• We Are Strategically Positioned to Boost IGR – Otu – Independent Newspaper Nigeria

    We are strategically positioned to boost igr otu independent newspaper nigeria - nigeria newspapers online
    • 2Minutes – Read
    • 350Words (Approximately)

    Governor Bassey Edet Otu has reiterated the need for the newly inaugurated members of the Cross River Board of Internal Revenue Service (CRBIRS) to position themselves professionally to increase the state’s internally generated revenue (IGR).

    Speaking on behalf of the Governor at the opening of a two-day induction workshop for the State’s Internal Revenue Board members at Monty Suites, Calabar, Deputy Governor H.E, Rt. Peter Odey emphasized the government’s commitment to supporting the board’s efforts in driving revenue growth.

    He pointed out that tax evasion is predominantly practiced by the upper echelons of society.

    “My presence here underscores the level of trust and support this government has for the board. We envision a state that works for all its people. We are working tirelessly to create opportunities, and to do more, we need our citizens to pay their taxes promptly.”; Otu stated.

    The Executive Chairman of the CRSIRS, Mr. Edwin Okon, stressed the importance of equipping board members with the right knowledge to manage the tax system effectively.

    Advertisement

    He noted that the workshop was crucial for ensuring members are well-prepared for the challenges ahead.

    Facilitator Barr. Chukwuemeka Eze, in his presentation on Tax Dispute Resolution: Administration and Judiciary Perspectives, emphasized the need to demystify taxation, making it accessible and understandable for all. He also urged board members to avoid political interference, stating, “The board’s work is professional. If we want results, we must engage competent individuals and steer clear of political decisions, which should be left to the executive.”

    Dr. Esien Ukorebi, speaking on Fiscal Policy and Tax Reforms in Nigeria, highlighted the importance of clear policy communication to ensure successful tax collection, while Dr. Eyo Itam, in his presentation on Digital Economy: The Future of the Tax Profession, urged the board to explore technology-driven strategies to enhance tax generation. He emphasized that as the world rapidly evolves, the board must be proactive in leveraging new avenues for revenue collection.

    The workshop marks a significant step in the state’s drive to boost its IGR through innovation, professionalism, and efficient tax collection processes.

    See More Stories Like This