Ondo generates N30.8bn in 2021

the Ondo State Internal Revenue Service (ODIRS) said on Thursday that it generated N30.8 billion in the year 2021. The Executive Chairman of the Service, Tolu Adegbie, said this in Akure on Thursday when students of the Tax Club of the Department of Private and Property Law of Elizade University, Ilara -Mokin, Ondo, paid you a visit on an excursion. According to Mr. Adegbie, the service generated N10.9 billion in 2017, while it generated N24.7 billion in 2018. The president said that in 2019, the agency generated N30.1 billion and only had a reduction in 2020 due to the global COVID-19 pandemic, but still made N24.8 billion. Adegbie said that the revenue service had over the years upgraded the old ways of generating revenue to a digital way with more efficiency and ease. The president said that N200 million people were generated who stayed in the government forest reserve in the year 2021. He noted that when the Revenue House was to be built, the agency generated N6 billion outside of normal revenue to build a standard Revenue House. Mr. Adegbie noted that one area that had been underutilized was the area of ​​revenue law where the future of revenue generation lay. He said the service had an efficient system with a developed Information and Communication Technology (ICT) capacity, a functional legal department and young staff to drive the dream of the service. “Two weeks ago we closed three hotels and two event centers for not paying the consumption tax. Everybody was calling up and down and I said no. “We got warrants and the bailiff put them away. “So what you’re doing is very important when it comes to taxes. It is the foundation of what we do here,” he said. ALSO READ: Anambra ministry generates N1.3 billion in 10 months – Official The Head of the Department of Public and International Law, Joseph Aremo, pointed out that the members of the Tax Club were final year students who dreamed of being tax consultants. Mr. Aremo thanked the service leadership for managing the Revenue House in a highly professional manner. A professor from the Department of Public and International Law, Anthonia Oloko, said that the excursion was important for the students to learn the practical aspect of taxation. A student of Private and Property Law, Elizade University, Olalere Popoola, said the field trip had opened their eyes and enhanced their knowledge of what they had learned in the class. The Nigerian News Agency (NAN) reports that the students then visited the Federal Internal Revenue Service (FIRS). (YAYA) Read More Related News Here Let here it in the comment below if you do have an opinion on this; Ondo generates N30.8bn in 2021