Lekki Looting: Sanwo-Olu Promises Owners Tax Relief, Support
The Lagos State Governor, Mr Babajide Sanwo-Olu, has promised to assist the tenants and shop owners at the Circle Mall in Lekki to bounce back to business following the recent looting and burning of several shops and stores at the mall by hoodlums during the #EndSARS protests. The governor said the state government would give tax break and some financial assistance to all the business owners affected by the ugly incident. “The Lagos State Government will not leave the people to bear the pains alone, the government will assist them to return to their respective businesses. The government will give all business owners in the burnt Circle Mall a tax break of PAYE, we will also appeal to the Federal Government to ensure that they get tax relief from the Federal Inland Revenue Service.” The governor noted that the grant support was a non refundable financial support to the victims, adding that the affected businesses were not expected to pay back while the lending support would be in the form of loan. Sanwo-Olu also asked the shop owners to reach out to the Lagos State Employment Trust Fund, urging them to make use of the opportunities being provided by the agency in assisting people who are in business, especially small scale businesses.