Lagos State Government on Wednesday denied allegation that Internally Generated Revenue, IGR, had dropped from previous N23bn to N7bn due to poor economic strategies of the present administration.
Governor Akinwunmi Ambode’s administration has come under criticism by residents as well as the opposition, over the state of traffic, robbery incidents and economic downturn in the state.
Reports say information about the dwindling revenue came to the fore when the new Chairman of the state Internal Revenue Service, LIRS, Mr. Olufolarin Ogunsanwo met with his staff at the Central Business District, CBD, Ikeja on Tuesday.
Ogunsanwo also allegedly lamented that the 1,200 audit staff were not effective, threatening to cut current staff strength to 500.
Reacting, Ogunsanwo, who declined to the current figure, told journalists on telephone that contrary to the claim of decrease, the IGR was on the increase.
His words: “At the meeting, we did not discuss anything like IGR. The meeting was not even held at CBD. We did not mention such thing at the meeting.
“There was no time that we mentioned such. There was never revenue drop. Everything about our IGR is intact by the special grace of God.
“The only thing I can tell you was that as at this time last month, what we have collected now is far higher than what we collected in the past months.”
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