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Borno State Governor, Babagana Umara Zulum, has approved a two-year tax waiver for traders affected by the September 2024 flood disaster, as well as those in Maiduguri Monday Market.
Zulum granted the waiver to ease the financial burden on traders and encourage business growth.
The Chairman of the Borno State Internal Revenue Service, BO-IRS, Professor Ibrahim Bello Alhaji, who recently announced the decision, stated that the waiver is part of Zulum’s tax administration reforms, which prioritise ease of doing business in the state.
He also noted that Borno State now ranks 12th nationally in terms of improved and digitised tax programmes.
The BO-IRS chairman highlighted ongoing projects in Jiddari, Umarari, GRA, Bulumkutu, Custom, Chad Basin, and several other locations, emphasising that all parts of the state benefit from tax-generated funds.
Last year’s devastating flood caused widespread economic hardship, leaving many residents without livelihoods.
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