Nigerian state plans tax exemption for low income earners

Nigerian state plans tax exemption for low income earners

Wednesday, August 19, 2015 8:18 pm

Governor Ayade

Governor Ayade

Gov. Ben Ayade of Cross River state says he will sponsor an executive bill at the state House of Assembly to exempt low income earners and those at the minimum wage range from paying taxes.

Ayade announced this on Wednesday in Calabar during an interactive forum with newsmen.

He said that the bill was necessitated by the desire to address the plight of low income earners.

“A bill to exempt low income earners and those in the minimum wage level from paying tax will be sent to the state assembly today (Wednesday).

“We are doing this to ameliorate their plight because they have other financial obligations to attend to, and their income is very meagre.

“When you task a market woman who sells onions and tomatoes to pay tax, you are definitely taking away her profit and reducing the standard of her meagre business,’’ he said.

According to him, the bill will provide a social safety net to low income earners and raise their living standard.

He said that he would continue to fashion out ways of giving the core poor a sense of belonging.

“The tax exemption bill is meant to exempt the low income earners like `Okada’ riders, traders, barbers and other petty traders,” he explained.

The governor assured civil servants in the state of their welfare and prompt payment of salaries.

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