Lagos State Deputy Governor and APC governorship candidate, Obafemi Hamzat, has pledged to harmonise 63 identified taxes into nine and expand support for small businesses as part of his development agenda for the state….
Lagos State Deputy Governor and APC governorship candidate, Obafemi Hamzat, has pledged to harmonise 63 identified taxes into nine and expand support for small businesses as part of his development agenda for the state.
Hamzat made the pledge during a BusinessDay Town Hall meeting with the Organised Private Sector, where he discussed economic growth, taxation, access to finance, job creation, affordable housing, healthcare and infrastructure.
He said Lagos must be managed as an interconnected system, stressing that improvements in transportation would reduce the cost of moving goods, support business operations and ultimately ease the cost of living.
Under his proposed Lagos PROMISE agenda, Hamzat said his administration would seek to increase the number of small businesses in the state from 120,000 to one million through improved access to capital and business support.
He also promised to expand healthcare capacity by 50 per cent, improve access to affordable housing and create more economic opportunities for artisans and informal sector workers.
The APC candidate said the next phase of Lagos’ development should focus on improving existing systems and ensuring that economic growth translates into better living conditions for residents.
He stressed that government commitments must be practical, measurable and supported by clear implementation plans.
Hamzat, who has been part of the state’s administration, said his experience in building Lagos’ existing infrastructure and institutions had given him an understanding of the challenges ahead.
He pledged to strengthen partnerships with the private sector and build on the state’s development foundation to create more opportunities for residents.
The proposed tax harmonisation and expansion of small businesses are among the major economic targets outlined in his Lagos PROMISE agenda.
