The Peoples Democratic Party, (PDP) in Imo State has said the recently released data on Value Added Tax, VAT, generated across the 36 States of the Federation and the Federal Capital Territory, proves its previous stand on the dwindling fortunes of the Imo State economy under Governor Hope Uzodinma’s watch.
Imo PDP publicity secretary, Lancelot Obiaku, told newsmen that Uzodinma’s leadership style has made the state unattractive to investors.
Obiaku says it remains a wonder how the State generated the lowest VAT revenue in the entire country, saying even Zamfara, which is the second worst performing State generated N432.80 million compared to Imo’s N235.41 million.
The PDP says Imo’s dismal performance reflects the comatose state of its business environment and overall economy, saying the state is experiencing zero productivity, with no apparent plans by the Governor to reverse it.