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Sanwo-Olu Promises Tax Break And Financial Support For Business Owners Affected By #EndSARS Hoodlums

Tgmedia by Tgmedia
November 3, 2020
in News
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Sanwo-Olu Promises Tax Break And Financial Support For Business Owners Affected By #EndSARS Hoodlums—-The Governor of Laood state, has promised to give tax breaks and some financial assistance to all the business owners affected by the ugly actions of hoodlums and arsonists that hijacked the #EndSARS protests.

The Governor who met with tenants and shop owners at Circle Mall in Lekki said his administration is ready to assist those affected by destruction in Circle Mall, Lekki.

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He enjoined them to reach out to the Lagos State Employment Trust Fund (LSETF) and urged them to make use of the opportunities being provided by the agency in assisting business people, especially small-scale business owners.

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The Lagos State Government will give all business owners in the burnt Circle Mall tax breaks of PAYE and they will probably get tax relief from the Federal Internal Revenue Services (FIRS).

Victims of the Circle Mall will also be getting financial support, which will be in form of grants and zero interest loans to cushion the effect of the looting and destruction of their respective shops and stores.

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