Oredo LGA Rakes in N39m as IGR in Five months
Oredo Local Government in Edo State has raked in over N39million within five months as Internally Generated Revenue (IGR), official documents have shown.
The money was generated from the transport sector between March 23 and August.
Governor Godwin Obaseki on January 1 banned the use of contractors for the collection of revenue.
He introduced e-ticketing in March and it was tested as a pilot scheme in Oredo, Egor and Ikpoba-Okha councils.
During the May Day rally, the governor said the scheme yielded good results, adding that daily income of over N500,000 was made from nine locations in Oredo Council, against N42,000 previously remitted by private contractors.
A top council official in the local government, who pleaded anonymity, said Obaseki’s target for the council’s IGR was N2million daily.
He said plans were on to block leakages and begin implementation of the newly-approved rates and levies of shops and kiosks, liquor fees, abattoirs, merriment and entertainment fees.
The official said the use of e-ticketing had improved the council’s revenue.
On how the fund was being spent, he said it was placed in a dedicated account.
According to him, “technology has assisted us to block leakages and improved our revenue profile. The government has helped in publicity. Tax assessment notices are being given to shop owners.
“There is hope that our salaries can be paid in future without waiting for federal allocation.”
The Head of Local Government Administration, Mr. Osagiator Ojo, confirmed increase in the council’s revenue.
He said efforts were on to meet the N2million daily target.