Ogun Optimistic Of Meeting N100Bn IGR Target For 2021 - EDU-BIZNEWS


Saturday, October 30, 2021

Ogun Optimistic Of Meeting N100Bn IGR Target For 2021

Ogun State Government has expressed its determination to continue to  formulate various economic development policies,aimed at meeting   its Internally Generated Revenue target of N100bn in the current fiscal year.

The State Commissioner for Finance and Chief Economic Adviser, Mr. Dapo Okubadejo who made this known in Abeokuta in an interview with newsmen on the sideline of  the recently launched  Ogun State Land Administration and Revenue Management System (OLARMS), said the State’s IGR had hit N74bn as at September, 2021.

Okubadejo, who described OLARMS as a revolutionary technological initiative in the management of land resources in the country, maintained that the initiative has the capacity to raise the rating of the State in the Ease of Doing Business index.       

 His words,“We are on a trajectory to massively increase the revenue base of Ogun State. As at September, we have already recorded N74bn in Internally Generated Revenue, and by the grace of God, we are hoping that with all these initiatives we are introducing, the revenue base of Ogun State will continue to increase. This year, if we are not doing up to N100bn, we will be very close".         

“We’ve done it in Land Use and Amenities Charge, we are introducing public utilities platforms for the management of public infrastructure like towers, fibre optic cables among others, and now we have OLARMS which is one of the biggest initiatives, and this is about the first, if not the first in Nigeria. A dedicated platform has been developed to ease administration of land and encourage people to acquire land transparently wherever they are in the world”, the Commissioner added.              

On the uncompleted applications for the Home Owners Charter by the last administration, Okubadejo hinted that the backlog of applications, totaling about 150,000 had already been digitised by the current administration for easy processing, through the OLARMS platform.

 According to him, “OLARMS is not just for acquisition of land. The Home Owners Charter by the last administration has a lot of cases of uncompleted applications. Many people have not had their documents fully processed. We have digitised all these documents, put them on OLARMS. People will now have the opportunity to come and complete their Home Owners Charter process once that module is activated’’

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