Megan Smith
Thu, Jul 13, 2023 10:05 PM

Edo State Government Takes Direct Control of Revenue Collection

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Edo State Government Takes Direct Control of Revenue Collection
The Edo State Governor, Mr. Godwin Obaseki, has directed that all revenue collection functions of the Government will now come under the direct supervision of the Governor's Office. This decision comes as a result of the state government's earnings falling short of the N30bn target. Permanent Secretaries and Heads of revenue generating agencies who have not met their mid-year target have been queried and ordered to come under the direct supervision of the Governor's Office. The aim is to ensure the attainment of the N62b target at the end of the year.

The Edo State Government has taken a bold step in its revenue collection efforts by bringing all revenue functions under the direct control of the Governor's Office. This decision, made by Governor Godwin Obaseki, comes in the wake of a review that revealed the state's earnings fell short of the N30bn target set for the year.

According to the Special Adviser on Media Projects, Crusoe Osagie, the government reviewed the year-to-date revenue status and found that earnings were not meeting expectations. As a result, the Governor's Office has issued queries to all Permanent Secretaries and Heads of revenue generating agencies who have failed to meet their mid-year targets.

In order to ensure that the N62b target is met by the end of the year, these officials have been ordered to come under the direct supervision of the Governor's Office. This measure aims to improve coordination and oversight in revenue collection, thereby maximizing the state's earning potential.

The decision to centralize revenue collection functions is a strategic move that will enable the state government to closely monitor and evaluate the performance of revenue generating agencies, including those at the local government level. By having direct control over these functions, the Governor's Office can identify areas of improvement, implement necessary reforms, and provide guidance and support to officials responsible for revenue collection.

Revenue collection plays a critical role in the economic development and sustainability of any government. It provides the necessary funds to finance public services and infrastructure projects, thereby enhancing the overall wellbeing of the citizens. However, when revenue targets are not met, it hampers the government's ability to deliver on its developmental agenda.

By taking direct control of revenue collection, the Edo State Government is sending a clear message that it is committed to enhancing efficiency, accountability, and transparency in this crucial aspect of governance. This move will foster a more robust and effective revenue collection system, leading to increased revenue generation and improved service delivery.

Furthermore, the Governor's Office has emphasized the importance of meeting the set targets by the end of the year. The N62b target not only represents a desired revenue milestone but also signifies the state's progress in achieving its development objectives. It reflects the government's determination to prioritize revenue generation and allocate resources appropriately to key sectors such as healthcare, education, infrastructure, and other critical areas that require sustained funding.

It is expected that the direct supervision of revenue collection functions will drive greater compliance, ensure adherence to best practices, and curb revenue leakages. As revenue generation improves, the state government will be better equipped to invest in its people and transform the lives of Edo citizens.

The Edo State Government's decision to bring revenue collection functions under the direct control of the Governor's Office is a strategic move aimed at strengthening the state's fiscal position. It is an important step towards achieving sustainable economic growth, promoting good governance, and delivering on the government's mandate to improve the lives of the people.

Source of content: OOO News 2023-07-13 News

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