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GENDER BASED VIOLENCE: OSUN STATE GOVERNMENT SET TO ESTABLISH MOBILE COURTS  | Governor Adeleke, Women Affairs Minister Strike Deals on Women Development | Osun: Environment Commissioner, Adejoorin Counsels Residents On Indiscriminate Dumping of Refuse | Birthday: Governor Adeleke Felicitates with Elerinmo of Erinmo | Governor Adeleke Approves Construction of Hajj Camp for Osun State | Governor Adeleke Approves Construction of Hajj Camp for Osun State | Fake News: Osun Government Sets up Action Committee On Cyber Crimes, Cyber Bullying | His Excellency Gov. Ademola Adeleke observed Iftar with Royal Fathers in Osun | For Ramadan /Easter Needs, Governor Adeleke Approves March Salaries, Pensions, Palliatives | Governor Adeleke Approves Promotions within Civil Service | Governor Adeleke Sets up Implementation Panel on the White Paper on Contract Review Committee | Courtesy visit by Minaret International University Foundation | It”s our collective interest for Mr President to succeed – Gov Adeleke | GOVERNOR ADELEKE CONGRATULATES NEW NACA DIRECTOR–GENERAL, DR. TEMITOPE ILORI | OSUN APC IS A LYING MACHINE- GOVERNOR ADELEKE DID NOT TAKE ANY LOAN | Governor Adeleke Salutes Barr Owolade at 70 | Governor Adeleke Opens Rehabilitated Government House, Says Upgrading State Assets is a Policy | Olubadan’s Exit: Gov Adeleke Commiserates with Gov Makinde, Ibadan people | The management of the Federal College of Education, Iwo paid a courtesy visit to Gov. Ademola Adeleke | The World Health Organization (WHO) team led by Prof. Ebun Adejuyigbe paid a courtesy visit to Governor Ademola Adeleke

Breaking News

GENDER BASED VIOLENCE: OSUN STATE GOVERNMENT SET TO ESTABLISH MOBILE COURTS  | Governor Adeleke, Women Affairs Minister Strike Deals on Women Development | Osun: Environment Commissioner, Adejoorin Counsels Residents On Indiscriminate Dumping of Refuse | Birthday: Governor Adeleke Felicitates with Elerinmo of Erinmo | Governor Adeleke Approves Construction of Hajj Camp for Osun State | Governor Adeleke Approves Construction of Hajj Camp for Osun State | Fake News: Osun Government Sets up Action Committee On Cyber Crimes, Cyber Bullying | His Excellency Gov. Ademola Adeleke observed Iftar with Royal Fathers in Osun | For Ramadan /Easter Needs, Governor Adeleke Approves March Salaries, Pensions, Palliatives | Governor Adeleke Approves Promotions within Civil Service | Governor Adeleke Sets up Implementation Panel on the White Paper on Contract Review Committee | Courtesy visit by Minaret International University Foundation | It”s our collective interest for Mr President to succeed – Gov Adeleke | GOVERNOR ADELEKE CONGRATULATES NEW NACA DIRECTOR–GENERAL, DR. TEMITOPE ILORI | OSUN APC IS A LYING MACHINE- GOVERNOR ADELEKE DID NOT TAKE ANY LOAN | Governor Adeleke Salutes Barr Owolade at 70 | Governor Adeleke Opens Rehabilitated Government House, Says Upgrading State Assets is a Policy | Olubadan’s Exit: Gov Adeleke Commiserates with Gov Makinde, Ibadan people | The management of the Federal College of Education, Iwo paid a courtesy visit to Gov. Ademola Adeleke | The World Health Organization (WHO) team led by Prof. Ebun Adejuyigbe paid a courtesy visit to Governor Ademola Adeleke
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Webmaster October 10, 2016

Osun Unfolds New Economic Levy To Boost Revenue

In order to boost the economic fortunes of Osun State, the state government has adopted the federal government’s Economic Development Levy (EDL) programme that will make it obligatory for business owners to pay an approved revenue tariffs and rates into the government’s coffers.
 
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Speaking while launching the programme in Osogbo, the Acting Chairman of the Osun Internal Revenue Service, OIRS, Prince Dayo Oyebanji noted that the dwindling economic fortune of the state informed the domestication of the law.
According to him, Economic Development Levy (EDL) was introduced by the federal government last year, permitting all the states across the federation to increase their Internally Generated Revenue as part of efforts to find lasting solution to the current economic meltdown.

The OIRS Acting Chairman stressed the need for the residents of the state to live up to their civic responsibility through prompt payment of taxes and other constitutional obligations as the compliance remains the only way to sustain the government efforts at turning around the economy fortune of the state.
According to him, the levy is a charge introduced and permitted by law to increase the number of revenues that are accruable to state governments in order to meet certain obligations
Oyebanji further explained that the levy became imperative following the current economic downturn which was actually caused by the appalling fall in the prices of crude oil over the years.
He noted that, the Osun state under the leadership of governor Rauf Aregbesola has brought unprecedented development to the state through the implementation of some laudable projects since its inception.

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