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Ekiti Monthly IGR Hits N1 bn

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The National Coordinator, Nigeria Governors‘ Forum (NGF) State Peer Review Mechanism (SPRM), Dr Afeikhena Jerome said Ekiti Government had raised its Internally-Generated Revenue (IGR) from N106 million monthly in 2010 to N1 billion monthly in 2012.

He made this known in an interview in Abuja.

Jerome was speaking on the findings of the NGF SPRM in Ekiti, which was one of the states that supported the take-off of the SPRM process, the other being Anambra.

He said Ekiti achieved the feat by blocking leakages in revenue collection and making tax payments affordable and convenient for the people in the informal sector.

“This finding is commendable and indicative of the potential for increasing the state’s IGR further and should be emulated by all states of the federation,’’ Jerome said.

He advised Ekiti government not to rest on its oars as a lot still needed to be done to reduce the state’s high dependence on federal allocation.

Jerome urged the state government to implement the unique national tax identification number and to examine the possibility of widening its tax base to further boost its IGR.

He commended Gov. Kayode Fayemi for his commitment to transparency and accountability in governance and the House of Assembly for passing into law “bills that will enhance public accountability’’.

According to Jerome, Ekiti is the first state in the federation to enact a state version of the Freedom of Information Act with the passage of the Ekiti State Freedom of Information Law No. 10 of  2011.

This, he said, would further ensure transparency, accountability and good governance in the state.

He also lauded the state government for domesticating the Fiscal Responsibility Law and for ensuring that the law included most of the main ingredients of fiscal responsibility.

He, however, advised the government to enhance its current efforts at fiscal planning by ensuring the existence of adequate professional capacity in the state’s Ministry of Budget and Economic Planning.

Jerome urged the government to strengthen the state’s Bureau of Public Procurement (BPP), and provide it with professional staff and freedom to operate and ensure greater use of open competitive bidding in procurement activities.

The national coordinator commended the state’s Social Security Scheme for the Elderly, saying the state was a “pace setter’’ in the introduction of social security policy in the country.

The Ekiti State Senior Citizen‘s Welfare Law, according to Jerome, authorises the provision of assistance to resident elderly people in areas of health care and payment of grants.

He said more than 20,000 elderly citizens had been enrolled as beneficiaries since the scheme was introduced and commended the state governor for ensuring popular participation in the state’s policy making processes.

He noted that the law made the people to become owners of state policies, having contributed to such policies, pointing out that the state government was relatively doing well in agriculture, education, environment and other sectors.

Jerome, however, said that the functionality of the state’s Primary Health Centres (PHCs) was uneven.

“The health sector in Ekiti is not lacking in strategies and public health policies that could engender good health for the people if assiduously adhered to.’’

According to him, the maternal and child health programme is available only in 34 of the 293 PHCs spread across the three senatorial districts of the state “which should be corrected without delay’’.

“The state has 20 general hospitals and two tertiary health institutions,’’ he said.

Meanwhile, reports say that DFID-State Partnership for Accountability and Capacity is partnering the NGF to drive the SPRM process, aimed at ensuring development in the states.

The process involves the sharing of useful experiences from other governments and the international community, and assessing each state’s strength, weaknesses and opportunities.

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FG Approves 4 New Channel Management Firms For Seaports

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The Federal Executive Council (FEC) has approved four new channel management companies for seaports across the country in a move aimed at improving vessel navigation and port operations.
Speaking at the recently concluded Annual General Meeting of the Nigerian Association of Master Mariners (NAMM), former General Manager, Marine and Operations, Capt. Ebubeogu Ihenacho, disclosed that there would be changes in the ownership of the Lagos Channel Management Company Limited and the Bonny Channel Management Company.
According to Ihenacho, the four channels serving Nigeria’s major port clusters will have different channel management companies as approved by the FEC.
He said a new company had been approved to manage the Lagos port channel, with a change of name, while the Calabar Channel would be managed by the Calabar Channel Management Company.
He added that Bonny Channel Management Company had also undergone a change of ownership.
On the Warri Channel, Ihenacho said the Federal Government had approved China Harbour Engineering Company (CHEC) and two other companies to form a consortium to manage the Escravos Channel.
He said: “For Warri, it was approved for China Harbour Engineering Company, CHEC, and two other companies, who would now form a consortium.
That consortium will now form a Special Purpose Vehicle (SPV) with the Nigerian Ports Authority to manage the Escravos Channel.”
Recall that the management of the NPA had declined to renew the concessions of the Lagos Channel Management Company Limited and the Bonny Channel Management Company, opting instead for six-month extensions of the existing arrangements.
By; Enoch Epelle
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RIRS Warns Against Unauthorised Tax Collection

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The Rivers State Internal Revenue Service (RIRS) has warned motorists, transport operators and business owners against paying taxes, levies or charges to Unauthorised persons and organisations, insisting that only the Service and its duly appointed agents are legally empowered to collect taxes on behalf of the state government.
The Service gave the warning in a public notice dated October 21, 2026, signed by its Executive Chairman, Sir Israel O. Egbunefu, FCTI, in which it clarified that the Rivers State Ministry of Transport was not authorised by the state government to collect road tax or any other tax, levy or charge from motorists and transport operators.
RIRS also specifically disowned Explore Strategic Alliance Ltd, located at No. 7 Rumuodaolu Market Road, Port Harcourt, declaring the company had not been appointed or authorised by either the state government or the Service to collect Motor Vehicle Transport (MOT) tickets or any other tax on its behalf.
The revenue agency consequently cautioned members of the public against making payments to the company or any of its staff, stressing that anyone who ignored the warning would do so at their own risk.
It reaffirmed that only the legally authorised agency responsible for tax collection in Rivers State and the appointed agents that would carry out such duties in accordance with the law.
The Service urged taxpayers to demand official identification from anyone claiming to be its tax agent and verify the person’s credentials directly with RIRS before making payments.
It further warned that individuals or groups found impersonating tax consultants, agents or their representatives to collect Unauthorised taxes would be arrested and prosecuted in accordance with the law.
RIRS also called on members of the public to report suspicious persons and activities relating to Unauthorised tax collection to the Service for appropriate action.
The agency advised taxpayers seeking clarification or assistance to visit any of its offices or contact it through its official email address, info@riversbirs.gov.ng.
The Service reiterated its commitment to protecting taxpayers, promoting voluntary compliance and safeguarding the integrity of tax administration in Rivers State.
By: King Onunwor
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Bayelsa consumers Groan  Over Inflation As Traders Remain Helpless Over Low Patronage 

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Consumers and traders at the Swali ultramodern market in Yenagoa, capital of Bayelsa State have continued to groan over high prices of commodities and poor Patronage due to cost-push inflation.
The Tide reports that in the past weeks prices of goods and services in Yenagoa metropolis has experienced increase.
Notable services like transportation have also increased  lately due to increase in the pump price of fuel that has recently further exacerbated inflation in the prices of staple foods like rice, beans, garri and others.
Speaking with The Tide on a market survey, a trader, Mrs Tovie Barakabo said a bag of bean which sold between N120,000-N130, 000 now goes for N140,000-N145,000.
Mrs Barakabo also hinted that the only commodities whose price has not gone up was price of millet which sells N60,000, while big bag of garri now sells for N30,000.
The Tide further gathered from other inside Source that 25 litres of Kings cooking oil currently sells N75,000 as against the former price of N57,000.
Other commodities such as delicious vegetable oil  now goes for N68,000, Pure vegetable oil currently goes for N66, 000, while spaghetti is now N18,800 per bag.
The market survey also discovered that Sonnia tomato mix sells N75,609, while a big and small basket of fresh tomatoes are sold for N30,000 and N6,500 respectively.
A disappointed custom, Mrs Juliet Domo who fielded questions from The Tide expressed her worries over the inflation, calling on government to take decisive stands against inflation.
By: Ariwera Ibibo-Howells, Yenagoa
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