June 25, 2021

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Imo IRS signs MoU on revenue harmonisation with 27 LGAs

Imo Internal Revenue Service (IIRS) signs Memorandum of Understanding (MoU) on revenue harmonisation with 27 Local Government Areas (LGAs) of the state.

By Victor Nwachukwu

The Imo Internal Revenue Service (IIRS) has signed a Memorandum of Understanding (MoU) on revenue harmonisation with the 27 Local Government Areas (LGAs) of the state.

A statement issued on Wednesday in Owerri by the Head of Corporate Communications, IIRS, Mr Emma Alozie, stated that the MoU was signed on Tuesday between the Chairman of the revenue service, Mr Justice Okoye, and the council chairmen.

Alozie stated that the event was presided over by the Special Adviser to the Governor on Bureau of Local Governments, Mrs Rubby Emele.

According to the statement, Emele said the MoU was designed to help boost the internally generated revenue (IGR) of the state.

“It is important for us to partner to increase the IGR. The dwindling revenue caused by the global pandemic has made this synergy very important,” she said.

The statement also quoted the Commissioner for Finance, Mr Chuck Chukwuemeka, to have underscored the need for the harmonisation of revenue collection to ensure a seamless exercise in the state.

He was said to have thanked the council chairmen for their cooperation and signing the MoU in good time, describing the synergy as a “win-win” for all.

The Commissioner for Commerce and Industry, Mr Simon Ebegbulem, reportedly said the MoU would calm frayed nerves and restore confidence in revenue collection in the state.

Also, the statement quoted the IIRS chairman to have thanked those who worked to ensure the successful signing of the MoU.

He reportedly pleaded with the chairmen to assist the state government to also drive its implementation.

The state Chairman of the Association of Local Governments of Nigeria and chairman of Imo West, Mr Willie Okolie-Ogwo, was said to have lauded IIRS for the initiative.

He reportedly said the new arrangement would help to shift the burden of revenue collection from the councils to the state.

According to the statement, Okolie-Ogwo opined that with the support of the LGAs, revenue mobilisation in Imo would attain a milestone. (NAN)

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