Economy

Edo IGR hits N10bn

BENIN CITY – FEW days after the Edo State Inland Revenue Service (EIRS) said ten billion naira monthly Internally Generated Revenue (IGR) is achievable, the chairman of the Service, Hon Oladele Bankole-Balogun said that the state’s IGR exceeded the 10 billion naira target for January and that they are set to build on that in the coming months.

Bankole–Balogun made the revelation while on a courtesy visit to the Edo State Commissioner of Police CP Betty Enekpen Otimenyin who is the 49th and first female Commissioner of Police in the state.

The EIRS boss said the feat was achieved under the leadership of the governor of the state, His Excellency Senator Monday Okpebholo who he said charged the new EIRS Board with a clear mandate of generating IGR for the developmental needs of the State in line with the five-point agenda of his administration.

Hon. Bankole-Balogun therefore solicited the “support and partnership with the Police in sustaining this unprecedented record to ensure compliance and enforcement with the Tax Laws.”

In her response, CP Betty Otimeyin appreciated the role of the Revenue Service in the development of the State and promised the Command’s support and partnership with the EIR’s leadership for a sustainable IGR collection which she said is needed by all citizens.

Before the visit to the head of police in the state, Hon. Oladele Bankole-Balogun had led the EIRS Board to the Office of the Director, Department of State Security Service where he sued for collaboration and support of the DSS Office for the Revenue Service operations and activities.

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