Tax Reforms: Enugu Moves Against Evasion, Woos Investors with Business-Friendly Policies
The Enugu State Internal Revenue Service, in collaboration with the Nigeria Employers’ Consultative Association and other organised private sector stakeholders, on Thursday convened a high-level engagement session aimed at deepening awareness and harnessing opportunities within Nigeria’s evolving tax landscape.
The event, themed “Understanding and Leveraging the Opportunities in Nigeria’s New Tax Reforms,” brought together policymakers, business leaders and tax administrators to deliberate on strategies for strengthening compliance, enhancing transparency and fostering economic growth.
Representing Governor Peter Mbah, the Secretary to the State Government, Chidiebere Onyia, issued a stern warning against tax evasion and manipulative practices, stressing that the state government would not hesitate to enforce the law against offenders.
“Let me state unequivocally that this administration has zero tolerance for tax manipulation and sharp practices,” Onyia declared. “Anyone found culpable will be prosecuted to the fullest extent of the law. This is necessary to protect genuine investors and sustain a fair business environment.”
He emphasised that tax compliance remains the backbone of governance and sustainable development, urging businesses to fulfill their obligations to enable government deliver on its promises.
“Our capacity to provide infrastructure, security and social services depends largely on the willingness of citizens and corporate entities to comply with tax regulations,” he added. “We are committed to ensuring that those who play by the rules enjoy a conducive environment to thrive.”
Also speaking, the Commissioner for Finance and Economic Development, Nathaniel Uramah, highlighted the strategic importance of collaboration between the government and the private sector in driving economic expansion.
“This forum is not just a conversation; it is a partnership platform,” Uramah said. “We are deliberately aligning policies to support businesses, particularly SMEs, which are the engine of our local economy.”
He disclosed that the state government has committed nearly 80 percent of its annual budget to capital expenditure, a move he said underscores its focus on infrastructure and economic development.
“Our investments in roads, technology and public utilities are designed to reduce the cost of doing business and attract both local and foreign investors,” he noted.
In his technical presentation, the Executive Chairman of ENSIRS, Emmanuel Ekene Nnamani, advised investors to adopt proper corporate structures and maintain transparent operational systems to avoid tax-related pitfalls.
“A well-structured business is a sustainable business,” Nnamani stated. “Engaging professionals, keeping accurate records and complying with statutory requirements are critical to long-term success.”
He cautioned against the use of unqualified personnel in managing business finances, describing it as a major cause of enterprise failure.
“When businesses cut corners, especially in financial management, they expose themselves to losses, penalties and eventual collapse,” he warned.
Stakeholders at the forum commended the state government for its progressive tax administration and investor-friendly posture.
Speaking on behalf of NECA President, Ugochukwu Chime reaffirmed the organised private sector’s commitment to compliance and ethical business conduct.
“We acknowledge the improvements in Enugu’s tax system and the openness of government to dialogue,” Chime said. “Our members are ready to key into these reforms and contribute meaningfully to the state’s economic growth.”
Similarly, the President of the Enugu Chamber of Commerce, Industry, Mines and Agriculture, Nnanyelugo Onyemelukwe, described the engagement as timely, noting that clarity in tax policies would boost investor confidence.
“Predictability and transparency in taxation are essential for business planning,” Onyemelukwe remarked. “This initiative will go a long way in strengthening trust between government and the private sector.”
On her part, the Chairman of the Manufacturers Association of Nigeria for Anambra, Enugu and Ebonyi states, Ada Chukwudozie, called for continuous monitoring to prevent abuse by both officials and non-state actors.
“While we commend the reforms, enforcement must be consistent and fair,” she said. “We must eliminate all forms of leakages and ensure that the system is not compromised.”
Participants also used the interactive session to raise concerns and propose solutions on issues ranging from multiple taxation to regulatory bottlenecks.
The engagement, stakeholders agreed, marks another step in Enugu State’s drive to position itself as a preferred investment destination, anchored on transparency, accountability and inclusive economic policies.
EDITOR
Sam Udekwe is a journalist working in the News and Current Affairs department, Enugu State Broadcasting Service (ESBS) Enugu. He is well trained in all genres of journalistic venture.
Mr Sam read Mass Communication, graduating all with Distinction in National Diploma, Higher National Diploma and Postgraduate Diploma at IMT, Enugu and Madonna University, Okija, Anambra state, as well as M.Sc Mass Communication with Second Class(Upper Division) at National Open University of Nigeria.
He is the immediate past NUJ Chairman, Enugu state.
samowailo@gmail.com
