Headlines
Home / Ogun News / Ogun Finance Ministry To Increase IGR And Cashless Policy

Ogun Finance Ministry To Increase IGR And Cashless Policy

          The Ogun State Ministry of Finance is set to extend cashless policy initiatives to all Ministries and Agencies (MDAs) of Government to block revenue leakages and embark on other measures to improve upon the State Internally Generated Revenue (IGR).

          The Permanent Secretary of the Ministry, Mrs. Ajibola Chokor disclosed this during the visit of members of the State House of Assembly Committee on Finance and Appropriation who are on oversight visit to the Ministry for the performance level of the 2015 budget appraisal.

          Mrs. Chokor said the cashless policy initiatives of the CBN would be extended to all Government MDAs to minimize revenue leakages and also embark on aggressive sensitization to encourage voluntary compliance by tax payers in order to gear up the State IGR.

          She said the State Revenue Monitoring Task force would be empowered to apprehend illegal toll collectors on the highway across the State and revenue collection among MDAs, in the State and Local Government Councils would also be harmonized to avoid multiple taxation.

          The House Committee Chairman, Hon. Bankole Akande lauded the efforts of the Ministry geared towards increasing the revenue base of the State and charged the workers to put in more effort in the coming year.

          Present at the meeting were the Permanent secretary Ministry of Budget and planning, Mr. Abayomi Sobande and Directors of both Ministrie

Leave a Reply

Your email address will not be published. Required fields are marked *

*


6 × three =

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Scroll To Top