Entrepreneurng.com
Monday, July 7, 2025
  • Business News
  • Economic News
  • Editor’s Picks
  • Advertise With Us
No Result
View All Result
Entrepreneurng.com
No Result
View All Result
Home News

SME Operators Urge Tinubu to Address Multiple Taxation

by Harry Choms
March 16, 2024
in News
0
Bola Tinubu
492
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Small business owners have urged President Bola Ahmed Tinubu to tackle the issue of multiple taxation burdening Small and Medium Scale Enterprises (SMEs) in the country.

This appeal was made during the 11th edition of the Inspiring Change Conference 2024, themed ‘Enormous possibilities: Navigating uncertainty with confidence’, which recently occurred in Lagos.

Stakeholders at the conference expressed concern over the adverse effects of heavy taxation on SMEs, noting that it compounds the challenges posed by the current unfavorable economic conditions.

They also emphasized the urgent need for President Tinubu to address the longstanding issue of poor electricity supply, which has hindered economic growth and garnered criticism both locally and internationally.

Mrs Ayodeji Megbope, the Founder and CEO of No Left-Overs Nigeria Limited, highlighted the detrimental impact of multiple taxations on small businesses and stressed the need for an enabling environment that reduces the tax burden on SMEs.

She underscored the paradoxical situation in which growing businesses are targeted by tax agents instead of being supported, urging a reversal of this trend.

Megbope encouraged women entrepreneurs not to be deterred by the challenging economic climate but to persevere and continuously develop their skills to thrive in the competitive marketplace.

Adesunmbo Adeboye, the founder and convener of the Inspiring Change Conference, advised women to tap into their innate potential, trust in divine guidance, and remain resolute in pursuing their goals despite uncertainties.

The conference, known for its transformative impact on women’s lives, has received accolades for empowering participants with valuable insights and practical strategies for success.

Other speakers at the event included Mayokun Oreofe, a personal finance coach; Jennifer Awirigwe; and Morenike Molehin, who shared their expertise and experiences to inspire attendees to achieve greater goals.

EntrepreneurNG

Tags: Multiple TaxationSME Operators
Share197Tweet123
Harry Choms

Harry Choms

  • Trending
  • Comments
  • Latest
Prince Faisal bin Salman Al Saud

Saudi Arabia: Top 10 Richest Princes and Princesses of the Royal Family

January 4, 2025
Atlanta Jollof Festival: Nigerian Chef Wins at the West African rice dish

Atlanta Jollof Festival: Nigerian Chef Wins at the West African rice dish

July 22, 2024
Sam Bankman-Fried

FTX founder Sam Bankman-Fried has been arrested in the Bahamas

December 13, 2022
Sam Bankman-Fried

FTX founder Sam Bankman-Fried has been arrested in the Bahamas

19
THE CHANGING NATURE OF POWER IN THE KNOWLEDGE ECONOMY

THE CHANGING NATURE OF POWER IN THE KNOWLEDGE ECONOMY

3
RE-INVENTING MANAGEMENT IN THE KNOWLEDGE ECONOMY

RE-INVENTING MANAGEMENT IN THE KNOWLEDGE ECONOMY

2
Nigeria’s Debt Servicing Burden Reaches 4.1% of GDP

Nigeria’s Debt Servicing Burden Reaches 4.1% of GDP

July 6, 2025
MultiChoice Loses as Court Affirms Nigeria's Free Market Status

Nigeria Fines Multichoice ₦766 Million for Data Protection Violations

July 6, 2025
Meet Dr. Charles Drew: The Blood Bank Pioneer Who Changed the World

Meet Dr. Charles Drew: The Blood Bank Pioneer Who Changed the World

July 5, 2025

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Entrepreneurng.com

Copyright © 2025

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Business News
  • Economic News
  • Editor’s Picks
  • Advertise With Us

Copyright © 2025