Professor Muritala Awodun, who currently served the Kwara state government, as the Executive chairman of Kwara State Internal Revenue Service, is likely to return to academics, precisely in September, when his tenure will be expired.
Prof. Awodun made this known at the quarterly media interactive session. According to him; “My tenure expires this September and I’m quitting the office. For the purpose of clarification, even if the incoming administration offers to renew the appointment, I won’t take it. I’m going back to the classroom,” the Prof reaffirmed his stance.
The Professor said that the agency under his watch has generated over N2.16 billion in January, and N1.76 billion in February as well as, N2.38 billion in March 2019.
The Prof, who said the revenue agency was yet to actually hits its target of generating an annual N60 billion revenue of N5 billion monthly, however, maintained that “the service has been developed to a point that it would not make less than an average of N2 billion every month.”
Awodun said the agency, which started with about N17.2 billion annual revenue generation in 2016, and also N19.6 billion in 2017 did generate N23.1 billion last year.
He said that inauguration of the agency in 2016 had actually prevented abandoned projects in the state with a monthly contribution of over N500million into the state infrastructure fund for the purpose of completion and initiation of new infrastructural projects in the state.
The Professor said that the state government had augmented monthly federal allocation with proceeds of the revenue for the agency to pay workers salary. He also added that the measure was made possible via ingenious financial engineering of the agency.
Speaking on the delay in completion of ongoing underpass project in the Ilorin metropolis, Prof Awodun explained that the delay was as a result of some sort of complications that were not in view, which was not initially factored in the project, as well as, 2019 electioneering activities
Source: vanguardngr.comIMPORTANT!: Follow us on Instagram @InfoGuideNigeria