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Edo records N2bn IGR monthly

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Edo State Internally Generated Revenue (IGR) has advanced to an average of N2 billion monthly from N1.55 billion in 2016, representing 25 per cent growth rate. This is indicative of the spirited efforts of Governor Godwin Obaseki’s administration to reposition the state since assumption of office.

 

However, findings have indicated that the state government planned to increase its IGR in the last quarter of 2018, when the newly developed Edo Revenue Administration System (ERAS) becomes fully implemented this month. It was further gathered that the number of verified and unverified persons in the state government tax net had increased from 120,000 in 2016 to 250,000 in 2018.

 

Speaking yesterday on the giant leap in Benin, the state capital, the Executive Chairman of the Edo State Internal Revenue Service (EIRS), Mr. Igbinudu Inneh, told newsmen that 50 persons were currently undergoing training with a view to sending them out to confirm the status of the additional 140,000 people that were captured within the last two years. He also denied reports in some quarters of alleged decrease in the state’s IGR, adding that Governor Obaseki had identified six critical factors responsible for successful revenue generation at the inception of his administration.

 

Inneh listed the factors for improved revenue base to include technology innovation, data, human capital development, stakeholders’ engagement, public enlightenment and manpower development, explaining that the state government developed ERAS to help to create jobs and distribute wealth. ERAS, according to him, has mobile revenue collection components that would allow collectors to use revenue scratch cards.

 

He said: “We started out by developing an Edo Revenue Administration System, which relies heavily on technology. Technology on its own will not do it for you, you still need human intervention.

 

“Now, we want to make sure we know those in the informal sector and 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. 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 level. We have all the buildings and their GPS coordinators. With this, vehicle owners will begin to receive alerts on the anniversary of their vehicle renewal. Since we have their house address, we can send notices to their houses that they need to renew their vehicles, and through this we do not need to do stop and search because we have the data base.”

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