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Omoniyi's Leadership Boosts Kwara's Revenue to ₦92.19 Billion

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This Day
Omoniyi's Leadership Boosts Kwara's Revenue to ₦92.19 Billion

Shade Omoniyi has served as the Executive Chairman of the Kwara State Internal Revenue Service (KW-IRS) since October 1, 2019. Under her leadership, significant reforms have transformed Kwara's revenue administration, shifting from a transactional approach to a modern system focused on data, technology, compliance, and taxpayer convenience.

Governor AbdulRahman AbdulRazaq's decision to appoint Omoniyi was pivotal, as she brought private-sector experience and a reformative mindset. Internally generated revenue (IGR) rose from ₦30.65 billion in 2019 to ₦92.19 billion in 2025, marking a 201 percent increase.

The revenue trajectory included a dip to ₦19.62 billion in 2020 due to the COVID-19 pandemic, but recovery followed with revenues of ₦26.96 billion in 2021, ₦35.76 billion in 2022, ₦56.42 billion in 2023, ₦69.19 billion in 2024, and ₦92.19 billion in 2025. This growth reflects a strengthened revenue system capable of greater efficiency and capacity.

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