Home News We’ve Increased Oyo’s IGR By N15bn In 2 Years, Says Makinde

We’ve Increased Oyo’s IGR By N15bn In 2 Years, Says Makinde


Oyo State Governor, Seyi Makinde, declared at the weekend that his government has, in its first two years, increased the state’s Internally Generated Revenue (IGR) by close to N15billion without increasing taxes.

The governor, who stated this on Saturday evening at the 41st Omo Aj’orosun Day Celebration, in Ibadan, also took time out to educate his main challenger in the 2019 election, Mr. Bayo Adelabu, and opposition elements on the essence of the Alternative Project Funding Approach(APFA) of his administration.

He stated that the Approach has helped the state in bridging its infrastructure deficit, while also helping to expand the economy and increase the state’s IGR.

The governor’s words came few hours after Adelabu, the governorship candidate of the All Progressives Congress (APC) in the 2019 election, stated that the state has only increased its IGR by N300 million monthly since Makinde assumed office.

The governor said: “Within the first two years, we increased the IGR by close to N15b. We did it without raising taxes. We did it just by appealing and bringing more people into the tax net.

“The motorcycle operators were paying N200 before we got into government and we reduced it to N100.”

He recalled that the National Bureau of Statistics (NBS) had in its 2020 report indicated that the state’s IGR witnessed a 42 per cent growth, a growth which the governor explained, was achieved by bringing in more people into the tax net rather than raising taxes.

Governor Makinde, who felicitated members of the Aj’orosun Club, promised to donate a bus to the club on Monday,  and also called on residents of the state to support the government’s efforts on security.

The governor warned against politicising the security challenges in the state, stating that instead of criticising without suggesting solutions as some are wont to do, everyone has to contribute in making the state safer.

He said: “On the issue of insecurity they are politicizing, there is available data. There is common sense too on some of these things. But all of us have to contribute in one way or the other. I want to beg you: Support us on the security architecture we have put out there.

“The arm-chair critics would just keep ranting and if you ask them to proffer a solution, they lack it.

“All of us must contribute, especially in the aspect of voluntary policing. The vigilantes, the Mogajis, our traditional institutions should come with us.

“I told someone that I cannot imagine Oyo State without Amotekun and it did not exist before we got into government.

“Before I got into government, security agencies could not effectively communicate security information between Ibadan and Ogbomoso.

“But we have strengthened the architecture we met when we came in. We have spent more than a quarter of N1billion to put in place security communication equipment throughout Oyo State.

“Now, we are asking the banks that we want to integrate the CCTVs they have installed into our own security control centre.

“You installed this government and we are accountable to you. So, if you see something, say something to us,” Makinde said.

He also stated that he took time to listen to an interview by Adelabu on Fresh FM, with the intention of picking valuable points, but expressed disappointment that the former CBN Deputy Governor’s criticisms were misguided.

He said that the politician’s takes on the APFA and the resolution of the agelong ownership crisis on the Ladoke Akintola University of Technology, Ogbomoso were flawed.

“This morning, I intentionally listened to the interview of my brother, Mr. Bayo Adelabu, on Fresh FM.

“So, I listened to Adelabu to know if there is anything I could pick from his argument. One of the things he criticized was our adoption of the Alternative Project Funding Approach (APFA) instead of Build, Operate and Transfer.

“I stand before you today to ask and challenge them to tell us the project they have done successfully under the Build, Operate and Transfer model in Oyo State, even at the federal level. So, for us, we thoroughly studied a lot of things before we concluded on APFA,” he said



Like and Share this:


Please enter your comment!
Please enter your name here