Oladele Bankole-Balogun, executive chairman of Edo State Internal Revenue Service (EIRS), has assured the state government that the N120 billion annual revenue generation was achievable.
Balogun, who said the EIRS targeted to generate N10 billion monthly revenue noted that the N120 billion annual generation would be achieved through full digitisation of operations, tax net expansion, enhanced compliance, enforcement, and tax awareness campaigns.
The EIRS boss made the pledge at
his maiden meeting with unit heads, zonal, and branch managers of the service at the Corporate Headquarters in Benin City.
While opining that the target was sustainable, he, however, stressed the importance of staff welfare and training to improve overall efficiency and revenue collection.
He told the staff that the service was undergoing a transformation to align with Governor Monday Okpebholo’s five-point agenda.
According to him, the five-point agenda include health, security, infrastructure, education, and agriculture, which form the foundation of the administration’s development goals for Edo State.
He recalled that the new board had promised the Governor Monday Okpebholo-led government of a monthly IGR of N10 billion.
Balogun, who advised the staff to be committed to the service’s objectives, added that, maximising tax collection and improving current processes were crucial for achieving the revenue target.
He, however, called on staff to leverage on their expertise and dedication to help the administration fulfill its developmental promises to Edo citizens.
He also commended staff for their contributions to EIRS’ achievements so far, reassuring them of continued prioritisation of their welfare and capacity-building initiatives to enhance productivity.
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