Hotelier attributes decline in hospitality business to multiple taxes




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LAGOS – A Lagos based Hotelier, Mr Ayo Olowoporoku, on Friday identified multiple taxation as one of the banes of hospitality business in the country.

Olowoporoku, the Executive Director, Hotel Support and Management Services, made this known to the News Agency of Nigeria (NAN) in Lagos.

He explained that proceeds from the business were on the decline due to payment of multiple taxes.

According to him, in spite of paying the stipulated Federal Government taxes, the Lagos state government and the local governments were demanding for “all sorts of unnecessary taxes.”

“After paying the land use charge to the Lagos state government, they often demand for consumption taxes among others.

“If all types of taxes are being demanded, what will be left for managing the business,” Olowoporoku said.

On infrastructure, the hotelier the state government to compel council chairmen to repair bad roads in their domains.

“The state authority to check the chairmen in ensuring that the inner roads are fixed as they often link the hotels to the major roads.

“Patronage is based on how durable most of the roads are before the client chooses to patronise hotel,” he said. (NAN)