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Edo State’s IGR hits N2bn monthly

Edo’s Internally Generated Revenue (IGR) has hit an average of N2 billion monthly from N1.55bn in 2016, the Executive Chairman, Edo Internal Revenue Service (EIRS),…

Edo’s Internally Generated Revenue (IGR) has hit an average of N2 billion monthly from N1.55bn in 2016, the Executive Chairman, Edo Internal Revenue Service (EIRS), Mr Igbinudu Inneh announced this to newsmen on Monday.

According to him, this represents 25 per cent growth rate within the period under review.

He said the number of verified and unverified persons in Edo state government tax net had increased from 120,000 in 2016 to 250,000 in 2018.

He added that 50 persons were currently undergoing training with a view to sending them out to confirm the status of additional 140,000 people that were biometrically captured within the last two years.

Inneh, who debunked report of decreased IGR, stated that Gov. Godwin Obaseki identified six critical success factors for revenue generation at the inception of his administration.

He listed the factors as technology, data, human capital development, stakeholders engagement, public enlightenment and man power development.

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