Osun Imposes N700 Tax On Each Slaughtered Cow

butchers in Osun

Butchers in Osun State will from now on be mandated to pay a levy of N700 for every cow slaughtered in the state.

This move, according to the state government, is aimed at boosting its internally generated revenue.

Lately, many states in Nigeria have struggled to meet their financial obligations because of shortfall in federal allocations to them, caused by a fall in the price of crude oil in the international market as well as shortage in its production in the country due to renewed activities of militants.

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At a meeting with butchers in the state on Monday, it was agreed that N700 tax would be paid into government coffers.

Wale Adedoyin, a consultant to the state government, who represented it at the meeting, also informed newsmen that henceforth, the establishment of a new slaughter slab will attract payment of N50,000.

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Adedoyin, a former Commissioner for Agriculture and Food Security in the state, added that registration of each member of the butchers association would attract N2,500 while annual renewal of registration would cost N1,000.

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