The Bayelsa State Government has been urged to give tax relief to youths in the state who own small businesses or are willing to start their own business.
National President Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Dr. Billy Gillis-Harry made the plea during an interview with journalists in Yenagoa.
He said the burden of taxation is heavy on small businesses in the state which is telling on their revenues and by extension the economy of the state.
Gillis-Harry also urged the government to put an end to multiple taxation which will encourage youths to set up small and medium scale enterprises across the state.
He said: “The government should give tax relief to these people so their businesses are not unnecessarily taxed. Multiple taxation should be completely discouraged.
“We need a centralized tax system to be able to give these young people a sense of direction so they know that they are not going to jump out with a budget of ten thousand naira and suddenly have bills to pay that has already swallowed the money”.
He also advised youths in the state not to depend wholly on government but delve into areas in which they will have a comparative advantage and make good profits.
According to him: “The first thing to do is to stop depending on government for everything. The second thing to do is to be creative and seek for diverse business opportunities that are peculiar to your environment.
“You can start small so you’ll be able to measure your progress. Bayelsa has need for transportation, fashion, good entertainment, ICT businesses and even travel agents,” he added.