As part of non-monetary palliative to cushion the of COVID-19, the Minister of FCT, Malam Muhammad Bello, has approved waiver on signage for business interests within the territory.
Malam Bello stated this at the official flag-off of the bills distribution ceremony and road show organised by the Department of Outdoor Advertisement and Signage (DOAS) of the Federal Capital Territory Administration (FCTA).
The minister who was represented by the permanent secretary, Adesola Olusade, said the decision became imperative following the economic downturn in the country occasioned by COVID-19 pandemic.
He said: “As part of support for the Small and Medium Scale Enterprises that are needed to catalyse the growth and the development of FCT, we have granted waiver to enterprises that have their signage and billboard on their walls to enable them benefit from some of the concession of government for this period of COVID-19.
“Its a gesture of government to ensure that non-monetary palliative of COVID-19 gets to everyone. It will enable the beneficiaries plough back the revenue that would have been paid to government into their businesses.”
He also called on the area councils to support DOAS effort towards revenue generation, noting that it will serve the interests of all.
“There has been some misunderstanding on the revenue generation effort between the FCT Administration and its area council. Some of their agitations are rightly explained.”