Edo State Governor, Godwin Obaseki, has said the state’s Internally Generated Revenue, IGR, will grow in excess of N70 billion by 2024.

The governor, who disclosed this in an interview with newsmen weekend, said the state’s monthly IGR collection since 2016 had consistently increased as a result of the conscious investments made by his administration in boosting the local economy.

He said the IGR growth would come from leveraging its comparative advantage and exploring opportunities in technology, culture, manufacturing, and agriculture, among other sectors of the state’s economy.


The governor said: “For the past seven years, we have focused on the economy, setting modalities on ground to create an economic revolution in Edo State.

”Our focus was to attract private investors to Edo to focus on areas where we have a competitive and comparative advantage. We said government will be made an enabler to stimulate and ignite business opportunities in Edo State.

“Since 2016, our monthly IGR collection has consistently increased as a result of the conscious investments made in boosting our local economy. Our partnerships and popular MoUs have set Edo on the path of financial sustainability.

‘Govt now more efficient’

“Government is now working more efficiently and we are seeing the results of the hard work in terms of revenue increases. Between 2016 and 2023, we have achieved a lot in terms of IGR for the state, and next year, we anticipate that we will get IGR in excess of N70 billion.

“Projects like the Gelegele Seaport and Enterprise Park, among others will further impact the Internally Generated Revenue of the state in years to come.

“We have done a lot with cassava and ethanol as well as oil palm in the agricultural sector. We have worked hard with partners to open up the retail space in Edo State and hopefully, before the end of the year, we will be launching about 60 shops in the Benin Mall with different facilities.

“The future we see is a state with organised infrastructure to support the private sector production. We have done a lot with the Benin Enterprise Park as we are working on the one in Benin and have acquired land to build those in Edo Central and Edo North.

”We are hoping that the future is one where the government will work very closely with the private sector to drive the growth of Edo State’s economy.”

Source: https://www.vanguardngr.com/2023/11/obaseki-targets-n70b-igr-in-2024/

Indeed, this should be the major target of every serious government. Find a way to increase IGR without increasing taxes. They just have to be creative about it.

he will be selling human too i recommend the drummer Boy to him.... Great Text.

Lamba

Nice one

SoNature:
Indeed, this should be the major target of every serious government. Find a way to increase IGR without increasing taxes. They just have to be creative about it.

Most of the efforts put to increase the IGR is to suppress small and medium businesses. With over taxation and levies.


I pray he gets a reasonable blueprint to go about it.

Ok

JASONjnr:


Most of the efforts put to increase the IGR is to suppress small and medium businesses. With over taxation and levies.


I pray he gets a reasonable blueprint to go about it.

Dear sir, what is the reasonble way by which I can get physical access to that honorable representing my constituency in Lagos? Do they have offices too asides the chamber where they do converge?

How much are they currently generating?

what is the reasonble way by which I can get physical access to that honorable representing my constituency in Lagos? Do they have offices too asides the chamber where they do converge?

SoNature:



Source: https://www.vanguardngr.com/2023/11/obaseki-targets-n70b-igr-in-2024/

Target for 2024 L0*Ting u mean?

He should just carry his bag and go. he should not do anything again abeg.

Idayi larọ́

Lol the fools that spent 7 year without increasing the IGR to ₦70 billion now want to do that on the eve of his departure.

Indeed Edo no be Lagos.

SoNature:
Indeed, this should be the major target of every serious government. Find a way to increase IGR without increasing taxes. They just have to be creative about it.

The worst governor in Nigeria..

Noted please

What is your surname and what area you so I can provide that to you.

hakym619:


Dear sir, what is the reasonble way by which I can get physical access to that honorable representing my constituency in Lagos? Do they have offices too asides the chamber where they do converge?

Edo want to be Lagos now?lol 🤣🤣😂😂😂 when election is coming next year
Just dey play

Okay

Alaigbo:
What is your surname and what area you so I can provide that to you.

I'm a resident of Ikorodu construction II . I've identified the honorable representing us. He's Hon. Aro Moshood. I just don't know how to access them physically since sending a mail msynt yield any response.

Alaigbo:
What is your surname and what area you so I can provide that to you.

Besides for privacy reasons, can we talk on WhatsApp. There's more to say sir.

Surprisingly, no part in that report mentioned how much they are generating presently. How much is the state IGR presently?

Bros-Bros...
So na today day break for your Area abi?
When you get less than 12months abi?

"He said the IGR growth would come from leveraging its comparative advantage and exploring opportunities in technology, culture, manufacturing, and agriculture, among other sectors of the state’s economy."

This talk na just English and nothing else.


"We have done a lot with cassava and ethanol as well as oil palm in the agricultural sector. We have worked hard with partners to open up the retail space in Edo State and hopefully, before the end of the year, we will be launching about 60 shops in the Benin Mall with different facilities."

Garri, Ogogoro and Shops na hin you want take increase IGR? Chai! Obaseki who do you this thing?

Unfortunately, you no get anybody wen you go blame again and you don throway Broom and Umbrella so wetin go clear dirty for you no dey and wetin go protect you from Rain and Hit Sun no dey.

Edo people go hear am..

He was silent on what they currently generate so we won't be able to assess the feasibility of 70B naira in 1 year.

I see. Na now daybreak abi? Una go explain tire! The fear of #2024 elections is on them.

SoNature:
Indeed, this should be the major target of every serious government. Find a way to increase IGR without increasing taxes. They just have to be creative about it.

is it not from double and triple taxations they generate the revenue from? Try dey use your brain think

Ituobaroanthony:
is it not from double and triple taxations they generate the revenue from? Try dey use your brain think

You read but you have a terrible comprehensive capacity!

Give us good road, irhirhi to ogheghe is not the only road in benin, upper ekenwan road abandoned, upper airport road nothing to write home about

SoNature:

Source: https://www.vanguardngr.com/2023/11/obaseki-targets-n70b-igr-in-2024/

Where is the list of improvements in government services and utilities that he achieved with the increased IGR of previous years

For where?
Last year in office deception.