The Chartered Institute of Taxation of Nigeria (CITN) has rated the Ogun State Government third in Internal Generated Revenue (IGR) among the 36 states, following the N72,983,120,003.85 recorded by the state in 2016.
Speaking in Abeokuta, the Ogun State capital, during the 19th annual tax conference with the theme: “Taxation and Governance: The Social Contract Imperative,” CITN President, Dr. Olateju Somorin, explained that Ogun State recorded N34.6 in 2015, an increase of N17.09 billion
She said the National Bureau of Statistics (NBS) stated that Ogun State came first by doubling the N17.5 billion it generated in 2014 to N34.6 billion in 2015.
According to Olateju, the total components of revenue were PAYE (N24.15 billion), direct taxes (N1.81 billion) Road Taxes (N364 million), other taxes (N6.43 billion) and MDAs Revenue (N40,218,549,061.91).
No comments:
Post a Comment