Gov. Lalong Gives Assent to Consolidated Revenue and Debt Mgt Dept Laws

PRESS STATEMENT

PLATEAU GOVERNOR SIGNS CONSOLIDATED REVENUE LAW

Plateau State Governor Simon Bako Lalong has signed into law 2 bills passed by the Plateau State House of Assembly aimed at strengthening the economy of the State. The laws are:

  1. Plateau State Revenue(Consolidated) Law 2020
  2. Plateau State Debt Management Department (Amendment) law 2020

While signing the bills into law, the Governor explained that With the Consolidated Revenue Law in place Plateau State is set to ensure uniformity, certainty and concord in revenue collection through a single machinery coordinated by the Plateau State Internal Revenue Service.

He said with this development, the Government expects its revenue to grow as it blocks leakages and also ensures that all revenue collection is automated.

He said already, the State has engaged a reputable revenue firm to facilitate the harvesting of revenues from sources that have been neglected over the years. Another issue that the new law addresses is multiple taxation which has been a major concern for businesses and other tax payers.

The Governor appealed to the citizens of the State to cooperate with the relevant agencies in the implementation of the law because the revenue generated will be used to implement the projects and programs that are ongoing and those that will be initiated.

The Governor also explained that the amendment of the Debt Management Law was to make it function as a department in line with the Federal law while the tenure and functions of the DG have also been adjusted accordingly.

Dr. Makut Simon Macham
Director of Press & Public Affairs to the Governor of Plateau State
20th November 2020.

count | 5

Gov. Lalong Gives Assent to Consolidated Revenue and Debt Mgt Dept Laws

| Press Release | 0 Comments
About The Author
- Cmr. Friday Bako is an Accounting Graduate, Blogger, Social Media Influencer, Youth Activist and Advocate for good governance.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.