The Chairman, of the Ogun State Internal Revenue Service (OGIRS)Mr Adekunle Adeosun, the said on Friday that the agency has generated about N33 billion from January to Aug. 2017, saying the agency has already recorded 81 per cent performance.
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Adeosun made this disclosure during an oversight visit of the State Assembly’s Committee on Finance and Appropriation to the agency’s head office in Abeokuta.
The chairman stated that of the N33 billion generated by OGIRS, N31.6billion came from personal income tax, more than N1.2billion from withholding tax, and N318.5million from road tax.
“Some of the revenue also came from property tax, pools and lottery, levies and also from registration and other miscellaneous collection,’’ he said.
Adeosun explained that the achievement recorded in the area of huge revenue collection could be attributed to regular tax education and enlightenment of the public by the state government
According to him, the enumeration of existing and potential tax payers also contributed significantly to the success recorded.
“We do not have any interference from the governor of the state on the issue of tax collection which has significantly contributed to the success of OGIRS in its aggressive revenue drive.
“It could also be attributed to collaboration and exchange of information with Federal Inland Revenue Service (FIRS) and aggressive tax drive within the confine of the law.
“Low level of voluntary compliance by self employed individuals and informal sectors and paucity of funds to buy operational vehicles are some of the challenges we are facing in OGIRS,’’ he said.
In his response, the Chairman of the state assembly Committee on Finance and Appropriation, Mr Akanbi Bankole, congratulated the management of OGIRS on the progress recorded in revenue collection.
Bankole, however, charged the management of OGIRS to expand the revenue base of the state with a view to delivering more dividends of democracy to the people.