Ogun state government has asked local governments to stop collecting revenue from investors in their jurisdictions.
According to the government, collecting revenue from such investors amounts to double taxation of investors which may impact negatively on the ranking of Ogun state’s ease of doing business.
Finance commissioner, Dapo Okubadejo, issued the caution while addressing chairmen of the state’s local governments in his office in Abeokuta.
According to him, revenue items, such as tenement rate and other taxes, have been harmonized into the land use and amenities charges.
He warned the council chairmen that the Abiodun administration is doing all it can to improve the state’s Internally Generated Revenue (IGR) and will not allow any action that will affect its revenue projection.