Akeredolu urges residents to pay taxes for development

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Ondo State Governor, Mr. Rotimi Akeredolu has appealed to residents of the state to cooperate with the government and pay their taxes as they go.

Akeredolu said paying taxes would enable the government to deliver more democracy dividends to the people, saying it was imperative for them to support government initiatives through paying taxes.

Speaking through the State Economic Planning and Budget Commissioner, Mr. Emmanuel Igbasan, on Monday during the approved state budget analysis for 2022 in Akure, the state capital, the governor said the people would have the moral justification to ask the government questions. if they pay their taxes.

He said: “Let me reiterate that anyone living and earning an income or having a significant economic presence in the state should pay their taxes as they go.

“By doing so, we will have the moral right and justification to take advantage of the public facilities provided by the government and to hold our leaders to account.”

Akeredolu lamented that the global crises have significantly affected the state, adding that the poor performance of the oil sector and the outbreak of the COVID-19 pandemic in 2020 had a direct negative impact on the economy and revenue inflows. towards the state and the nation as a whole.

According to him, the budget, dubbed “Economic Reengineering Budget”, has well-defined political orientations and priorities within the medium-term expenditure framework and the second plan, dubbed “REDEEMED Agenda”.

He said that the competing needs of the population were programmed and prioritized in accordance with the medium-term sector strategy.

He hopes there will be a significant improvement in freelance revenue generation.

“While the coronavirus pandemic may not be killing as many people in Africa as it is elsewhere, the biggest challenge we all face is the resulting economic impact,” he said. .

Akeredolu said that the 2022 budget would be funded from the main sources, namely the federation account (57.84 billion naira), independent revenue (30.9 billion naira) and other sources (110.4 billion). billion naira).

He said revenue of N110.9 billion from other sources would come from “Cash Reserve, FAAC Special Allocations, Surplus Crude, Short Term/Domestic Borrowing, Long Borrowing term, subsidies and health insurance contributions”.

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