Ogun State government has promised to improve on the State Internally Generated Revenue, IGR as a means of achieving various developmental projects going on across the State.
Commissioner for Finance, Mrs. Kemi Adeosun stated this yesterday while briefing the participants of the Institute for Security Studies, ISS on the activities of the Ministry held at the Governor’s Office Press Centre, Oke-Mosan, Abeokuta.
The Commissioner, who was represented by the Permanent Secretary in the Ministry, Mrs. Ajibola Chokor said plans are on the pipeline to source for more revenue by extending cashless policy to the outstanding Ministries and Agencies, MDAs in order to block leakages, enforcement of registration of revenue consultants with the Ministry of Finance, monitoring and creating an enabling environment to voluntarily attract local and foreign investors among others.
Adeosun said the ministry has continued to formulate economic policies geared towards repositioning the State as well as improving on the existing process and systems to support the present administration of Senator Ibikunle Amosun.
The commissioner attributed the success recorded in the area of increased Internally Generated Revenue to some measures put in place at the inception of this administration to block leakages.
He added that introduction of cashless policy in the State Government Tertiary Institutions in August 2012 and extended to MDAs and General Hospitals has brought about 200 per cent increase in IGR.
She said the introduction of Residency Rule whereby the workers residing in Ogun but working in Lagos would be remitting their taxes to the State had also brought tremendous achievements to the state tax net.
She said the present administration would not relent in providing conducive environment for investors.