ANAMBRA INTRODUCES POS TO BLOCK REVENUE LEAKAGES

The Anambra State Government has stopped the use of revenue agents to collect levies, taxes and fees in the state to avoid a situation where unsuspecting citizens are defrauded by the agents who also defraud the state by short-paying the state after collecting the revenues. The state is now using Point of Sales, POS, located in different locations in the Local Government Areas and towns in the state, by the banks that won the contracts of collecting revenues after a ballot conducted for banks operating in the state for revenue collection. Consultant to the Government and Stanbic IBTC bank Plc, Chief Raphael Nnabuife disclosed this while briefing newsmen in Onitsha. He said that following the dwindling oil price and the short falls on revenue accrued to the state from the Federal Government, many states decided to enhance their Internally Generated Revenue, IGR, and the Government of Anambra State decided to enhance its own through direct payment by individual companies of their taxes, levies and fees into the bank’s POS. He said: “No levy, tax or fee paid in the state has been increased since over five years now. The change people are seeing is that the government decided to drop the agents, intermediaries, and middle men.”