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Ugwuanyi Reconstitutes New Revenue Board

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Governor Ifeanyi Ugwuanyi of Enugu State Monday inaugurated the

newly reconstituted State Board of Internal Revenue and charged the

members to come up with new and effective strategies aimed at beefing

up the State's revenue base in view of the present daunting economic

challenges in the country.
Lagos-based banker and luxury real estate operator, Mr. Chukwuemeka

Anthony Odo, who is the chairman of Bluewaters Capital is the chairman

of the Enugu revenue board and pledged on behalf of other members of

the new board to work diligently operate a leak-proof revenue

generation system for the state shore up its economy.

While inaugurating the board at the Government House, Enugu yesterday,

Governor Ugwuanyi explained that the charge on the members to work

hard on their assignment has become necessary in the face of the

severe economic depression that is threatening the solvency of

government at all levels.
He noted that how well the new board plays its role was crucial to

the economic wellbeing of the State government and by extension that

of the people of Enugu Sate.
He observed that with the receipts from the federation account

dwindling rapidly, most State governments have become increasingly

dependent on internally generated revenue to fund their activities and

service their obligations.
“ Government as a result of the current economic condition, is

struggling to meet its financial commitments to pay salaries, fund

development activities, ensure social services and maintain security,

among others”, the governor stated.
Governor Ugwuanyi pointed out that he had earlier envisaged this

situation when he warned in his inaugural speech that revenue

generation agencies should be ready to intensify efforts to generate

more revenues to fund government's developments efforts.

He equally charged members of the board to ensure that all revenues

accruable to government are fully collected and all avenues of

leakages are effectively checked. The governor then called on

individuals and corporate bodies not to fail in their obligations to

pay their taxes.
He promised that every kobo that accrues to government will be fully

utilized transparently and in a manner that will transform the life of

every citizen of Enugu State.
On his part, Odo, a former executive director of the defunct

Intercontinental Bank Plc, stated that their appointment came at a

time when the crashed oil price has affected the economic fortunes of

the country negatively, and assured that they will explore and exploit

all sources of internally generated revenue to ensure that government

meets its obligations to the people.
According to Mr Odo, members of the Board will ensure that all taxable

persons in the State are given the opportunity to perform their civic

obligations, while equally exploiting technology to block leakages so

that all government revenues be fully collected.
Other members of the board include Mr Chucks Onodugo member

representing Enugu Westsenatorial zone, Mr Jude Sunday Egbo,

representing Enugu East zone, Barr Joseph Onuoha, representing Enugu

North senatorial zone, and Mrs Chinasa Perpetuul Awkadigwe, a lawyer

who would serve as secretary to the board.
The post Ugwuanyi Reconstitutes New Revenue Board appeared first on Pointblank News .