Association lauds 50 per cent rebate to investors seeking C of O in Plateau

Association lauds 50 per cent rebate to investors seeking C of O in Plateau

A group, Plateau Coalition of Business and Professional Associations (PLACOBPA), has lauded the state government’s initiative to give 50 per cent rebate to investors seeking to obtain Certificate of Occupancy for land.

The group’s Chairman, Mr Simon Tangni, told the News Agency of Nigeria (NAN) on Friday in Jos that the gesture would attract investment to the Plateau and also enhance infrastructural development.

“ PLACOBPA is pleased with the Plateau govt. for granting 50 per cent rebate on land acquisition titles and documents,’’ he said

Tangni said that the association had identified some challenges to business development in the state, including multiple taxation, land acquisition, security and access to market.

“There has been tremendous improvement since we had our meeting in 2016. Plateau government has streamlined its land system through the commissioning of Plateau Geographic Information System.

“ It is like a `one stop shop’ where application for land does not have to go through many processes; the computer generates the transaction and you can get your land documents within 21 days,’’ he said.

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The PLACOBPA chairman also acknowledged the government’s efforts toward partnering with both local and international investors to renovate and construct more central markets in the state.

“We commend the state government on its efforts to partner with both local and foreign investors to renovate and construct more markets.

“We advised them to introduce markets in all the 17 LG areas and more in the metropolis to prevent putting `all eggs in one basket’ especially in terms of disaster or instability,“ he said

Tangni said that the tax system in the state had also been made more business friendly because it spelt out clearly where you pay tax and at what period.

According to him, this has reduced the cumbersomeness of the process, but could still be improved upon.

“The tax system is like e-banking; it is streamlined taxation now, but our fear is the epileptic power supply in some parts of the urban and the rural areas.

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“When such happens, the computerised method becomes very challenging.

“We commend the Plateau House of Assembly for instituting the Tax Reform Bill, in line with our business agenda document,’’ Tangni said.

The chairman said that the creation of enabling environment for investment would restore total peace and security through the engagement of the teeming unemployed youths.(NAN)

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