Ogun clears air on controversial IGR figure for 2019 - GREAT ACHIEVER MAGAZINE

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Friday, May 29, 2020

Ogun clears air on controversial IGR figure for 2019


Ogun State government on Friday, cleared the air on the controversial figure for 2019 IGR being bandied around in the media.

According to a press release signed by the Information Officer of the Ogun State Ministry of Finance, Segun Craig: "The attention of the Hon. Commissioner of Finance, Ogun State has been drawn to recently circulated information in the media on the Internally Generated Revenue records of the 36 States of the Federation.

"In the said release, Ogun State was erroneously reported to generate the sum of #70,922,590,495.89 (Seventy billion, nine hundred and twenty-two million, five hundred and ninety thousand, four hundred and ninety five naira, eighty nine kobo only) in the year 2019.

"However, from the audited account of the state for 2019, which was published in some national newspapers, the actual figure of Ogun State Internally Generated Revenue stands at #81,420,131,107.30 (Eighty one
billion, four hundred and twenty million, one hundred and thirty one thousand, one hundred and seven naira, thirty kobo only)".

Great Achiever Magazine reports that the release further added that the State Government, through the office of the Hon. Commissioner of Finance and Chief Economic Adviser to the Governor deems it highly expedient to advise all relevant stakeholders in the financial sector and beyond, and to also call on the reading public to be properly guided.


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