Oyo begins aggressive tax drive on private buildings
The Oyo State government has initiated an aggressive revenue generation drive to shore up its dwindling internally generated revenue.
To kick-start the exercise, the state Governor, Senator Isiaq Abiola Ajimobi, and members of the state executive council have been given up till July 15 to pay property tax on their private buildings.
Disclosing this to journalists in Ibadan after a recent State Executive Council meeting, the Commissioner for Information, Culture and Tourism, Mr. Toye Arulogun, emphasised that the evaluation and collection of property tax would begin from the private residence of the governor.
He said the process of an aggressive revenue drive would witness the collection of land use charge, revenue and taxes on properties and businesses located within the state.
The commissioner assured residents that the ministry would embark on door-to-door advocacy and enlightenment campaign to sensitize members of the public about the new tax and payment regime before hitting the road.
Arulogun said: “Members of the state executive council and other political functionaries have agreed that all dues and taxes derivable from their salaries would henceforth be drawn from source, starting from July this year.
“Government has decided that properties located within the state must be taxed and it will start with the personal house of the governor. Members of the state Exco have been given up to July 15 to comply with the payment. We want to set good example for others,” he said.