From David Onwuchekwa, Nnewi
The Peoples Redemption Party (PRP) governorship candidate in Anambra State, Dr. Stephen Mbah, has said his administration would review what he described as the excessive taxation on companies in Anambra and also generate enough employment opportunities for unemployed youths in the State.
Mbah said excessive taxation on companies makes it difficult for them to have enough reserve for expansion to generate employment opportunities. He said taxes on companies should be made affordable to encourage both foreign and indigenous investors to come to the State.
“I intend to create 3,000 job opportunities in the first two years of my administration and as a successful businessman, I would apply the necessary techniques to generate them. My government would reduce the burden of Internally Generated Revenue (IGR) on the people of the state because experience has shown that if you reduce company taxation and tax holidays and create the enabling environment like provision of adequate security, social infrastructure, among other things, there is every tendency that the State will witness an influx of foreign investors and local ones will equally be encouraged. This in turn will boost the State economy, people will be employed and crime will be drastically reduced. That is the way to go”, he said