The Executive Secretary of Amuwo Odofin Local Government, Deaconess Modupe Ajibola-Ojodu has reiterated the need for Government to pay more attention to the Internally Generated Revenue (IGR) that comes through the payment of taxes and levies.

Deaconess Ajibola-Ojodu noted that tax and levies remains the secret behind the conspicuous socio-economic development in advanced democracies, thus making it a heinous crime to evade Local Government levies.

She made this known while introducing a consulting firm, “ FinaPlus” that would be collecting levies from Inter-State Transporters on behalf of the Local government, at the Council Secretariat, Festac Town, Lagos. She further stated that “It is no longer news that Nigeria’s oil is depleting. The reduction in global oil prices and volume demands has now made diversification of the Nigeria economy from over dependence on oil a mandatory policy oil issue. Oil revenue dependence has essentially ‘milked the cow dry’, hence, the decision of the Local government to further look inwards and think outside the box to generate revenue, which is in line with the Lagos State law on revenue generation.”

Deaconess Ajibola-Ojodu appealed to the stakeholders on inter-state transporters to cooperate with the Government in realizing her set goals and objectives.

The Head of Administration of the Local Government, Mr. Shakirudeen Omotayo opined that “the Council needs to generate revenue; one of such avenue is what we are discussing today. In most developed countries, Local Government survives on IGR.”

Meanwhile, the representatives of FinaPlus, Hon. Adeniyi Abayomi and Mr. Salami Femi averred that the essence of the meeting was to sensitize inter-state transporters on how to improve the IGR of the Local Government, with a view of getting their understanding on the issue.

According to them, “a large number of the stakeholders have agreed that it is right that revenue should be generated by the Local Government. They were also informed that from 1st of March all Inter-State transporters operating in Amuwo Odofin Local Government would pay a levy of N100 per passenger.”

Amuwo Odofin Local Government
41 Road, Festac Town, Lagos - Nigeria.
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