The Ogun Internal Revenue Service (OGIRS), has generated N7.7 billion as revenue between January and March 2019 to the coffers of the state government.
Mr Adekunle Adeosun, the chairman of the agency, made this disclosure while defending the first quarter report of the agency before the House of Assembly Committee on Finance and Appropriation on Tuesday in Abeokuta.
Adeosun, who was represented by the Director of Finance and Account, Mr Dahunsi Ogunleye, said that the revenue was generated from taxes and licences.
Adeosun said that the amount generated within the period would have been more if not for the lull in business due to the just concluded general elections in February and March.
“Concerted efforts are being made to shore up tax revenue in the subsequent quarters.
“The efforts include regular and adequate education, enlightenment, effective monitoring of tax agents, tax audit of organisations to recover tax arrears, enumeration and enrollment of informal sectors for tax payment,” he said.
Adeosun added that N76. 4 million was released for the payment of agency’s staff salary during the period under review while N255 million was expended on overhead cost.
(NAN)
