By Daniel Ayantoye
The Kwara State Government has called on all business owners to take advantage of its various initiatives put in place to develop and expand their businesses in the state.
Speaking at Kwara Live international business summit organised by the Virtual Global Impression Ltd (VGI) in Ilorin, yesterday, Kwara State Governor Alhaji Abdulfatah Ahmed who said his administration has put in place strategies to ensure businesses in the state thrive, stated that while Micro Small scale enterprise account for about two-thirds of total employment in developing countries, it also contributes about 50 per cent to the GDP.
Represented by the Commissioner for Commerce and Cooperatives, Alh. Ahmed Mohammed Rifun, the governor disclosed that the plans are in place to commence a five-year tax relief regim for business owners in other to promote economic growth and ensure development in the state.
“I assure you all that the Kwara State Government has not introduced new taxes in the state. Rather we have succeeded in blocking leakages in the revenue collection system through the Kwara State Internal Revenue Service (KWIRS) thereby increasing the internally generated revenue (IGR).”
Earlier in his address, the Managing Director of VGI, Job Moses who disclosed that the launching of the Business directory is interned with the commemoration of Kwara at 50, emphasized that it is hardcopy version which avail prospective customers the opportunity to locate business in the state with convenience.
According to him over 27,000 businesses in the state are already available online in the directory adding that the initiative is determined to project businesses.
The event featured presentation of certificates to students who had earlier written scholarship examination, a raffle draw, trade fair and presentation from various organisation such as Google representative, Standard Organisation of Nigeria (SON), Small and Medium Scale Enterprise Agency of Nigeria (SMEDAN) and host of others.