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Ondo State Internal Revenue Service (ODIRS)

  •  Tax evasion Ondo revenue agency unseals 7 companies after compliance
    Tax evasion: Ondo revenue agency unseals 7 companies after compliance
     Tax evasion Ondo revenue agency unseals 7 companies after compliance
    Tax evasion: Ondo revenue agency unseals 7 companies after compliance
    General news2 weeks ago

    Tax evasion: Ondo revenue agency unseals 7 companies after compliance

    The Ondo State Internal Revenue Service (ODIRS) on Friday unsealed seven business premises that it earlier sealed off over tax liabilities.

    The News Agency of Nigeria reports that in line with a recent court judgment, ODIRS had on Tuesday sealed 18 companies across the state due to default in payment of tax.

    The Deputy Head of Legal Department of ODIRS, Gregory Afuwape, told NAN in Akure after unsealing the companies premises by the agency, that the companies had paid their tax liabilities.

    Afuwape urged companies in the state to always comply and play their tax liabilities so that the state could develop.

    He said the agency would not relent in its efforts to recover all debts owed the state by companies and individuals for the continuous development of the state.

    “We have unsealed seven business premises as at today; they have paid their liabilities.

    “So, therefore, the authorities of the Ondo State Internal Revenue Service ordered that we should go back and unseal the premises for the owners, that’s why we are here.

    “Eighteen business premises were locked, based on court judgement, and the enforcement continues by next week and the exercise is throughout the state.

    “Our message to business premises is that they should come and pay their tax liability, and this is for improvement of the state and not for an individual,” he said.

    Afuwape said the exercise would continue next week, saying that the state was “not being wicked on any companies” but to generate revenue for the development of the state.

    NAN reports that the agency had embarked on revenue drive to recover debts owed by companies operating in the state.


    NewsSourceCredit: NAN

  •  Ondo revenue agency sensitises property owners on Land Use Charge
    Ondo revenue agency sensitises property owners on Land Use Charge
     Ondo revenue agency sensitises property owners on Land Use Charge
    Ondo revenue agency sensitises property owners on Land Use Charge
    General news2 weeks ago

    Ondo revenue agency sensitises property owners on Land Use Charge

    The Ondo State Internal Revenue Service (ODIRS) has embarked on road show in Ondo West Local Government Area to sensitise property owners towards increasing the level of compliance to Land Use Charge in the state.

    The ODIRS Head of Department of Land Use Charge, Mr Fidelis Fadugbagbe, told newsmen in Ondo town on Monday that although the compliance level in the area was encouraging, the road show was aimed at making it better.

    He noted that most of the commercial property owners in the area had paid, appealing to residential building owners to also comply.

    He said that the present administration in the state had stopped multiple charges on property and made Land Use Charge payment convenient for the people.

    “People will pay tenement rate, land use and other charges, but the government says that multiple taxation should stop and direct that it should be collected together and later shared based on agreed percentage between the state and the 18 local governments.

    “Now, once you pay Land Use Charge, it covers both tenement rate, land use and other taxes,” he said Fadugbagbe appealed to property owners to pay their Land Use Charge, saying, “it will bring rapid development to their area, aside what the government will do, ODIRS as a collection agency will also encourage them with community impact project.

    “The project may be street light, grading of roads or borehole; project within our budget because we are not a contract awarding agency, but we will take it upon ourselves to encourage any community that comply with the payment of their Land Use Charge.

    “We will invite the community that are paying and ask them what can we do for them within our budget just to encourage them to be consistent in the payment,” he said Earlier, the ODIRS Station Manager in the local government, Mr Samuel Awosusi, urged property owners to comply with the payment of their Land Use Charge.

    Awosusi said the bill payable are from N1,000 to N10,000, adding that people living in the low value zones will pay N1,000, while N3,000 to N5,000 for medium value zones and N7,000 to N10,000 for people living in high value zones.

    He said the payment was for landlords and not for tenants.

    The News Agency of Nigeria reports that the road show took off from Ife Garage to Velentino, Funmbi Fagun, Sabo, Adeyemi, Oka, Odosida, Ugele Maroko, uparuku, Barracks Road, Udishin, Yaba and ended at Akure Garage.


    NewsSourceCredit: NAN

  •  Ondo govt sensitises banks stakeholders on gains of Certificate of Occupancy
    Ondo govt sensitises banks, stakeholders on gains of Certificate of Occupancy
     Ondo govt sensitises banks stakeholders on gains of Certificate of Occupancy
    Ondo govt sensitises banks, stakeholders on gains of Certificate of Occupancy
    General news3 months ago

    Ondo govt sensitises banks, stakeholders on gains of Certificate of Occupancy

    Ondo State Government on Tuesday sensitised banks and stakeholders on the gains of getting Certificate of Occupancy (C of O) on property in the state.The State Commissioner for Finance, Mr Wale Akinterinwa, at the sensitisation programme in Akure, said the idea of Home Ownership Charter of Ondo State (HOCOS) was to unleash some economic benefits on the state.Akinterinwa said that if the partnership worked properly, it would also provide opportunities for people to access loans and improve their lives.“People have assests they want to grow, but they don’t know how to go about it but today, people can have access to C of O within a record time.“It is not for the state government to make money, but to let the people prosper, and to improve the economic well being of the people of the state, by helping them to use what they have to improve on what they are doing.“That is why we have asked for your hands in partnership, to carry you along and let you see how things works and how we can all benefit from it. Let us work together to improve the lives of our people,” he said.Also, Commissioner for Lands and Infrastructure, Engr. Raimi Aminu, stated that HOCOS was to ease the suffering of the people of the state.Aminu added that in the past, the process of having a C of O in the state took years, but since the inception of the administration of Gov. Oluwarotimi Akeredolu, it had improved.Aminu said that C of O was now automated, while it takes 40 days for the processing and delivery, and banks could verify the genuinity of the documents from the comfort of their office.Similarly, Mr Alex Alake, Permanent Secretary, Ministry of Lands and Infrastructure, said the essence of the gathering was to further enlighten the populace on what the goverment had put in place to make life easy for the citizens.“To let the people know that obtaining consent to mortgage is as fast as possible.According to Alake, the deed of legal mortgage is a document that contains an agreement by which a financial institution lends money at interest in exchange for taking title of the debtor’s property with condition that the registered document becomes void upon the payment of debt and pledges.“The processing of legal mortgage in Ondo State is in two pages, which are: processing of governor’s consent and registration of deed of legal mortgage,” he explained.Speaking, Mr Tolu Adegbie, Chairman, Ondo State Internal Revenue Service, (ODIRS), stated that the revenue service was the public relations aspect of the HOCOS project.Adegbie said that the service handled the contact center, all emails, tracking, tracing of applications, supply forms, and issued receipts after the payment was made to the government’s account.(NAN)

  •  Ondo IGR now N2 2 bn monthly Akeredolu
    Ondo IGR now N2.2 bn monthly- Akeredolu
     Ondo IGR now N2 2 bn monthly Akeredolu
    Ondo IGR now N2.2 bn monthly- Akeredolu
    General news3 years ago

    Ondo IGR now N2.2 bn monthly- Akeredolu

    Gov. Oluwarotimi Akeredolu of Ondo State on Monday announced an increase in the Internally Generated Revenue (IGR) of the state from N750 million to N2.2 billion monthly since the inception of his administration.

    Akeredolu disclosed this in Akure during the induction of the second batch of 171 new employees of the Ondo State Internal Revenue Service (ODIRS)

    He explained that the revenue was hovering between N650 and N700 million, adding that it had grown to about N1.5 billion by 2018

    “By 2019, our average monthly revenue grew to N1.75 billion. This year, we have generated N2.2 billion for January,” he said.

    The governor also advised the new staff to be competent revenue employees while working together as a team to further raise the IGR.

    “Be contented with your work, you will be well renumerated. You must bring character into this service,” he said.

    Earlier, the Chairman of ODIRS, Mr Tolu Adegbie, had commended the governor for his drive in the growth of IGR in the state.

    He said that the governor, in his passion, was always present in the monthly performance review on IGR.

    Adegbie further said the first batch of 241 new employees in 2019 had greatly improved the IGR while the impact would be felt with an increase later year in the year.

    (
    Edited By: Muftau Adediran/Mufutau Ojo)

  •  Gov Akeredolu signs N187 8bn budget for 2020
    Gov. Akeredolu signs N187.8bn budget for 2020
     Gov Akeredolu signs N187 8bn budget for 2020
    Gov. Akeredolu signs N187.8bn budget for 2020
    General news3 years ago

    Gov. Akeredolu signs N187.8bn budget for 2020

    Gov. Oluwarotimi Akeredolu of Ondo State on Tuesday said the 2020 Appropriation Bill termed ‘Budget of Growth’ which was signed into law, provided for aggregate expenditure of N187.8 billion.

    Akeredolu made this known in Akure during the signing of the 2020 Appropriation Bill into law.

    He explained that the amount was divided into N10.50 billion representing 5.6 per cent for debt servicing; N14.18 billion representing 7.6 per cent as statutory transfers to Ondo State Oil Producing Area Development Commission (OSOPADEC) and Ondo State Internal Revenue Service (ODIRS).

    “The share of Independent Revenue to Joint Account and Allocation Committee (JAAC) of Local Governments in the state represented 10 per cent.

    “Also the sums of N82.70 billion and N80.470 billion representing 44.1 per cent and 42.7 per cent are for recurrent expenditure and capital development respectively,” he said.

    The governor also said that one of the key challenges to budget implementation was unavailability and inadequacy of required funds.

    “This is as a result of the recurring dwindling Ondo State’s share of the Federation Account.

    “This is occasioned by a fall in oil revenue which incidentally, and regrettably too, provides over 80 per cent of the country’s revenue receipts,” Akeredolu said.

    According to him, the Independent Revenue, even though has increased substantially since the inception of our administration, has not grown to the level of delivering the state from depending on federal transfers.

    “We have to assure you that we have designed many ingenious and innocuous ways of bringing in more prospective payers into the tax net,” he said.

    Earlier, Bamidele Oleyelogun, Speaker, Ondo State House of Assembly, appreciated the efforts of the lawmakers in the passage of the budget.

    He said more than 30 bills had been passed and numerous oversight functions carried out in the last six months.

    Oleyelogun described the 9th Assembly as hardworking and intelligent.

    Edited by: Olabisi Akinbode/Adeleye Ajayi
    (NAN)