Imo IRS Warns Against Illegal Revenue Collection

Imo IRS Warns Against Illegal Revenue Collection

Ikenna Orioha

Imo State Internal Revenue Service (IIRS) formerly Board of Internal Revenue has warned against illegal revenue collection and touting in the State.

The Parastatal warned those who indulge in illegal revenue collection in the State to desist or face severe sanction by authority.

The warning against illegal revenue collection was given by Chairman, Imo State Internal Revenue Service, Prince Emma Ononaku, while having audience with some journalists, at his Office, in Owerri, on Tuesday, who called to find out whether the Parastatal was aware of illegal revenue collectors who operate in the State wearing apron with IIRS inscription.

Ononaku, who emphasized that the Parastal does not tolerate fake or illegal revenue collectors, said only Imo State Revenue Service is authorized by law to collect revenue, as well as remit same to the coffers of the State Government.

Ononaku disclosed that the Informal Sector is legally contracted out to registered contractors who the Parastatal monitors to ensure efficiency and thorough remittance of revenue collected to the purse of government to improve development and make life more valuable and pleasing to the people.

ALSO READ---  Nwachukwu Defines Governor Uzodimma as Human Development Oriented

He maintained that contractors who are contracted to collect revenue for

the State are also given terms of reference and charged to be truthful in the discharge of their assigned duty to assist the government to do the needful, remarking that there are many contractors who have been given contracts in the Informal Sector who are doing greatly and reporting to Revenue office for onward remittance of revenue to government.

Ononaku, who said his exceptional performance in the IIRS earned him accolades and promotions, expressed gratitude to the Governor, Hope Uzodimma, for finding him worthy and qualified to have re-appointed him as Chairman, Imo State Internal Revenue Service which he said is doing well under his watch.

Ononaku added that he has increased Imo State IGR to the tune of #1.1billion, stating by “June, 2020, the IGR may be increased to #1.5billion, beating the amount generated by his predecessors throughout the democratic history of the Parastatal”.

While stressing that eligible tax payers are people who have rich and genuine income according to the law, Ononaku urged those entrusted with the duty of collecting revenue for the State to do so with human face to ensure peace and orderliness in the State.

ALSO READ---  Know How Best to Use Your Phone Against Coronavirus (Video)

©️News Corner.

About author

You might also like

Business

World First Transparent Car Unveiled!!!

Just as change has ever remain constant and technology innovations keep elvoving, a car company in Germany has presented to the World the first transparent car from ZF company, equipped

Business

Central Bank Pegs Lending Rate Unchanged At 16 Percent

Angola’s Apex bank kept its benchmark lending rate unchanged at 16 per cent following a policy meeting on July 31, the regulator said in a statement on Wednesday. The Bank

Business

Fuel Pump Price: DPR Seals More Fuel Stations In Imo

The Department of Petroleum Resources (DPR) in Imo state has continued its raid on independent petroleum marketers who sell fuel above the government approved price of 145 naira per litre.

News

Ad Discrimination: Facebook Settles With Rights Group

The leading social network said housing, employment or credit ads will no longer be allowed to target by age, gender or zip code — a practice critics argued had led

Business

CBN Records N3.17tn Deposits from 11 Commercial Banks in 9 Months

The Central Bank of Nigeria has recorded N3.17tn deposits from 11 commercial banks in nine months between January and September 2019. This is according to Data obtained from the financial

Business

Value of Naira rises as CBN injects $418 million into forex market

The Central Bank of Nigeria, CBN’s has injected  $418 million into various segments of the inter-bank Foreign Exchange market, this injection has increased the value of the Naira. This is

0 Comments

No Comments Yet!

You can be first to comment this post!

Leave a Reply

Leave a Reply, We want to hear from You...