OYIRS Chairman,  Aremo John Adeleke disclosed this on Monday at a press briefing organised by a group named ‘Friends of Seyi Makinde’, held at the Ministry of Information, Secretariat, Agodi, Ibadan.

From an average of about N1.2billion monthly inherited from the immediate past administration, Adeleke informed that the sudden rise is as a result of the positive and relentless efforts of the Governor Seyi Makinde led administration to block all leakages and ensure a continuous rise of the IGR to help the state depend less on federal allocation to runs its affairs.

He assured that OYSIRS would build on the progress already recorded, adding “we intend to keep on with this trajectory and follow the steady growth until we are able to double the IGR from where we met it, within our first year in office.

“We have to rise up to the occasion to ensure that the administration of Gov. Seyi Makinde has all the resources required to prosecute its various programmes”.

Mr Adeleke said a lot of resources was required for government to actualise its programmes, noting that the governor was firmly focused in moving the people of the state from poverty to prosperity.

“Because of this; the internally revenue service of the state is fully committed to, not just enhancing revenue but also, ensuring a revolution in revenue generation activities of the state.

“We have played the ground work, and we believe our efforts so far are bearing fruits.

“We are going to be very creative in the way we collect IGR in the state, blocking all leakages and ensuring that we move with modern technology in order to collect our revenue more effectively and efficiently,” he stressed.

While reiterating the determination and commitment of the present administration to improving the living standard of the people, the chairman, however  stressed  that OYSIRS would be engaging those in the informal sector so as to bring them into the tax net.

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Also, the government stated that the annual collection of tax, especially among traders, markets and artisans takes immediate effect.

The government made the disclosure, on Tuesday through the Executive Chairman, Oyo State Internal Revenue Service, Aremo John Adeleke during a sensitisation tour and meeting of market leaders from 14 major markets across Ibadan at the Ogunpa market, Ibadan North West Local Government, Ogunpa, Ibadan.

Some of the markets whose leaders were present at the meeting include, Eleyele, Ifeleyele market, Dugbe market, Agbaje market amongst others.

Speaking on the purpose of the meeting, Adeleke said the meeting is imperative in view of the need to encourage traders, artisans, shop owners, market men and women, among others to continue to be awake to their civic responsibilities as a way of supporting the government.

Represented by the Director of Other Taxes, Mr Idowu Alao, the OYSIRS boss said the government has refused to increase the tax payable by the traders, market men and women, artisans, shop owners and all others operating in the informal sector because of its understanding of the current economic situation in the country.

He assured the traders that the government is doing a lot to ensure business prosperity and economic development in the state, noting that in no long time, the effects will translate to improved sales which will be felt by the traders.

In her brief remarks while educating the traders on the new modalities being deployed for the new tax collection regime, the state tax manager in charge of informal sector, Mrs Yetunde Awotona said the state government has not collected any tax from the traders since January, but have now perfected a means of well coordinated approach through the use of tax agents with the aid of tax collection application pre-installed on their mobile phones.

She explained that, the traders and people in the informal sector have been cooperative over the years in the payment of the taxes but that the OYSIRS deemed it fit to embark on the approach as a means of strengthening the bond of cooperation between the government and the operators in the informal sector.

Awotona added that the new modality would also entail the use of tax agent offices located inside the various markets across the state to make tax payment easier and more convenient for the traders.

She assured the traders that the technological innovations was introduced into the collection as an improvement on the initial complains of the people and have a better coordinated and seamless approach to ensure that all tax paid gets to government coffers.

In their separate remarks during the meeting, the traders appealed to Governor Makinde to give them a tax waiver for the remaining months of the current year.

They. however assured the government of their cooperation and support in the payment of taxes and environmental management.

Highpoint of the meeting was the display of the Point of Sales (POS) machines and other equipment that would be deployed for tax collection through the use of ATM cards

The traders also used the opportunity of the meeting to ask various questions to which the officials of the revenue service provided satisfactory responses.

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This was stated during a One Day Sensitization workshop on Computations, Deductions and Remittances for Federal and State Ministries, Departments and Agencies (MDAs) as well as Tertiary Institutions in the state held at the House of Chiefs, Secretariats, Ibadan.

Speaking on behalf of Engr. Seyi Makinde, the Executive Chairman, Oyo State Internal Revenue Service, Aremo John Adeleke reiterated that the intention of the present administration was not going to over-burden any business enterprise either small or big but rather to ensure government get its fair and reasonable share of all its eligible tax revenue.

Makinde said, “Presently, the fluctuations and other complex gyrations of the international Oil market and the global economy means unstable and often lower revenue from Federal allocation. The need to look inward to generate enough internal revenue to cater for the much societal demand has never been this much.

“We count on Companies and other businesses to ensure they regularly deduct and remit their employees’ PAYE tax to covers of our treasury. This will ensure mutual reciprocation of right and duties on the part of all parties. I regard such complying institutions, business and contractors as friends of my government and corporate citizens of this State of enduring opportunities.”

Welcoming the participants in his speech, Aremo Adeleke tasked Professional Bodies, Tax Professionals, Consultants, Taxpayers and Agents to discharge their responsibilities as stipulated by the National Tax Policy of 2017.

He also urged all MDAs, Federal and State as well as Tertiary Institutions to ensure they give patronage only to individuals and companies with a record of regular and up to date remittance of their employees’ Pay As You Earn (PAYE).

In his remark, the head of the partnering firm, Mr Femi Adeniji explained that the workshop was about sensitizing various agencies about their responsibility that pertained to tax and other dues, adding that participants will be taught the right ways of making deductions so as not to shortchange the government.

The workshop had in attendance officials of State and Federal Ministries,Directorates and Agencies (MDAs),private business sectors representatives and other stakeholders.

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