" ITREALMS: Folayan, Onuegbu canvass new options, describe CommTax as industry-killer scheme


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Monday, December 19, 2016

Folayan, Onuegbu canvass new options, describe CommTax as industry-killer scheme

The president of the Nigeria Internet Registration Association (NIRA), Rev. Sunday Folayan has described the proposed Communication Service Tax (CST) by the Federal Government (FG) as an industry-killer scheme, reports ITRealms.

Folayan made this known in his Facebook wall post on Monday, saying there are several options the Federal Government can alleviate the suffering of Nigeria as the recession heightens.

According to him, the advanced plans by the Federal Government to introduce the Communication Service Tax (CST) among other current policies of this administration are industry-killing schemes.

A position corroborated by the chairman of Signal Alliance, Mr. Collins Onuegbu as both agreed that with the cost of living so high and foreign exchange so scarce, the government could demonstrate immediate faith in fixing the economy starting with scrapping of visa fees for visitors.

They also canvassed that FG should ensure that businesses could be registered in one working day, just as goods could be cleared at the nation’s ports in three working days.
In addition, they said that export permits should be issued within 12 hours if indeed the government is serious in changing the conditions of the people.

For Mr. Folayan, these ideas are low-hanging fruits instead of the Communications Services Tax and other nation and industry-killing schemes.

Chuks Egbune/GEE
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Pix: Folayan and Onuegbu

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