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Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months - Politics - Nairaland

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Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by November1857(m): 5:14pm On Dec 23, 2021
Ogun makes N29.7 billion in IGR, borrows N38.9 billion in 10 months
The latest report by the DMO showed that Ogun has the second highest debt stock in the South-West, and fifth highest in the country.

The Ogun State government says it generated N29.75 billion in internal revenue in nine months despite borrowing N38.9 billion within the same period, according to the Debt Management Office (DMO).

Chairman of the Ogun Internal Revenue Service (OGIRS), Olugbenga Olaleye, told the state assembly on Thursday that the amount was generated from January to October 2021.

Mr Olaleye, while defending the 2022 budget proposal of the agency before the House, said that the agency proposed to generate the sum of N56.3 billion as revenue in 2022.

He reeled out the sources of the revenue to include: personal income tax, pools betting/casino licence, capital gain tax, road tax, withholding taxes, tax investigation and direct assessment.

The chairman said the agency also proposed a total expenditure of N2.18 billion, out of which N349.9 million was earmarked for various capital projects, while N1.83 billion would cater for salaries and allowances of the workforce.

Meanwhile, the latest report by the DMO showed that Ogun has the second highest debt stock in the South-West, and fifth highest in the country.

The data released by Patience Oniha, the DMO boss, pegged the state’s domestic debt at N192.4 billion behind Lagos (N532.12 billion), Akwa Ibom (N234,85 billion),Rivers (N226.35 billion), and Delta (N207.17 billion).

The five states owe 33.1 per cent of the total domestic debt owed by the subnational governments as of September 30, 2021.


he Ogun State government says it generated N29.75 billion in internal revenue in nine months despite borrowing N38.9 billion within the same period, according to the Debt Management Office (DMO).

Chairman of the Ogun Internal Revenue Service (OGIRS), Olugbenga Olaleye, told the state assembly on Thursday that the amount was generated from January to October 2021.

Mr Olaleye, while defending the 2022 budget proposal of the agency before the House, said that the agency proposed to generate the sum of N56.3 billion as revenue in 2022.

He reeled out the sources of the revenue to include: personal income tax, pools betting/casino licence, capital gain tax, road tax, withholding taxes, tax investigation and direct assessment.

The chairman said the agency also proposed a total expenditure of N2.18 billion, out of which N349.9 million was earmarked for various capital projects, while N1.83 billion would cater for salaries and allowances of the workforce.

Meanwhile, the latest report by the DMO showed that Ogun has the second highest debt stock in the South-West, and fifth highest in the country.

The data released by Patience Oniha, the DMO boss, pegged the state’s domestic debt at N192.4 billion behind Lagos (N532.12 billion), Akwa Ibom (N234,85 billion),Rivers (N226.35 billion), and Delta (N207.17 billion).

The five states owe 33.1 per cent of the total domestic debt owed by the subnational governments as of September 30, 2021.

https://gazettengr.com/ogun-makes-n29-7-billion-in-igr-borrows-n38-9-billion-in-10-months/?utm_source=ReviveOldPost&utm_medium=social&utm_campaign=ReviveOldPost

1 Like

Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by Kriss216: 5:16pm On Dec 23, 2021
Skull mining consists 85.7653% of the total generated revenue.

31 Likes 2 Shares

Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by OreMI22: 5:19pm On Dec 23, 2021
Why focus on Ogun state alone?

Ogun state has not borrowed as much as many other states in Nigeria that borrowed massively and yet no projects to show for all the money!

We MUST probe all these loans taken by both Federal and State governments!

8 Likes

Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by 22o62021: 5:34pm On Dec 23, 2021
Wetin I dey see for Enugu up there

Chai

It is finished

9 Likes 2 Shares

Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by Burruchaga71(m): 7:54pm On Dec 23, 2021
Hahahahahahahaahahahahaha, these people sef

2 Likes

Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by JUSTASLIP: 5:11am On Dec 24, 2021
wow
Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by dkdmy: 5:11am On Dec 24, 2021
Where do these pple use to borrow this money from

4 Likes 1 Share

Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by Frestuffng: 5:12am On Dec 24, 2021
God...m
Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by DataWiz: 5:13am On Dec 24, 2021
k
Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by Geeman2006: 5:13am On Dec 24, 2021
Wow. And they still have shitty roads.

1 Like 1 Share

Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by Eronms25: 5:14am On Dec 24, 2021
Hmmm
Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by OfficialGaGa(m): 5:16am On Dec 24, 2021
No be juju be dat.....

2 Likes 1 Share

Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by DEROX: 5:16am On Dec 24, 2021
OreMI22:
Why focus on Ogun state alone?

Ogun state has not borrowed as much as many other states in Nigeria that borrowed massively and yet no projects to show for all the money!

We MUST probe all these loans taken by both Federal and State governments!
check the op na dont you know who he is.
Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by Eronms25: 5:16am On Dec 24, 2021
Enugu chai!!
Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by Nobody: 5:26am On Dec 24, 2021
OreMI22:
Why focus on Ogun state alone?

Ogun state has not borrowed as much as many other states in Nigeria that borrowed massively and yet no projects to show for all the money!

We MUST probe all these loans taken by both Federal and State governments!

Yeah... Imo owes $3tr and Enugu $321bn.... do you folks now manufacture debt statistics too?

21 Likes 1 Share

Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by StayMotivated: 5:54am On Dec 24, 2021
With all the money borrowed and IGR Ogun State still has the worst road in the whole of Nigeria

8 Likes 1 Share

Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by teeytimi: 5:55am On Dec 24, 2021
Ogun is bedeviled with the most useless government in this country. The guy is just eating ogún state money.

No single project since he assumed office. Smh

9 Likes 4 Shares

Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by teeytimi: 5:59am On Dec 24, 2021
OreMI22:
Why focus on Ogun state alone?

Ogun state has not borrowed as much as many other states in Nigeria that borrowed massively and yet no projects to show for all the money!

We MUST probe all these loans taken by both Federal and State governments!
guy what you have here is pure rubbish. Very inconsistent data

10 Likes 2 Shares

Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by Nobody: 6:02am On Dec 24, 2021
Esseite:


Yeah... Imo owes $3tr and Enugu $321bn.... do you folks now manufacture debt statistics too?
Are you minding the fool. When Nigeria total debt is only $87 billion

14 Likes 2 Shares

Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by iampeterben(m): 6:20am On Dec 24, 2021
teeytimi:
Ogun is bedeviled with the most useless government in this country. The guy is just eating ogún state money.

No single project since he assumed office. Smh
My brother you didn't make mistake saying this. A very irresponsible governor.

8 Likes 3 Shares

Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by Chris2863(m): 6:27am On Dec 24, 2021
OreMI22:
Why focus on Ogun state alone?

Ogun state has not borrowed as much as many other states in Nigeria that borrowed massively and yet no projects to show for all the money!

We MUST probe all these loans taken by both Federal and State governments!
no source to back this fake image up

3 Likes

Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by Anneka101(f): 6:30am On Dec 24, 2021
I knew from the onset that Dapo is a criminal

7 Likes 1 Share

Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by Cirochukade: 6:38am On Dec 24, 2021
grin
Anneka101:
I knew from the onset that Dapo is a criminal
grin grin grin grin
Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by kayusely70(m): 6:39am On Dec 24, 2021
The present administration in Ogun state is very incompetent, corrupt and bereft of meaningful ideas. The governor is grossly incompetent. He's busy pursuing an elusive 2nd term ambition, bootlicking godfathers and wasting money to curry their favours. Shioor!!!

4 Likes 1 Share

Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by happney65: 6:43am On Dec 24, 2021
When we tell them Dapo is a total write off them go dey vex. I am sure the great sage,Obafemi Awolowo will be turning in his Grave say see wetin this Guy has turned his state into.

Ogun has always been retrogressing in all indices since he came on board.. Oyo is gunning for almost 80Billion IGR next year without increasing taxes currently almost closer to the current IGR of Ogun for 2021 yet Ogun is gunning for a far much more lower IGR in 2022

Anyways,na him know. OYO is taking over completely next year and will be the second in the South west after Lagos

Tueh

3 Likes 1 Share

Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by kaydee007(m): 6:46am On Dec 24, 2021
SEE ABIA STATE SELF..............HQ FOR DIRTY
OreMI22:
Why focus on Ogun state alone?

Ogun state has not borrowed as much as many other states in Nigeria that borrowed massively and yet no projects to show for all the money!

We MUST probe all these loans taken by both Federal and State governments!

1 Like 1 Share

Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by LibertyRep: 6:56am On Dec 24, 2021
I blame those borrowing them the money.

They are also partners in the alleged treasury looting crime.

2 Likes 1 Share

Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by InvertedHammer: 7:01am On Dec 24, 2021
OreMI22:
Why focus on Ogun state alone?

Ogun state has not borrowed as much as many other states in Nigeria that borrowed massively and yet no projects to show for all the money!

We MUST probe all these loans taken by both Federal and State governments!
/
How could Imo State be owing $3.4trillion? How much is the whole Nigeria worth or you are just pulling data out of your a$s?

/

14 Likes 1 Share

Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by Tranquillity360: 7:03am On Dec 24, 2021
IGR from skull mining industry.

1 Like

Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by clothingonline(m): 7:06am On Dec 24, 2021
Nigeria states and borrowing

Affordable men clothing payment on delivery
Re: Ogun Makes ₦29.7 Billion In IGR, Borrows ₦38.9 Billion In 10 Months by iyke2frankeze: 7:11am On Dec 24, 2021
OreMI22:
Why focus on Ogun state alone?

Ogun state has not borrowed as much as many other states in Nigeria that borrowed massively and yet no projects to show for all the money!

We MUST probe all these loans taken by both Federal and State governments!
So Imo, Abia and Enugu borrowed that kind of money with nothing to show for it while Anambra and Ebonyi that did so much borrowed close to nothing?

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