Oyo state IGR hits N15bn in 2 years

Oyo state IGR hits N15bn in 2 years
Oyo State Governor, Seyi Makinde

The Governor of Oyo State, Seyi Makinde has disclosed that its government has increased the state’s Internally Generated Revenue (IGR) by close to N15 billion without raising taxes in the first two years.

This is contained in a statement issued by his Chief Press Secretary, Mr Taiwo Adisa, in Ibadan.

The statement quoted the governor as saying this, on Saturday evening at the 41st Omo Aj’orosun Day Celebration, in Ibadan.

The governor also used the occasion to explain the essence of the Alternative Project Funding Approach (APFA) of his administration.

READ ALSO: Food security: FG distributes 50,000 yam seeds to farmers in Ekiti

Makinde said the APFA helped the state in bridging its infrastructure deficit, “while also helping to expand the economy and increase the IGR.”

He said that his government was able to increase the IGR without raising taxes by appealing and bringing more people into the state tax net.

The governor who felicitated members of the Aj’orosun Club, promised to donate a bus to the club.

He warned against politicising the security challenges in the state.

Makinde also called on the residents of the state to support the government’s efforts on security.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.