You’ve grown Oyo’s revenue, FIRS chair lauds Makinde

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 Oyo State governor, 'Seyi Makinde has called for pragmatic and inclusive solutions to Nigeria’s tax challenges, with a particular focus on effectively engaging the informal sector.

Governor Makinde made the call during the opening ceremony of the 157th Joint Tax Board (JTB) meeting held in Ibadan, the State Capital.

He noted that the meeting aligns with ongoing national efforts to reform and expand Nigeria’s tax base.

The Governor underscored the importance of collaboration, innovation and a grounded understanding of the country’s economic realities in transforming tax administration and reducing over-reliance on federal allocations.

Also Speaking the Executive Chairman, Federal Inland Revenue Service FIRS and Chairman, Joint Tax Board (JTB), Dr Zacchaeus Adedeji, who praised Governor Makinde’s administration for its transformational governance, noted that the informal sector is key to building a sustainable and inclusive tax system, adding that the informal sector represents over 92.6% of Nigeria’s employed population.

Adedeji, commended the governor for growing Oyo State’s revenue profile by 145.5 per cent since he assumed office in 2019, adding that the state recorded an IGR performance of N65.28 billion in 2024, a figure, which he noted, reflected 23.7 per cent growth over the 2023 collection.

In his welcome address, the Chairman of the State Internal Revenue Service (OYSIRS), Mr. Ola Awakan, lauded the state’s progress under Governor Makinde.

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