20 November 2020 By Josiah Buzun
Governor Simon Lalong of Plateau State has signed into law 2 bills passed by the Plateau State House of Assembly aimed at strengthening the economy of the State.
They are the Revenue Consolidated Law 2020 and the Plateau State Debt Management Department law 2020 as amended.
Signing the bills into law, the Governor explained that With the Revenue Consolidated 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 blocked leakages and ensured 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 had been neglected over the years. Another issue that the new law addresses is multiple taxation which has been a major concern for businesses and 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 would be used to implement the projects and programs that are ongoing and those that would 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.