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THE FEDERAL CAPITAL TERRITORY

FCT ADMINISTRATION TO INTRODUCE ENTERTAINMENT LEVY IN THE CAPITAL TERRITORY
 
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Mon, 2 Sep 2013   ||   Nigeria,
 

The Federal Capital Territory Administration wishes to introduce entertainment levy to cater for the upgrading and maintenance of the infrastructure in FCT.

The Director of Economic planning and Statistics Mohammed Isah Areh in Federal Capital Territory said the idea of having entertainment levy is a strategy that has been subsisting in most of the developed countries of the world such as the United Arab Emirates, the United Kingdom and most parts of Europe.

He maintained that the territory losses about 50 million naira monthly that ought to come to it through the levy, stressing that POS terminals which is mostly used by hospitality industries like Nanet Suites, the Nicon Luxury and the Sheraton, can be used in achieving this new strategy.

He informed that the entertainment levies would be collected in Hotels, bars among others, adding that the FCT would not have any friction with the Nigeria Tourism Development Corporation, NTDC since the FCT shares the status of a state as a Federal Capital Territory and should generate its internal revenue.

He however purported that the section 299 of the Act establishing the Federal Capital Territory empowered it in this regard.

 

 

 

 

 

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