The Chairman of the Edo State Internal Revenue Service’s (EIRS) Internally Generated Revenue (IGR) Taskforce, John Inegbedion, has disclosed that the state Internal Generated Revenue has risen to N3 billion monthly.
He said the EIRS has met its target of N3 billion monthly from N2.8bn in the first quarter of 2022.
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Inegbedion disclosed this in Benin during the 2022 quarterly performance review meeting to analyse its performance and set a new target for revenue generated within the period.
He commended the Ministries of Physical Planning, Urban and Regional Development and Education as well as Edo Geographical Information Service (Edo-GIS), for the collaboration that yielded improvements in their respective collections.
According to him, the necessary measures are being put in place to improve efficiency in revenue administration particularly in blocking revenue leakages.
He commended Governor Godwin Obaseki and his deputy, Philip Shaibu for the immense support to the service in ensuring its mandate of revenue generation is met for the overall benefit of the state.