Plateau State Governor ,Simon Lalong has signed two bills into law ,the State Revenue(Consolidated)law 2020 and the Debt Management Department (Ammendment) law.
The two bills have earlier been passed by the State house of Assembly to strengthening the economy of the state.
While signing the bills on friday, 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.
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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.
