Enugu: Mbah’s tax reform will attract investment – Powell Homes boss

From Jude Chinedu, Enugu

The Managing Director of Powell Homes and Shelters Ltd, Chibuikem Onyekachi, has commended Governor Peter Mbah of Enugu State for signing into law a bill that establishes a one-stop shop for tax collection and administration in the state.

Onyekachi who made this known on Saturday during a media chat, described the new legislation as a transformative step towards improving the business climate and driving economic growth in Enugu.

“This is a commendable initiative by Governor Mbah. With the consolidation of our state’s revenue collection process into one autonomous body, the Enugu State Inland Revenue Service, Enugu State will not only have eliminated the burden of multiple taxation but will also foster a more conducive atmosphere for businesses to thrive,” he stated.

He added that the law would significantly enhance the Ease of Doing Business in the state. “For years, business owners, market women, and investors have struggled with the complexities and frustrations of dealing with numerous tax collectors. With this new law, all of that confusion ends. It brings transparency and simplicity, which are critical for attracting new investments,” he explained.

Onyekachi also noted that granting the revenue service autonomy would improve efficiency and accountability. “Having the Enugu State Inland Revenue Service operate independently means they can set realistic targets and operate with the professionalism of a private enterprise. This autonomy is key to maximizing our internal revenue generation without imposing additional tax burdens on the citizens.”

He urged residents to support the initiative, emphasizing its long-term benefits. “We should all be proud of this achievement. It’s a bold step that reflects the administration’s commitment to creating a business-friendly environment. With streamlined tax collection, we can expect to see an increase in the state’s internally generated revenue, which translates to more funds for development projects that benefit everyone.”

Expressing optimism that the reform could serve as a model for other states, Onyekachi remarked, “Governor Mbah’s leadership in this area sets a precedent. It’s a model that other states can look to, as it balances government revenue needs with the realities of business operations. Enugu is truly setting the pace.”

The Enugu State Internal Revenue Service (Establishment and Consolidation of Revenue Administration) Law, 2025, has been widely acknowledged as a milestone in the state.