Obaseki Raises Edo Monthly IGR to N2b

September 11, 2018
godwin obaseki edo state

By Modupe Gbadeyanka

Efforts being made by Governor Godwin Obaseki of Edo State to make the Heartbeat of Nigeria financial strong are already yielding results.

The Mr Obaseki administration has raised the monthly internally generated revenue (IGR) of the state from N1.55 billion in 2016 when he assumed office to N2 billion.

Executive Chairman of Edo Internal Revenue Service (EIRS), Mr Igbinudu Inneh, informed reporters on Monday that the number of verified and unverified persons in the state government tax net has also increased in the period under review from 120,000 in 2016 to 250,000 in 2018.

According to him, the state government expects the IGR to rise in the last quarter of 2018 when the newly developed Edo Revenue Administration System (ERAS) is fully implemented this month.

Mr Inneh noted that the state government developed ERAS to help create jobs and distribute wealth, adding that the policy has mobile revenue collection components that would allow collectors to use revenue scratch cards.

“We started out in trying to develop an Edo Revenue Administration System which relies on technology, but technology on its own will not do it for you, you need human intervention.

“We now want to make sure we know those in the informal sector and know how much they have paid.

“For once, they will have a citizen identity that the government can relate with. The discount on the cards is the wealth that will trickle down, and those collecting money illegally before will have opportunity to buy the cards and sell to make money.

“We have done enumeration in the local government and we have all the buildings and their GPS coordinates.

“Vehicle owners will now be getting alerts on the anniversary of their vehicle renewal, because we have their house address. We can send notices to your house that you need to renew your vehicle so we don’t need to do stop and search because we have the data base.

“Expanding the tax net is some of the features the automation will help us to do. “Each tax payer has a tax profile on the system, so you can ask for a single tax assessment view,” he said.

The EIRS also said 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.

Mr Inneh 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.

Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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