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Revenue Service Boss Finally Reacts, Says Oyo’s IGR not stable yet, still work in progress

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The Chairman of Oyo State Board of Internal Revenue Service (OYSIRS), Prince John Adeleke, has clarified that the state’s Internally Generated Revenue (IGR) was not stable yet as according to him, the revenue base was still “work in progress.”

Prince Adeleke, who clarified the N2.7 billion collection attributed by the media to his Board in a report on Wednesday said that the state government was not ready to celebrate IGR figures yet since the revenue base was work in progress.

A statement made public on Wednesday by the OYSIRS boss indicated that the state government was not out to celebrate any figures, because the revenue base was still undergoing a series of reviews and reforms.

He said: “Nevertheless we are not out to celebrate any specific figure yet of the IGR attached to any month until we have achieved progressive and consistently satisfactory revenue over a sustained period.”

According to Prince Adeleke, the Governor of Oyo State, Engineer Seyi Makinde, had immediately after his appointment mandated his Board to ensure a huge turnaround of the state’s monthly revenue from an average of N1.7 billion to a minimum of N2 billion monthly, notwithstanding the vagaries and gyrations of revenue components.

He said: “We repeat that the N2 billion threshold, which is the immediate minimum IGR, which we hope for through the Oyo State Internal Revenue Service continued to be attainable. Every month, we will continue to work for increases beyond the threshold until the goal of doubling the IGR of the state to achieve a band of N4 billion is attained by December 2020.

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“At this point, the OYSG will not indulge in any random celebration of any particular month’s IGR figure because our best is yet to come. Even when we cross the N4 billion mark in the months to come, this will immediately become another benchmark for higher and stronger IGR performance. We continue to draw appropriate lessons and inferences when our IGR is on the right trajectory in any month.

“On the other hand, we put in measures and constantly revise our strategies in months when we expect to do better.”

The statement further read: “Running along with our strategies of more effective and leak-proof collection, well-enhanced manpower, equipped with the right skills, determination to exploit the richness of our informal sector, embracement of the right IT solution for improvement of specific areas of collection,  conscientious and results-driven leadership in the board and the Ministry of Finance, the good governance and visionary the leadership of our leader, Governor Seyi Makinde, Oyo State is poised to positively increased its IGR collection within the shortest possible time under this government. This is what we are working for. This is what we will achieve.”

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Ex-President Obasanjo laments high cost of diesel

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Former president Olusegun Obasanjo on Tuesday lamented the rising cost of diesel, stressing that it has adversely affected his fish business.

Obasanjo, while speaking during a southwest fish farmers’ congress at the presidential library (OOPL) in Ogun State, noted that the high diesel price may turn fish farmers into bankruptcy.

Putting the current price of diesel at N800 a litre, the ex-President said the production of a kilogram of fish is N1,400.

“I am already sweating and if the situation does not go down, anybody that is using diesel, I don’t know your calculation, my calculation is that I cannot produce a kilo of fish with less than N1400. That’s about what it cost as of today. So, if I sell my fish around N1,400 I cannot make a profit,” the ex-President was quoted as saying in a statement by his media aide, Kehinde Akinyemi.

He added that farmers must not sell less than N1,500 as anything short of that would lead to “outright loss”.

“If we don’t come together as an association, nationally, we will sink individually. If we come together, we will swim and survive together.

“And while we are working on coming together, I thought that the situation has arisen whereby we have to do something urgently.

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“The price of diesel has gone sky high because the management of this country is not what it should be. And it is as simple as that.

“Then, what will happen is that particularly those of us who have to use a bit of diesel in producing fish, we will completely go bankrupt, and when that happens, Nigerians will still have to eat fish.”

“And you will go jobless, poor, and indigent. So, what do we have to do? To come together… we want to sustain fish production, and we must be able to take care of those who are going to eat and those of us who are producing”, the former President said.

Fish production, according to him, would be out of reach, and “then people will be producing fish outside Nigeria and dump it here”.

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Metro

Hunger looms as bakers set to shut down industry nationwide

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The Association of Master Bakers and Caterers of Nigeria (AMBCN) South-East chapter, has said it is set to withdraw its services from July 13, as directed by its national body.

The Zonal Chairman of the association, Chief Dominic Nwibe made this known in an interview with NAN on Wednesday in Abakaliki, the Ebonyi State capital.

Recall that the National President of AMBCN, Malam Mansur Umar had also said members would begin a two-week strike from July 13, citing an increase in prices of bakery materials.

Following the directive, Chief Dominic said, “We had a zonal meeting in Abakaliki and decided to follow the directive which is supposed to last for two weeks.

“A bag of baking flour which hitherto cost N25,000 presently cost N28,000 and it is worrisome that it will keep increasing.

“A bag of sugar which hitherto cost N9,000 presently cost N30,000 while 20 litres of groundnut oil costs about N20,000″.

According to him, the members felt it was unnecessary to keep increasing the prices of bakery products such as bread to the detriment of customers.

“The customers would feel that we are greedy and we want to let the federal government know that the situation has become unbearable.

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“We are asking for the liberalisation of the sugar importation process to break the monopoly by two or three firms.

“These firms import sugar and control its price mechanisms as the withdrawal of services will make our customers know we are telling the truth on reasons for price increases,” he added.

The zonal chairman regretted that the authorities blamed the high cost of materials on the economic effects of the invasion of Ukraine by Russia.

“We don’t see any justification to this assertion as flour for instance, can be sourced from nearby countries,” he said.

Also speaking, the south east Zonal Secretary of the association, Mr Okey Ezeanata said that bakers have been seriously affected by the development as most of them have closed shops”.

“The market forces have been unfair to us and as the time we increased prices of products in April till present, there have been several changes.

“We urge the federal government to allow mass participation in our materials’ importation process just like in the telecommunication sector,” he said.

NAN reports that the association alleged that the National Wheat Cultivation Committee already constituted is yet to be inaugurated after over one year.

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Sports

Ex-Super Eagles Goalie, Baruwa Reveals How  3SC Revived His Dwindling Career

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Former Super Eagles and Shooting Stars Sports Club of Ibadan Goalkeeper, Abiodun Baruwa has revealed how the Ibadan based football club played vital role in the resuscitation of his football career.

Baruwa, who opened up on his stint with the Oluyole Warriors while featuring
on BCOS TV sports programme ‘Weekend Sports’ also disclosed that 3SC infused new lease of life into his dying career.

According to the retired footballer, his career was going down when he joined the 3SC from Stationery Stores but his life was turned around in Ibadan.

The ex- Super Eagles goalie presently based in London, added the hospitality of 3SC fans and the encouragement he got from the club’s officials under late Taiwo Ogunjobi made him regained his confidence, and this resulted in his subsequent call-ups to the national teams at different grades.

“What many people didn’t know is that my career was in decline before I got to Shooting Stars, but the late Taiwo Ogunjobi took me in as a son and the fans showed me love. And that inspired me to churn out good performances for the team. Consequently I was called up to play for the Nigerian national teams at different levels”, Baruwa said on the sports programme he featured via Skype.

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“Because of the key role 3SC played in my football career, the club remain my darling team”, he added.

Expressing his dissatisfaction at the present plight of the club, the former 3SC goalkeeper encouraged its fans to keep supporting the club to enable it regain its top position.

Abiodun Baruwa, fondly called Omo Alhaja (Alhaja’s son) by Ibadan soccer fans, was part of the Shooting Stars team that slugged it out with Egyptian giants Zamalek at the CAF Champions League final in 1996 and was also a member of the Super Eagles squad to the France ’98 FIFA World Cup.

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