2027: Adeola vows to capture Ogun share of corporate taxes lost to Lagos
The All Progressives Congress (APC) governorship candidate in Ogun State, Senator Olamilekan Adeola, popularly known as Yayi, has vowed to aggressively pursue and recover corporate taxes and revenue generated by industrial entities operating within the state but remitting their top-level executives’ taxes to Lagos State. Adeola, who currently represents Ogun West Senatorial District, made the […]…
Ogun State's APC gubernatorial candidate, Senator Olamilekan Adeola, pledges to recover corporate taxes earned within his state but paid to Lagos. Speaking to journalists, Adeola cited tax leakages as the reason for Ogun's failing internally generated revenue (IGR) despite being Nigeria's main industrial zone. He attributed this to corporate headquarters being based in Lagos while managerial and directorial roles remain in Lagos, resulting in tax payments to Lagos instead of Ogun.
Adeola aims to change this by urging companies to establish regional executive offices in a new Central Business District in Abeokuta. He also promised to address uncoordinated federal mining operations and push for a local content policy benefiting local workers in industrial complexes.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
