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Oyo Assembly Seeks Support Of Private Sector To Boost IGR, visits Nigerian Breweries

by IbcityAnnouncer
7 years ago
in Business, News
Oyo Assembly Seeks Support Of Private Sector To Boost IGR, visits Nigerian Breweries

The Oyo State House of Assembly has appealed for the support of all private companies in the state to work together with state government and agencies to boost the Internally Generated Revenue (IGR).

 Speaking during a courtesy visit to the head office Nigerian Breweries in Ibadan, the Speaker of the Oyo State House of Assembly, Rt. Hon. Adebo Ogundoyin stated that the visit part of an ongoing tour by the Assembly facilitate mutually beneficial relationship between the state legislative arm and the private companies operating in Oyo State.


 According to Ogundoyin, the present Oyo State government is focus on making the state more economically viable, and all the stakeholders the economy wellbeing of the state must be carried along to achieve a resounding success.

 “We the Oyo State lawmakers appreciate the contribution of the Nigerian Breweries to the State economy in terms of employment for our people both direct and indirect opportunities, and also in terms of taxes paid to the government and other corporate social responsibilities our people ae enjoying.

 “we want to build an economically viable state, bringing in more private investors, but we cannot do all these things without creating a good relationship with the existing national and multinationals in the State.

 “As lawmakers, we need to know what are the challenges they are facing, how can will help in forming policies that will make businesses thrive in the state without compromising the wellbeing of our people.

 “We have toured security agencies and we are working on the reports from security stakeholders, it is time to look into the economy, we have started with Nigerian Breweries and definitely we will visit other big players in our economy as a state,” he added.


 Hon. Ogundoyin, therefore, charged the management Nigerian Breweries to be conscious of their environment, particularly as it is concerned waste disposal management to ensure a continually safe and healthy environment for their host communities.

 In his remarks, the Brewery Manager, Ibadan/Ijebu Plant, Mr. Tayo Ogundana commended the Oyo State House of Assembly for maintaining cordial relationship with the state private sector.

 While analyzing the downward flow of the Nigerian Breweries’ income from 2016, he attributed the effect to the dwindling economy of the country.

 He said, “I appeal to the 9th Assembly to make policies and laws that will attract more investors into the state. He added that they should also be giving necessary support to address various challenges facing them.

 Ogundana revealed that whenever a company like this faces challenges, it affects income and subsequently the taxes pay to the government too.

 Report by Adekunle Adegboyega

 

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