Ogun State Internal Revenue Service (OGIRS), has said that it is determined to raise the bar of Internally Generated Revenue (IGR), in the State from the present
N2.8b to N7b monthly.
The Executive Chairman of OGIRS, Mr. Anthony Olaleye made this known at a maiden meeting of the newly inaugurated Board members of OGIRS, at his office in Abeokuta.
Olaleye, in a statement signed by OGIRS Media Head, Mrs. Bolanle Ogunlami, explained that driving the State‘s IGR higher was a priority for all board members to pursue with integrity, adding that it could be achieved by putting the right technology that would capture more taxable adults into the State’s Tax net.
“We have people residing in this State working with companies in other border States and country like Oyo, Osun, Ondo, Lagos and Republic of Benin, taxes of these people are for Ogun State, when the residency rule is strictly adhered to and monitored.
Also, with the ‘Pay As you Earn’ ( PAYE), many do not know what they ought to pay. Do we monitor what they get monthly, do we have the right database of expatriates working in the State? All these are leakages that must be blocked”, he said.
The Chairman assured that when all these leakages are blocked with the set of professionals in the board to carry out Tax audit, the State IGR would surpass expectation, while enthusing that the target was achievable, he enjoined Board members to think outside the box, to justify their appointment and add significant value to the State.
Responding, one of the Board members, Hon. Bode Fakunle pledged the members’ readiness to run with the vision of the agency, by putting in their best to ensure Ogun takes its place of pride among comity of States.