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Ogun Generates N6bn monthly - Politics (2) - Nairaland

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Re: Ogun Generates N6bn monthly by patrickmuf(m): 12:29pm On Dec 24, 2014
geeez:
The links below show the story of Ogun State's IGR

As at last year, it was N4bn monthly

These are from several media sources and besides I have friends in the cabinet who have attested to this so it's Ledaerhsip newspaper versus all the other media agencies

http://www.vanguardngr.com/2013/08/ogun-how-we-raised-igr-from-n700m-to-n4bn-within-two-years-akinlade/

http://tvcontinental.tv/article/ogun-igr-now-5-billion-naira-monthly

http://tribune.com.ng/news/news-headlines/item/6497-ogun-targets-n7bn-igr-monthly/6497-ogun-targets-n7bn-igr-monthly

http://www.hallmarknews.com/ogun-internally-generated-revenue-hits-n5bn/

http://businessdayonline.com/2013/08/ogun-posts-61-26-percent-q1-budget-performance-as-monthly-igr-stays-at-n4bn/

http://theeagleonline.com.ng/oguns-igr-grows-from-n750m-to-n3b-in-two-years/



@Ngwa I need one more source that corrobates this you lie apart form Leaderhsip. I've provided seven links
Evidence based arguments...Nice one

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Re: Ogun Generates N6bn monthly by geeez: 12:38pm On Dec 24, 2014
Ngwakwe:


Can you reconcile whatever claims you quoted above with this futuristic target made during the budget presentation?

He told the lawmakers that the agency was expected to generate N36.77billion in 2015

From the 2015 projection, the monthly target is even N3 billion.

Convince us on why the excess you are claiming is not accounted for even during budget presentation.

He told them N10bn at the budget presentation which happened well over two weeks ago

That's what Daily Independent reported in my OP and all lawmakers present took note of that

I'm not from Ogun but I have investments there and very senior people in government

Just even listen to yourself. A state that generated N4bn last year plans to generate N1.5bn or thereabout next year and you don't think there's a problem
Re: Ogun Generates N6bn monthly by Ngwakwe: 12:43pm On Dec 24, 2014
geeez:


He told them N10bn at the budget presentation which happened well over two weeks ago

That's what Daily Independent reported in my OP and all lawmakers present took note of that

I'm not from Ogun but I have investments there and very senior people in government

Just even listen to yourself. A state that generated N4bn last year plans to generate N1.5bn or thereabout next year and you don't think there's a problem



Ogun targets N36 Billion tax revenue in 2015



The Ogun State Internal Revenue Service on Tuesday in Abeokuta said it generated N15.14bn between January and October, 2014.
 
The agency however added that it had mapped out plans to generate N36bn in 2015.


http://abujavoice.com/ogun-targets-n36-billion-tax-revenue-in-2015/
Re: Ogun Generates N6bn monthly by geeez: 12:53pm On Dec 24, 2014
Ngwakwe:



Ogun targets N36 Billion tax revenue in 2015



The Ogun State Internal Revenue Service on Tuesday in Abeokuta said it generated N15.14bn between January and October, 2014.
 
The agency however added that it had mapped out plans to generate N36bn in 2015.


http://abujavoice.com/ogun-targets-n36-billion-tax-revenue-in-2015/

I don't know which budget presentation you and your cohorts attended

The links below is evidence of what was presented in November with a video included from Channels TV

http://www.channelstv.com/2014/11/18/ogun-state-proposes-210-35billion-naira-2015-budget/
Re: Ogun Generates N6bn monthly by Ngwakwe: 1:04pm On Dec 24, 2014
geeez:


I don't know which budget presentation you and your cohorts attended

The links below is evidence of what was presented in November with a video included from Channels TV

http://www.channelstv.com/2014/11/18/ogun-state-proposes-210-35billion-naira-2015-budget/




There is no account of revenue generated in 2014 from the link you quoted rather a projected N90 billion for 2015 by the Governor

The link I quoted is this week's budget defence by Ogun State Internal Revenue board while you quoted November rundown.

Let me help you on what I suspect

The N36 billion may be on income tax only (probable)

They may have excluded revenues from levies, duties and permits (assumption)
Re: Ogun Generates N6bn monthly by Ngwakwe: 1:11pm On Dec 24, 2014
There is no account of revenue generated in 2014 from the link you quoted rather a projected N90 billion for 2015 by the Governor

The link I quoted is this week's budget defence by Ogun State Internal Revenue board while you quoted November rundown.

Let me help you on what I suspect

The N36 billion may be on income tax only (probable)

They may have excluded revenues from levies, duties and permits
Re: Ogun Generates N6bn monthly by Gbawe2: 1:40pm On Dec 24, 2014
MudRaker:
Story there was a similar thread yesterday that stated that Osun generated 12 billion in 10 months.

Why do you APC like lying like this?



If you are not intelligent enough to understand what is written then have the humility to refrain from claiming that others are "lying". That thread, even as I did not contribute to it, confused virtually all posters who responded to it. The thread talked about income accruing to Ogun through taxation. Any averagely intelligent person will know that IGR (internally generated revenue) is not limited to collection of tax and levies. The problem with Nigeria currently is that divisive and desperate politicians have enshrined politics of rancour and hate many have embraced to the extent they cannot even engage their thinking faculty adequately. They just support and oppose blindly and even illogically.

http://www.businessdictionary.com/definition/internal-revenue.html


internal revenue

Monies collected by a government through imposition of levies and taxes on facilities, incomes, sale of goods and services, transfers of properties, and other domestic transactions, as opposed to monies collected from duties imposed on imports and other international transactions. Also called inland revenue.
Re: Ogun Generates N6bn monthly by phransix147(m): 1:53pm On Dec 24, 2014
barcanista:
Ogun state have lands available for industries to thrive, cheap and accessible land, ever ready labour force, favorable tax system, the political will by the government and it is the alternative hub of working class residents of Lagos state. Lagos is "condensed", Ogun State is expanding and its location put it at advantage for those willing to do business between Lagos, and other South Western states.

You are very correct... Nyc one

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