Ogun Assembly Lauds Industry's Ministry For Actualizing 79% Of Revenue Target - EDU-BIZNEWS

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Sunday, October 2, 2022

Ogun Assembly Lauds Industry's Ministry For Actualizing 79% Of Revenue Target



The Ogun State House of Assembly has lauded the Ministry of Industry, Trade and Investment for actualising over 79 percent of its revenue target in the year 2020 budget despite the debilitating effect of the coronavirus pandemic on world economy.

The House Committee Chairman on Public Accounts, Hon. Musefiu Lamidi  gave the commendation when the Ministry Officials led by the Commissioner for Industry, Trade and Investment, Mrs. Kikelomo Longe appeared before the Committee at the Assembly Complex, Oke-Mosan, Abeokuta to consider the Auditor-General's report on the 2020 budget.

Hon. Lamidi urged  the Ministry to continue to improve on its  performance ,stressing the need  to continue to adhere to relevant budgetary principles as stipulated by the Office of the Auditor-General.

" The Ministry of Industry, Trade and Investment has done creditably well in the area of revenue generation despite the COVID-19 pandemic. The Ministry should continue to improve on its performance and also comply with the views of Auditor General," he added.

The Committee Chairman clarified that the exercise was not a witch-hunt but a move to ensure MDAs continue to conform with global best practices and also stimulate improvement among government agencies.

Corroborating the position of the Committee, a representative of the Office of the Auditor-General, Mr. Ahmed Adetona said based on the audit assessment carried out, the Ministry had done well in the year 2020.

Mrs. Longe in her response, assured that the Ministry intensified efforts on quality service delivery and created improved enabling environment for businesses in Ogun State in line with the drive of the Prince Dapo Abiodun-led administration which aided the Ministry in generating 79.03 percent of its N1bn revenue target.

Longe assured that the Ministry would continue to improve on its service delivery adding that the State remains focused on creating conducive environment for all categories of business in the State.

Also speaking, the Permanent Secretary, Ministry of Industry, Trade and Investment, Mr. Olu. Ola. Aikulola assured that the Ministry would continue to improve on all tracts calling on the Office of the Auditor to work hand in glove with the Ministry.


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