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IGR: Joint Tax Board rates Ondo best

by The Hope
17th April 2019
in News
0

IGR: Joint Tax Board rates Ondo best

By Fatima Muraina
|
Ondo state has been declared the best performing state in Internally Generated Revenue(IGR) and in percentage growth in the federation.

The declaration was made by the Joint Tax Board of the Federation in its  2017 and 2018 comparative IGR performance and percentage growth released for public consumption and made available to The Hope yesterday.

The Joint Tax Board is an independent body certified by the Nigeria Constitution and a component of all states Board of Internal Revenue.

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The document released by the Board showed that Ondo state was positioned the first as it had N10,927,871,499.76 billion IGR in 2017 and N24,788,059,725.53 billion in 2018 with an annual growth of 126.83%.

The document showed that the grand total of the country’s comparative IGR performance for 2017 showed the sum of N936,471,407,368.13 and N1,176,431,360,053.19 for 2018.

Bauchi state came second with N4,369,411,450.27billion in 2017 and N9,690,832,177.53 billion in 2018 with growth performance of 121.79% while Imo and Sokoto states followed respectively.

The document however showed Osun state as one of the least performing states with N11,731,026,444.38billion in 2017 and N10,381,603,677.98 billion in 2018 with 11.50 % growth.

Others are Benue, Cross River and Abia states respectively.

It would be recalled that over N3billion was said to have been lost by the Ondo government on tax remittance to the coffers of the Federal Inland Revenue (FIRS) .

The Chief Consultant with J.A OARS Consulting firm, Dr Soji Adedokun disclosed this to The Hope in an interview recently.

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