The Ogun House of Assembly Committee on Finance and Appropriation has commended the state Ministry of Finance for surpassing its Internally Generated Revenue (IGR) target for the mid-year performance.
The lawmakers said that the ministry achieved 52 per cent of its revenue target for 2025 by the first half of the year.
Led by the Chairman, House Committee on Finance and Appropriation, Mr Musefiu Lamidi, the lawmakers gave the commendation during the 2025 mid-year budget performance appraisal at the Assembly Complex, Oke-Mosan, Abeokuta.
The chairman and other committee members including Messrs Damilare Bello, Dickson Awolaja, Babatunde Tella, Folawewo Salami and Minority Leader Lukman Adeleye, applauded the Ministry for its laudable performance.
Lamidi urged the management team to sustain the momentum and adopt additional revenue strategies to surpass their annual target.
Also, the lawmakers while acknowledging the state Internal Revenue Service mid- year achievements, tasked the OGIRS to step up efforts to exceed its target for the financial year by December in order to offset the shortfall recorded in the first half of the year.
Earlier in his presentation, the Permanent Secretary, Ministry of Finance, Alhaji Muftau Towolawi, presented a 52 per cent revenue performance for the period under review.
Towolawi, expressed gratitude to the House Committee for the commendation and assured that the ministry would continue to work diligently to improve on its revenue generation.
He added that the ministry would continue to support the actualisation of the state’s development agenda.
On its part, the State Internal Revenue Service (OGIRS), represented by the Director of Finance and Accounts, Mrs Atinuke Okunronmu, presented 80.69 per cent revenue performance.
Okunronmu pledged that the ministry would work diligently to surpass the achievement within the remaining six months.
