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Edo Revenue Board Widens Tax Net

by Patrick Ochoga
3 months ago
in News
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The executive chairman of Edo Internal Revenue Board (EIRS), Oladele Bankole-Balogun, said the board has adopted measures to ensure that more people are captured under the tax net in a bid to deliver value added services and boost the state revenue profile.

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Balogun also disclosed that the Edo State government has generated N52.6 billion between January and June 2025 in Internally Generated Revenue (IGR).

He said the money was 46 percent increase in what was generated within the same period in 2024 when it raked in N36.1 billion.

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Balogun, who stated this at a press briefing in Benin City, said the figure represents 89.5 percent performance year-to-date.

He stated that the EIRS would continue to widen the tax net in the state even as he urged people to pay taxes as a civic duty.

He said he focused on capacity enhancement of staff, regular stakeholders’ engagements, infrastructure upgrade, improved staff welfare and strengthened compliance with tax laws since he assumed office in December last year.

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The EIRS boss stated that the collaboration with the judiciary led to the recovery of tax liabilities owed the state government.

On the Nigeria Tax Reform Law recently signed by President Bola Tinubu, Bankole-Balogun said the EIRS would intensify its public enlightenment efforts to ensure that taxpayers were fully aware of the changes and how they affect them.

 

 

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