Makinde Promises To Introduce Tax Break for Entrepreneurs

By Oyewale Oyelola

Oyo State Governor and Allied Peoples’ Movement (APM) presidential candidate, Seyi Makinde has promised to introduce tax breaks for entrepreneurs, if elected President during the 2027 general elections.

Makinde gave this commitment on Tuesday while speaking during the APM South-South Town Hall meeting held at the Ibom Hall, Uyo, Akwa Ibom State.

He criticised the Tinubu’s led administration tax approach, stating that Nigeria should not place additional burdens on struggling citizens.

However, APM Presidential Candidate promised to create a more business-friendly environment to encourage investment, job creation and economic expansion.

He revealed that his administration increased Oyo State’s internally generated revenue (IGR) without raising taxes.

Makinde said the state’s experience demonstrated that economic growth could be achieved without placing additional tax burdens on citizens.

NLNG Dividends Allegations

On NLNG Dividends, he maintained also that about₦250 billion due to each state from Nigeria LNG dividend payments had been withheld by the Federal Government over the years.

He called for transparency and the proper distribution of funds paid into the Federation Account among the federal, state and local governments. The claim remains Makinde’s position and would require independent verification.

Makinde accompanied by his running mate, Lawal Daura and Bauchi State Governor, Bala Mohammed presented his RESET agenda as a plan to reform Nigeria’s economy and political system, promote federalism, improve security and education, and enhance citizens’ welfare.

The student representative, Comrade Ini-Obong Uko, declared the student community’s unflinching support for  Makinde.

FactualTimes reports that delegates and stakeholders from the six south-south states attended the town hall meeting.