Nigeria

COVID-19: KDHA Approves N3.6bn World Bank Grant For Tax Relief

The Kaduna State House of Assembly has approved N3.6billion World Bank grant for the state government for the purpose of providing tax relief as a result of the COVID-19  pandemic which has affected lives, property and businesses.

This followed a message received from the governor, Malam Nasir El-Rufai requesting the House to approve the grant to be spent as tax palliative so as to cushion the negative impact of tax paying caused by the outbreak of the COVID-19 pandemic.

The clerk of the House, Barr. Bello Zubair while reading the message from the governor said that the World Bank has assessed Kaduna State  to be the best among the 36 states of  Nigeria in the SFTS project in 2019 and was rewarded with the sum of N3.6 billion.

Barrister Zubair further stated that the total disposable fund  available for meeting the new DLI in the World Bank project is 2.5 million dollars against the proposed total waiver of N229, 702, 392  for the additional tax amnesty/palliatives from the hospitality industry, private schools and a section of the informal sector.

Contributing at the floor of the House, member representing Sanga Constituency, Hon. Comfort Amwe said the message was timely as people have suffered as a result of the COVID-19 which has drastically affected lives negatively especially businesses which have crumbled, saying, if the tax is being lifted off their heads, it will help them to bounce back.

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