By Ibrahim Muhammad
The Kebbi State Coordinating Office of the Raw Materials Research and Development Council (RMRDC) has participated in the 5th Annual Retreat of Savannah Law LP, joining stakeholders from the legal, taxation, academia, and commercial sectors to examine the implications of Nigeria’s evolving tax regime.
The retreat, themed “Understanding the New Tax Regime in Nigeria: New Laws, New Rules, New Realities,” provided a platform for indepth discussions on recent tax reforms and how they affect businesses, investments, and industrial development at both national and sub national levels.
Speaking on the importance of the engagement, the representative of the State Coordinator RMRDC, Kebbi State, and an Assistant Director, Mrs. Hassan Samirah Usman, said the retreat was timely and relevant to the Council’s mandate.
“Tax policies have a direct impact on industrial growth and the sustainability of enterprises that utilize local raw materials. Engaging with legal and tax experts through platforms like this retreat helps us better understand the regulatory environment and how it affects raw materials processing and industrial development,” she said.
She added that insights gained from the retreat would strengthen the Council’s advisory role to stakeholders within the raw materials value chain in Kebbi State. She noted that tax policies play a crucial role in shaping the operating environment of industries, particularly Agro processing and smallscale manufacturing enterprises that depend on local raw materials.
Experts at the forum emphasized that effective tax administration and compliance can stimulate economic development while supporting government revenue generation. Discussions also focused on the challenges faced by small and medium scale enterprises in adapting to new tax requirements and the need for continuous stakeholder engagement.
The Kebbi State Coordinating Office of RMRDC used the opportunity to interact with legal and tax practitioners on issues affecting raw materials based industries in the state, including Agro processing and manufacturing activities. Participants underscored the importance of collaboration between regulatory institutions, professional bodies, and the private sector to ensure that fiscal policies support economic diversification.
The Office reaffirmed its commitment to leveraging insights from such policy dialogues to promote industrial development and enhance the utilization of local raw materials in Kebbi State.
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