia - Otti Assures

Faith Ukanwa

Nov 29, 2023

My Govt. Will Support Nigerian Breweries, Other Businesses In Abia - Otti Assures
Abia state Governor, Dr Alex Otti, OFR, has assured that his government is willing to create the right environment for businesses to thrive in the state.

READ ALSO: Pastra Arinze Etie Explains How Governor Otti is Ending Revenue Leakages in Abia State

Governor Otti gave the assurance on Tuesday when he received in audience, the management of Nigerian Breweries PLC who paid him a business visit.

READ ALSO: BBNaija 2021: Emmanuel Cause Confusion, Reveals His Interest In Liquorose

The Governor promised that his administration will do everything possible to support the NBL and other genuine businesses in the state to remain afloat.

READ ALSO: Bring Back Cashless Policy, Naira Will Increase Value - Yul Edochie Begs Tinubu

According to the Governor, his government has reformed the Internally Generated System (IGR) and introduced the Treasury Single Account (TSA) as well as legislated on multiple taxation, all in the bid to enhance ease of doing business in the state.

READ ALSO: NASS: How Lawan, Gbajabiamula got it wrong

He said; "We are a business friendly government and we believe there's only so much the government can do.

READ ALSO: Nigeria's Economy Set to Grow 4.7% in 2026 - Edun Projects Job-Rich, Investment-Led Growth

"We have reformed like you rightly pointed out the entire system with respect to internally generated revenue, so that you don't see people on the streets with clubs chasing citizens and our corporate businesses. We believe that if you appreciate what government is doing, you will willingly pay your tax.

READ ALSO: Minister says Britain must reduce military dependence on U.S.: report

"We have also legislated away multiple taxation so you pay directly to the government. We will keep doing that, we know there will always be hiccups, people will resist change like it is but at the end of the day they begin to appreciate that what government is doing is better for them and everybody.

READ ALSO: 7 Online Money Traps Young Nigerians Are Falling Into

"Our government will do everything possible to support you to remain in Abia. If there is anything we can do as a government, don't hesitate to call our attention to it.

READ ALSO: Stella Oduah Reacts To NYSC Saga

The Governor encouraged the NBL to be a good corporate citizen and to create more job opportunities for the people. He noted that the creation of job is the panacea to reducing insecurity, noting that a lot of insecurity is fuelled by unemployment and high level of poverty.

READ ALSO: Emenike Iroegbu Celebrates Mayor of Isuikwuato, Hon. Chinedu Ekeke, on His Birthday

He promised that his government would look into one of the requests of the NBL team to repair the road leading to the company's facility.

READ ALSO: CSR: Ndokwa Community petitions Presidency, Threatens "Shut Down" of Oil Field in Niger Delta

Earlier in her speech, the Corporate Affairs Director NBL, Shade Morgan, who led the team, on behalf of the company's managing director, Mr. Hans Essaadi, told the Governor that the NBL has been operational in the state since 1967 and has continued to invest in the state.

READ ALSO: How CBN's New Policy Will Force Banks To Instantly Refund Failed ATM Transactions

According to her, the company has been discharging its social corporate responsibilities and has constructed and renovated classroom blocks in many communities in the state while its community investment in the area of health, water, electricity, had been ongoing.

READ ALSO: How Trump's Threat Triggered N2.8 Trillion Stock Market Crash In Nigeria - Investors Panic As Confidence Plummets

She highlighted some of the challenges confronting their operations to include poor state of road leading to the company and requested the Governor to address the deplorable 1.7 km road to retain investments in the area.

READ ALSO: Pastra Arinze Etie Explains How Governor Otti is Ending Revenue Leakages in Abia State

Morgan commended the Governor for introducing the Treasury Single Account system which she noted will enhance ease of doing business, granting waiver for their trucks and encouraged government to continue to boost security and restated their commitment to partnering the state government.

Related Stories

""

— Faith Ukanwa

Join the Conversation

Signed in as Member