Ondo targets 100% Internal generated revenue

Mr. Adebayo Olorunwa Rojugbokan, the Acting Chairman of the Ondo State Internal Revenue Service (ODIRS), has set a target of 120% for the state’s Internal Generated Revenue (IGR). He emphasized the digitalization of the revenue collection process as a key priority to enhance the agency’s revenue generation capabilities.

Rojugbokan’s appointment follows the resignation of the previous chairman, Mr. Tolu Adegbie. He outlined his vision for the agency, highlighting the importance of staff welfare in achieving ODIRS’s goals. Additionally, he plans to improve the business environment in the state to attract more investors, noting that Ondo State has significant untapped investment potential.

Assuming office on August 9, 2024, Rojugbokan aims to broaden the tax base to increase IGR and reduce reliance on federal allocations. His strategy includes promoting entrepreneurial development and engaging the diaspora. He believes that greater financial resources will enhance the state’s infrastructure.

Rojugbokan also intends to improve the state’s database for effective resource deployment. He plans to engage with stakeholders and educate the public to foster understanding and support for government initiatives.

Grateful for his appointment by Governor Lucky Orimisan Aiyedatiwa, Rojugbokan is committed to meeting the IGR target by the end of the fiscal year. He holds a Bachelor’s degree in Geography from the University of Ado Ekiti and a Master’s degree in Accounting with a focus on Sustainability Accounting from Babcock University. His expertise includes Cloud Accounting, Internal Audit, Risk Management, and Corporate Governance compliance.

A Certified Forensic Accountant, Rojugbokan is a Fellow of both the Chartered Institute of Taxation of Nigeria (CITN) and the Institute of Chartered Accountants of Nigeria (ICAN), as well as a member of the Chartered Institute of Bankers of Nigeria. He previously served as Group Head of Internal Control at Sterling Bank from 2014 to 2017 and is the Founder and Managing Partner of Adebayo Rojugbokan & Co (Chartered Accountants).