The Ogun Internal Revenue Service (OGIRS) has said that it intends to
generate the sum of N135.4 billion as revenue in 2020.
Mr Adekunle Adeosun, the Head of OGIRS, disclosed this while defending the
agency’s 2020 budget proposal before members of the state Assembly
Committee on Finance and Appropriation, in Abeokuta on Tuesday.
Adeosun said that the proposed revenue was realistic, as there were a lot of
transformations ongoing to boost revenue generation.
He added that the agency generated over N35.9 billion between January and
October.
The OGIRS boss said that N3.6 billion had been earmarked for recurrent
expenditure, while N330 million would go for capital expenditure in 2020.
The OGIRS boss said that the agency needed to undertake a lot of
enlightenment programmes for the people of the state to know that they had a
civic responsibility to pay tax.
“We need to do more enlightenment in the informal sector because the
performance level in that sector is low, especially in the area of tax payment,’’
he said.
Speaking with newsmen shortly after the budget defence, Mr Olakunle
Sobukanla, Chairman, Assembly Committee on Finance and
Appropriation promised that the Assembly would ensure that money was
released to MDAs for them to perform in 2020.
He further disclosed that the 2020 budget would soon be passed into law by
the Assembly.
