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Osun Can Only Survive With 10b Revenue Monthly – Gov Aregbesola

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Economy

Osun Can Only Survive With 10b Revenue Monthly – Gov Aregbesola

The governor of State of Osun, Rauf Aregbesola, has on Tuesday, January 16, said for Osun state to survive economically, it is imperative to raise her Internally Generated Revenue (IGR) from an average of N500 million to N4.1 billion and eventually N10 billion monthly.

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Rauf disclosed this at a flag-off event of a five-day workshop on the state development plan organised by the state Ministry of Economic Planning, Budget and Development, at Royal Park Hotel, Iloko-Ijesa.

Gov Aregbesola Says Osun Needs N10b To Survive Monthly

Osun Can Only Survive With 10b Revenue Monthly - Gov Aregbesola

 Gov Aregbesola

He said: “In your course of planning in this workshop, Osun must at least target N10billion IGR in the next ten years. Osun must earn before the expiration of this administration at least N4.1billion as monthly IGR, it is not as difficult as we feel but we must apply our senses to it.”

According to Channels TV reports, Governor Aregbesola charged the leadership of Ministries, Agencies and Departments (MDAs) and other government parastatals in the state to put in their best so as to raise the revenue of the state to accomplish this goal. He also appealed to the people of the state to pay their tax regularly.

“If we really want to build a prosperous state as we aspired, thus, we must pay our taxes, God doesn’t support idleness, laziness and indolence, so we must work to meet our personal needs and give to the government what is due to it.

“So, we must also use the opportunity of this gathering to develop and provide to our state, a development agenda that will make it virile, a viable and successful state in Nigeria.

“If Lagos earned N503.7 billion in 2017 as IGR, as being claimed by its government. It means that Lagos generated N41.7‎ billion for every month of the twelve months of 2017, therefore, we must struggle to get IGR capacity of 4.1 billion which is ten percent of what Lagos generates every month before we exit,” he said.

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