Pay tax, end poverty in Oyo —Makinde

The Oyo State Governor, Mr Seyi Makinde, has pleaded for the support of different stakeholders operating in the state on adequate deductions, prompt remittance of taxes and other levies to fulfil his promises on provision of social amenities, enduring infrastructure, regular payment of government obligations and other amenities.

Makinde stated this during a one-day sensitisation workshop on computations, deductions and remittances for Federal and State Ministries, Departments and Agencies as well as tertiary institutions in the state held at the House of Chiefs, Secretariats, Ibadan.

The governor, who was represented by the Executive Chairman, Oyo State Internal Revenue Service, Mr John Adeleke, reiterated that the intention of the present administration was not going to overburden any business enterprise but would ensure government gets its “fair share of eligible tax revenue.”

Makinde said, “Presently, the fluctuations and other complex gyrations of the international oil market and the global economy means unstable and often lower revenue from federal allocation.

“The need to look inward to generate enough internal revenue to cater for the much societal demand has never been this much. We count on companies and other businesses to ensure they regularly deduct and remit their employees’ PAYE tax to our treasury.

“This will ensure mutual reciprocation of right and duties on the part of all parties. I regard such complying institutions, business and contractors as friends of my government and corporate citizens of this state of enduring opportunities.”

Sahara Energy Resource Ltd, a subsidiary of Sahara Group, was co-founded by Mr Tonye Cole, the governorship candidate of the All Progressives Congress in Rivers State for the 2019 elections.

Eterna Plc has Mr Lamis Dikko as its chairman and Mr Mahmud Tukur, a son of a former National Chairman of the Peoples Democratic Party, Mr Bamanga Tukur, as the managing director/CEO.

Arkleen Oil & Gas Ltd was founded by Dr Gregory Ero, while Rainoil Limited was founded by Mr Gabriel Ogbechie, who is the company’s Group Managing Director.

Amazon Energy has Mr Trevor Akindele, a pastor at City of David Parish, Redeemed Christian Church of God, as its chairman, while Matrix Energy’s MD/CEO is Mr Abdulkabir Aliu. Aliu is the pioneer Group CEO and a founding member, according to the company’s website.

Levene Energy Development Limited is a subsidiary of Levene Energy Group whose Group Chairman and Group Vice Chairman are Mr Asue Ighodalo and HRM Nasir Ado Bayero, respectively.

UTM Offshore Ltd has Mr Julius Rone as its GMD/CEO, while Vincent Ajala is the Executive Vice Chairman of Masters Energy Oil & Gas.

Five of the indigenous companies, namely: Barbedos Oil & Gas Services Ltd, Petrogas Energy, Bono Energy Limited, Petratlantic Energy Limited and Eyrie Energy Ltd, did not disclose their board of directors and management team on their websites.

“Under the DSDP arrangement, the 15 consortia/companies shall over the contract period off-take crude oil and in return, deliver corresponding petroleum products of equivalent value to the NNPC, subject to the terms of the agreement,” the NNPC said.

The corporation announced in May this year that 132 firms submitted bids for the 2019 DSDP scheme.
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