Osun Set to Recoup N30bn Tax Debt, Appoints New Acting Chairman for OIRS

Fri, Apr 21, 2017 | By publisher


Business


THE Osun State government in a bold move to increase its internally generated revenue and recoup over N30bn tax owed by several organisations, has streamlined the Osun Internal Revenue Service, OIRS, with the reformation of the organisational structure for optimum performance.

The OIRS had in the past few months deployed innovative solutions in its tax collection process through the leadership of Oludayo Oyebamiji, a seasoned tax administrator.

However, following the recent resignation of Oyebamiji from the service, the state government has appointed Bicci Alli, a tax consultant, as acting head of OIRS.

Alli, who holds qualifications in Business Administration, Accounting and Taxation is a fellow of both the Institute of Chartered Accountants of Nigeria, ICAN, and Chartered institute of Taxation of Nigeria, CITN.

Alli formerly of the Lagos State Internal Revenue Service, LIRS; successfully managed assigned revenue generating units and directorates within the service, contributing enormously to the monumental growth in Lagos State tax payers’ base, with the service netting an average of N20bn monthly IGR for the state.

In October 2015, Alli was invited by the Governor Abiola Ajimobi of Oyo State to head a management team with the mandate to run OYBIR on day to day basis, and at the same time draw up and implement reform programmes for OYBIR aimed at making the Board fully autonomous.

Within a short period of 14months, Alli led management team, blocked revenue leakages, brought thousands in the informal sector to the tax net, stopped reversal window in revenue collecting banks and increased Oyo’s IGR by over 1000 percent.

Alli has presented more than 50 papers on various aspects of Tax Policies, Laws and Administration at different fora, locally and internationally. He’s tasked with the assignment of radically increasing the state IGR.

— May 1, 2017 @ 01:00 GMT


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