Ekiti State Monthly Revenue Hits N2.75 Billion,Eyes N3 billion Target

Ekiti State Monthly Revenue Hits N2.75 Billion,Eyes N3 billion Target

Ado-Ekiti – Ekiti State has recorded a significant increase in its Internally Generated Revenue (IGR), with monthly collections rising to ₦2.75 billion as the state intensifies efforts to attain the ₦3 billion monthly revenue target. 2027: Opposition Single-Candidate Push Suffers Setback The Chairman of the Ekiti State Internal Revenue Service (EKIRS), Mr. Olaniran Olatona, disclosed

Ado-Ekiti – Ekiti State has recorded a significant increase in its Internally Generated Revenue (IGR), with monthly collections rising to ₦2.75 billion as the state intensifies efforts to attain the ₦3 billion monthly revenue target.

2027: Opposition Single-Candidate Push Suffers Setback

The Chairman of the Ekiti State Internal Revenue Service (EKIRS), Mr. Olaniran Olatona, disclosed this while highlighting the agency’s achievements in revenue generation. He attributed the improved performance to ongoing tax reforms, enhanced compliance by taxpayers, the deployment of technology, and strengthened revenue collection mechanisms.

According to Olatona, the state government remains committed to expanding its revenue base without placing undue burden on residents. He explained that the agency has continued to improve efficiency through taxpayer education, digital payment systems, and measures aimed at blocking revenue leakages across various sectors of the economy.

He expressed optimism that Ekiti would soon achieve its ₦3 billion monthly IGR target, noting that the additional revenue would strengthen the state’s capacity to fund infrastructure development, improve public services, and execute key developmental projects. He also urged individuals, businesses, and corporate organizations operating in the state to continue fulfilling their tax obligations, stressing that prompt tax payment remains essential for sustainable economic growth and development.

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