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Sunday, November 27, 2022

‘Automated Omoluabi card ‘ll boost Osun IGR’

‘Automated Omoluabi card ‘ll boost Osun IGR’

From Fisayo Akinduro, Osogbo
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The importance of an automated card otherwise known as “Omoluabi Card” for every taxable adult in Osun state as a means of improving revenue in the state has been reemphasized.

Supervisor for Finance, Mr Bola Oyebamiji stated this during the finance conglomerate meeting in Osogbo.

He said if the system is well organized and taxable adults in the state are captured through an automated technology, it will go a long way in assisting the state to further improve the state’s revenue.

He said the process will assist the Ministry of Finance to have an accurate data of every taxable resident and monitor the IGR drive of the state seamlessly.

Oyebamiji explained further that it will go a long way in helping the state to get the required tax and levies from any taxable adult of the state without much stress, as those who have paid their taxes will be seen at a glance through the database.

The Finance expert who is also in charge of the Ministry of Commerce, Cooperatives and Industries stressed that advanced countries of the world are able to collect necessary taxes from their citizens because of the efficient automated system for their citizens which have been put in place.

“If we want to achieve new results, we need to stop doing things the old way. The idea of the “Omoluabi Card” which we have been trying to implement will go a long way in assisting the state in a lot of positive ways.

“With the card in place, cases of tax evasion will be extremely difficult for any taxable adult, the card will make it easy for the software which we are developing to monitor the state’s finances to capture every tax or levy paid into the treasury from any part of the world.

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