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Ogun State Targets N500 Billion IGR by 2026 to Boost Economy

Business1 min read
Ogun State Targets N500 Billion IGR by 2026 to Boost Economy

Ogun State Governor Dapo Abiodun has set a target of N500 billion in Internally Generated Revenue (IGR) for the state by 2026 as part of efforts to strengthen the state's economy and achieve sustainability. The long-term goal is to grow the annual IGR to N750 billion by 2027.

Various agencies and ministries, including the Ogun State Internal Revenue Service (OGIRS), Ogun Property and Investment Corporation (OPIC), and the Ministry of Education, Science, and Technology, are expected to contribute significantly to this revenue target. The state's strategic location and industrial potential are key factors in achieving this goal.

Governor Abiodun also emphasized the importance of fiscal discipline and innovation in positioning Ogun State as a leading economic hub in Nigeria.

Plus234Feed summary based on reporting from NairaMetrics. Read the original report below.

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