Vice President Yemi Osinbajo has disclosed that the payment of taxes is a matter of self-interest not just civic duty, stressing that one cannot be a successful entrepreneur by cutting corners. He disclosed this on Saturday, July 11 at the Tony Elumelu Entrepreneurship Programme, TEEP Boot Camp 2015, held at the Covenant University, Ota, Ogun State.



“The payment of taxes and other obligations; be it moral or civic, for the purpose of development of the economy, for building infrastructure and other services are all important in business,” he stated.

Osinbajo, who represented President Muhammadu Buhari at the event, explained that the ground for entrepreneurial success is character, adding that the pivotal role of exemplary character in entrepreneurship, which in turn could become the platform for the growth of business and development of a nation’s economy.



The Vice President asserted that the core of success in business is integrity, honesty and trust in the conduct of business, adding that credit worthiness is important in business, because when trust fails every other thing fails.



He expressed optimism that Africa now stands at the phase of greatness after many years of being regarded as ‘the dark continent’, recording highest figures in poverty poor health-care, illiteracy, and poor human development.



Osinbajo commended Tony Elumelu, the founder of the programme, for “investing substantially in the ideas and vision of many young Nigerians and Africans, and helping to shape the future of the continent by building confidence in the young men and women to direct the success in the coming years.”

http://www.metronaija.com/2015/07/payment-of-taxes-goes-beyond-civic-duty.html

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