Mr Bimbo Ashiru, the Commissioner for Commerce and Industry in Ogun, on Monday said that the ministry had put in place machinery to generate N4billion in revenue next year. Ashiru said this while defending the ministry’s 2018 budget proposal at the Ogun House of Assembly in Abeokuta.
The commissioner explained that the amount proposed by the ministry was achievable, saying the ministry had mapped out strategies to block all leakages in revenue collection. He said that the ministry had proposed to generate N200million from registration of trade and artisans in the state while N3billion would be generated from haulage. “The ministry intends to intensify efforts on monitoring and enforcement for effective collections of haulage fee across the state.
“There are over 24,000 business premises payers in the state. The sum of N300million is budgeted to be generated from registration and renewal of business premises. “N500million will be generated from inspection of quarries, monitoring of activities of quarry operators, regulation of illegal mining in the state and collection of surface rent,’’ he said.