Edo state governor, Godwin Obaseki yesterday evening tasked the newly inaugurated Edo State Internal Revenue Service (EIRS) on professionalism in the discharge of their duties to further boost the state’s Internally Generated Revenue from where the last administration left it.
This is coming on the heels of Obaseki disclosing that Edo state is just as privileged as Lagos state in Sub-Saharan Africa, to access World Bank loans at less than one per cent for 20 years, and in some cases, 10 years moratorium.
He stated this dismissing allegations from the opposition Peoples Democratic Party (PDP) that the state was heavily indebted.
He said Edo state has the best profile of debt structure in Nigeria, adding that there is virtually no government or business anywhere in the world that does not have debts.
He, however, revealed that it was salient to borrow with caution, saying, “It must be managed responsibly or no lender will borrow you money, if they believe that you do not have the capacity to pay”.
Obaseki on Monday swore in the new Chairman and members of the board of the Edo Internal Revenue Service (EIRS) , Igbinidu Inneh at The Government House in Benin City.
He said that one of the challenges of previous boards was inability to meet budgeted revenue targets noting that it would not be accepted anymore.
He commended the immediate former Chairman and members of the board for the level of patriotism and professionalism displayed during their tenure as he called on the new board members to build on the already established benchmark of their predecessor.
“You are the calibre of people we can vouch for in terms of integrity and professionalism. We want you to help deepen the tax collection and administration system in the state via high standards, but be humane to people in the state”, he said.
He also urged them to adopt the right technology and be prudent in spending to ensure effective performance of the board.
In his response, Inneh, appreciated the governor for the opportunity given to him and other members of the board to oversee revenue collection in the state.
Other members of the board are Mr Charity Aimamyaevbo, Mr Emmanuel Okodugha, Hon Micheal Ohio-Ezomo and Mr Efe Iserhienrhien as secretary.
Vía The Guardian Nigeria http://ift.tt/2n39aj3