The Delta State House of Assembly today received a bill for a law to impose tax on consumer goods and services consumed within the territory of the State.
The Bill which was sent to the House by the State Governor, Dr. Ifeanyi Okowa, harped on the slogan of ‘Delta Beyond Oil’ in its drive to explore internal means of revenue generation.
Speaker of the House, Rt. Hon. Sheriff Oborevwori, read the Governor’s message to members on the floor of the House at Wednesday’s plenary.
It read thus;
“A bill to provide for a law to impose and collect through electronic fiscal device or electronic cash register, consumption tax on goods and services bought and consumed in hotels, restaurants, departmental stores and entertainment centers within the Territory of Delta State.
The honourable speaker and members are well aware of the various effort of the State to widen and surge up its revenue base in the face of dwindling revenue from oil resources, …it has therefore become imperative that the state continues to look inward and take advantage of available internal potential to generate revenue.
Consequently, I forward here with for the consideration and passing into law that the house a draft bill to provide a law to impose and collect through electronic fiscal device and electronic cash register, consumption tax on goods and services bought and consumed in hotels, restaurants, departmental stores and entertainment centres within the territory of Delta State.”
The majority Leader, Hon. Tim Owhefere who today resumed legislative duties after two weeks suspension, received the Bill and took it pass its first reading stage.
Speaker Oborevwori slated May 30, 2017 for the second reading of the Bill after it scaled through first reading which got a unanimous support from the House members.