Ogun generates N12 billion internal revenue in 7 months

Governor Ibikunle Amosun
Governor Ibikunle Amosun

The Ogun State Internal Revenue Service generated N12 billion in the last seven months, its Chairman, Adeosun Adekunle, has said.

Mr. Adekunle gave the figure in Abeokuta on Friday when the Ogun State Assembly Committee on Finance and Appropriation paid an oversight visit to the agency.

He noted said that the amount was more than the N11 billion generated by the agency in the entire 2015.

The chairman attributed the increase to improvement in tax auditing and reconciliation meetings with stakeholders.

He said that the agency had also embarked on public enlightenment on tax payment in the print and electronic media to promote a culture of voluntary tax payment among residents of the state.

Mr. Adekunle said low level of voluntary compliance and non-renewal of vehicle licences were among the major challenges encountered by the agency.

He gave the assurance that the government would continue to deliver democracy dividends to Ogun residents in spite of challenges.

The leader of the delegation, Bankole Akanbi, commended the agency for the measures it put in place to generate revenue, and urged it to intensify efforts.

Mr. Akanbi pledged the assembly’s support for the agency.

(NAN)

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