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Nairaland Forum / Nairaland / General / Business / Igbo Traders Contributes 80% Of The 36 States IGR Mr. Bode Abodunrin (562 Views)
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Igbo Traders Contributes 80% Of The 36 States IGR Mr. Bode Abodunrin by ReskpetNobleman(m): 1:08pm On Oct 23, 2015 |
TRADERS CONTRIBUTE 80% OF THE 36 STATES IGR (International Generated Revenue) – MR. BODE ABODUNRIN. Paffcomm Trade and Commerce Analyst Mr, Bode Abodunrin said yesterday that the Nigeria State govt have two main sources of income. He said, the federal govt budget allocation and Igbo traders are the main source of income sustaining all states of the federation. The Analyst said that apart from the federal allocation the Igbo traders contribute about 80 percent of all states of the federation IGR.He said that with the fall in oil price that states governors have created more taxes to increase their revenue to sustain the state expenditures. Mr. Bode warned that that the increment on taxes by states on the Igbo traders is destroying and killing their businesses. He said that states are creating a lot of burden to the Igbo traders instead of encouraging them. Mr, Bode Abodunrin also warned that over taxing the Igbo traders may result to their relocation to other places which will bring untold hardship to the state they left. According to him, he said no state can replace Igbo traders if they leave the state. He said trading is not what you just wake up in the morning and join. He said the Igbo traders are very skilled in the art of doing business because they undergo business training in a particular area of business which takes them many years to build the skill, structure, Finance, etc. before opening their own business. Therefore, it is not a thing a state govt can replace over night. Mr, Bode Abodunrin also said that Igbo traders has not only sustained the state’s economy, but they are also number one in Nigeria for infrastructural development of the 36 states of the federation in terms of private development, e.g. building of private and commercial houses, circulation of money in the state, employment, construction of markets, etc. Mr, Bode Abodunrin said that it is encouraging that northern states are inviting the Igbo traders to come to their state and open up businesses. Some of them are even promising adequate security for the Igbo traders. Mr, Bode Abodunrin particularly warned Lagos state govt to reduce their incessant taxation of the Igbo traders and remove the area boys that go to the Igbo traders to extort money from them in the name taxes and royalty on behalf of the state and local govt. Mr, Bode Abodunrin said no state in Nigeria can sustain their expenditure without Igbo traders IGR impute and advised the states to encourage the traders instead of fighting them. He also cautioned the states indigene to stop antagonizing the Igbo traders and trying to pick a fight with them to loot and destroy their wares because if they go definitely, their business will suffer, but a little. However, the state will suffer, the more because IGR that helps to sustain the economy will reduce while the infrastructural development will also be affected. He also advised the Igbo traders to be law-abiding. |
Re: Igbo Traders Contributes 80% Of The 36 States IGR Mr. Bode Abodunrin by ReskpetNobleman(m): 1:09pm On Oct 23, 2015 |
igbo kwenu 1 Like |
Re: Igbo Traders Contributes 80% Of The 36 States IGR Mr. Bode Abodunrin by Unsad(m): 1:10pm On Oct 23, 2015 |
Look 1 Like |
Re: Igbo Traders Contributes 80% Of The 36 States IGR Mr. Bode Abodunrin by eleko1: 1:12pm On Oct 23, 2015 |
1 Like |
Re: Igbo Traders Contributes 80% Of The 36 States IGR Mr. Bode Abodunrin by Nobody: 1:14pm On Oct 23, 2015 |
ReskpetNobleman: Igborilla flat--headed Lagooner bastards must boost their Ego to overcome d inferiority complex/discriminations they r surfering in Nigeria. 1 Like |
Re: Igbo Traders Contributes 80% Of The 36 States IGR Mr. Bode Abodunrin by Koleman(m): 1:18pm On Oct 23, 2015 |
Has anyone ever argued dat fact? 1 Like |
Re: Igbo Traders Contributes 80% Of The 36 States IGR Mr. Bode Abodunrin by abduljabbar4(m): 2:52pm On Oct 23, 2015 |
Do you guys think we are fools or what? 1 Like |
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