Edo state governor, Mr. Godwin Obaseki has said his administration’s “projects like the Gelegele Seaport and Enterprise Park, among others” will further impact the Internally Generated Revenue (IGR) of the State in years to come.”
This was just as he explained that the State’s IGR will grow in excess of N70 billion by 2024, adding that his administration’s conscious investments in boosting the local economy has led to increase in revenue since 2016.
The governor, who disclosed this to journalists in Benin City, said the IGR growth will come from leveraging its comparative advantage and exploring opportunities in technology, culture, manufacturing, and agriculture, among other sectors.
According to him, “Since 2016, our monthly IGR collection has consistently increased as a result of the conscious investments made in boosting our local economy. Our partnerships and popular MOUs have set Edo on the path of financial sustainability.
“Government is now working more efficiently and we are seeing the results of the hard work in terms of revenue increases between 2016 and 2023.
“We have achieved a lot in terms of IGR for the state, and next year, we anticipate that we will get IGR in excess of N70 billion.”
“Projects like the Gelegele Seaport and Enterprise Park, among others will further impact the Internally Generated Revenue of the State in years to come,” he said.
Source: blueprint
