News

Shrinking revenues: Delta begs runaway investors to return

By Festus Ahon & Egufe Yafugborhi

WARRI – The Delta State Government has implored investors who pulled out of the state in the past over harsh investment climate to return back with assurance of the current administration’s commitment to provide enabling environment for safe business.

Chairman, Delta State Board of Internal Revenue, Sir Monday Onyema, made the appeal on Friday as he led the board on a “know your taxpayers” tour of coprorate bodies and business outfits across Warri and environs.

The DBIR boss was reacting to a complaint by Godwin Ugbon, General Manager at Niger Benue Transport Company, Warri, who said, “Shell shouldn’t have been allowed to pull out of the state, forcing closure of several other businesses and aggravating economic hardship in the state.”

Onyema said, “Even before he heard the recurring complaint from the NBTC manager, the state government under Sen. Ifeanyi Okowa already appreciates the said costly error and the consequences for the economy.