Empowering Abia Residents: The Significance of ABSSIN in Economic Planning and Taxation Reform

The Abia State Social Identification Number (ABSSIN) is to enhance citizens’ economic planning and tackle multiple taxation.

Abia State Social Identification Number (ABSSIN) has been established by Governor Alex Otti in an effort to improve individuals’ financial planning and address double taxation.

Okey Kanu, the commissioner for information and culture, said this at a press conference held at Government House, Umuahia.

ABSSIN serves as a unique identification number assigned to every resident of Abia State. Its implementation is aimed at creating a comprehensive database of individuals within the state, facilitating effective economic planning and resource allocation. By having a centralized system to track residents’ financial activities, the government can better understand consumption patterns, income distribution, and overall economic trends.

He announced that the effort, which aims to improve people’s wellbeing, would go into force on March 2.

Mr. Kanu also said ABSSIN would enhance the government’s effort to enhance social protection and uphold the principle of inclusion in governance.

“The government is taking this issue very seriously. This government has been very intentional in its plans, very strategic in execution of its plans, and very determined to enhance the living standards of its citizens,” he said.

Also, the Abia State Internal Revenue Services (ABIRS) chairman, Udochukwu Ogbonna, said every resident was expected to have the number.

Mr Ogbonna said one could obtain ABSSIN by registering online, using the ‘Abiapay online’, ABIRS office in the 17 LGAs and ministries.

“When you are paying your tax, you are supposed to quote this number. What that means is that every transaction you are doing in the state will come under one account, that is to say that, ABSSN is the account number of every citizen in Abia state.

“ABSSIN is not only for tax payment. It will help you to have access to certain benefits that are coming from the government, which include scholarships,” he said.

Also, the commissioner for budget and planning, Kingsley Anosike, said that ABSSIN would serve as the source of data for economic planning and accessing social benefits from the government.

“Once you register, all your information situated in that platform becomes easier to reach you, whether it is for an emergency, whatever it is,” Mr Anosike said.

The special adviser to the governor on internally generated revenue, Chimeremeze Okigbo, said the government wants to be intentional about economic planning.

Mr Okigbo said the ABSSIN registration was free, adding that it would help enhance the security measures to keep the state crime-free.

One of the key benefits of ABSSIN is the availability of comprehensive data that enables the government to make informed decisions regarding taxation policies and economic initiatives. With accurate information on residents’ income levels, expenditure patterns, and assets, policymakers can devise targeted strategies to promote economic growth, alleviate poverty, and address socio-economic disparities.

ABSSIN empowers residents to engage in better financial planning by providing access to personalized financial data and services. With their unique identification number, individuals can track their tax obligations, access government services, and participate in financial inclusion programs more effectively. Moreover, ABSSIN enables the government to offer targeted financial assistance and social welfare programs to those in need, promoting inclusive growth and poverty reduction.

The establishment of ABSSIN underscores the government’s commitment to fostering economic development and improving the overall quality of life for residents. By investing in technology-driven solutions like ABSSIN, the government demonstrates its readiness to embrace innovation and efficiency in governance. Moreover, ABSSIN reflects a broader strategy of leveraging data analytics and digital tools to enhance public service delivery and promote sustainable development.

While the introduction of ABSSIN presents numerous opportunities for economic transformation, its implementation may face challenges such as data privacy concerns, technological infrastructure limitations, and resistance from stakeholders. However, by addressing these challenges proactively and engaging stakeholders in the process, the government can maximize the benefits of ABSSIN and ensure its success in the long run.

The launch of ABSSIN represents a significant milestone in Abia State’s journey towards economic prosperity and inclusive development. By providing residents with a unique identification number and streamlining taxation processes, ABSSIN lays the foundation for a more efficient and equitable financial system. As the government continues to prioritize economic planning and revenue generation, ABSSIN will serve as a valuable tool for driving sustainable growth, promoting social welfare, and building a brighter future for all residents of Abia State.

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