Ogun loses N5bn revenue monthly- Gov. Amosun

Governor Ibikunle Amosun of Ogun State on Monday disclosed that the state was losing between N3 billion and N5 billion as revenue monthly from haphazard toll collection. The governor said this at the inauguration of harmonisation of haulage revenue collection in the state, in Abeokuta. Amosun lamented the huge loss of revenue by the state […]

Governor Ibikunle Amosun of Ogun State on Monday disclosed that the state was losing between N3 billion and N5 billion as revenue monthly from haphazard toll collection.

The governor said this at the inauguration of harmonisation of haulage revenue collection in the state, in Abeokuta.

Amosun lamented the huge loss of revenue by the state due to unorganised toll revenue collection, saying the new scheme would address the identified inadequacies of the former method.

He added that the harmonisation would also block revenue leakages and eradicate printing and issuing of fake toll tickets by some contractors.

According to Amosun, the new revenue scheme will ensure that the toll posts being operated by local governments, agencies and LCDAs, no longer exist.

He declared that the state could no longer tolerate illegal ways of toll collection.

The governor further explained that the new scheme, apart from eradicating touting at the designated toll points across the state, would be in compliant with the directive of the Inspector-General of Police that all road blocks should be dismantled.

“We find out that a large chunk of generated revenue was not remitted to government and some of the operators have gone beyond the brief of the delegated authority.

“As a government, we cannot allow such abuse which has led to major revenue loss and extortion of our people,’’ he said.