Tax incentives will encourage growth of SMEs – broker

Chief Angus Uzoamaka, an Abuja based insurance broker, says tax incentives will encourage the growth of small and medium-scale enterprises in the country.

Uzoamaka made the observation in an interview with our reporter in Abuja on Friday while speaking on job creation in Nigeria.

He said that only a viable private sector could permanently end recession by creating jobs and wealth.

“As soon as we begin to have new industries, no matter how micro they are, certainly jobs and wealth will be available.

“This is the time for our government to give tax relief to existing industries to encourage the emerging ones,” the broker said.

Uzomaka commended the Federal Government for particularly encouraging the emerging Nigerian cable television called TSTV.

The broker called on Nigerian entrepreneurs to partner with government to build a prosperous nation.

According to him, there is the need for our factory owners and other entrepreneurs to put heads together with government to create jobs and wealth opportunities.