Edo State Internally Generated Revenue (IGR) has hit an average of N2billion monthly from N1.55billion in 2016 when Governor Godwin Obaseki was sworn-in. This represents 25 per cent growth rate within the period under review.
The state government is expecting increased IGR in the last quarter of 2018 when the newly developed Edo Revenue Administration System (ERAS) is fully implemented this month.
Also, the number of verified and unverified persons in the state government tax net has been increased from 120,000 in 2016 to 250,000 in 2018.
Executive chairman of Edo State Internal Revenue Service (EIRS) Mr. Igbinudu Inneh, who disclosed this in a chat with newsmen, said that 50 persons were currently undergoing training with a view to sending them out to confirm the status of the additional 140,000 people that were captured within the last two years.
Inneh who debunked report of decreased IGR stated that Governor Obaseki identified six critical success factors for revenue generation at the inception of his administration.
He listed the factors to include technology, data, human capital development, stakeholders’ engagement, public enlightenment and manpower development.
The EIRS disclosed that the state government developed ERAS to help create jobs and distribute wealth.
He explained that ERAS has mobile revenue collection components that would allow collectors to use revenue scratch cards.