Business

Edo monthly IGR hits N3bn

The Chairman of the Edo State Internal Revenue Service (EIRS), Hon. John Inegbedion, has said the service has met its monthly Internally Generated Revenue (IGR) target of N3 billion in the first quarter of 2022, increasing from the previous haul of N2.8bn.

This was disclosed during the service’s 2022 quarterly (January-March) performance review meeting held by the management of EIRS on Thursday.

Speaking at meeting, Inegbedion expressed appreciation to the Ministries of Physical Planning, Urban and Regional Development, and Education as well as Edo Geographical Information Service (Edo-GIS), for the collaboration that yielded improvement in their collections.

Hon. Inegbedion equally charged zonal and branch managers and other staff of the service for their dedication and efforts at achieving the feat and sued for its growth.

READ ALSO: Edo SIEC suspends council polls

He said necessary measures were being put in place to improve efficiency in revenue administration particularly in blocking revenue leakages.

The Taskforce Chairman further thanked Governor Godwin Obaseki and his deputy, Hon. Philip Shaibu, for the immense support to the service in ensuring its mandate of revenue generation is met for the overall benefit of the state.

Recall that at the last quarterly performance review meeting of 2021 and on assumption of office as Chairman of IGR Taskforce, Hon. Inegbedion, was charged by Governor Obaseki to champion a robust revenue administration for the state in line with budgetary provisions.

The Star

Segun Ojo

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