Osun poised to recoup N30bn tax debt, appoints new Acting Chairman for Revenue Service News

Osun poised to recoup N30bn tax debt, appoints new Acting Chairman for Revenue Service

By News Express on 21/04/2017

•OIRS Acting Chairman Bicci Alli.

The Government of the State of Osun has moved to increase its internally generated revenue and recoup over N30bn tax owed by several organisations. Along this line, it has streamlined the Osun Internal Revenue Service (OIRS), with the reformation of the organisational structure for optimum performance, and appointed a tax consultant, Mr. Bicci Alli, as Acting Chairman of OIRS.

Alli’s appointment follows the recent resignation of seasoned tax administrator, Mr. Oludayo Oyebamiji, under whose leadership OIRS in the past few months deployed innovative solutions in its tax collection process in Osun.

Alli, who is tasked with the assignment of radically increasing the state IGR, holds qualifications in Business Administration, Accounting and Taxation. He is a fellow of both the Institute of Chartered Accountants of Nigeria (ICAN) and Chartered Institute of Taxation of Nigeria (CITN).

Alli, formerly of the Lagos State Internal Revenue Service (LIRS), successfully managed assigned revenue generating units and directorates within the service, contributing enormously to the monumental growth in Lagos State tax payers’ base, with the service netting an average of N20bn monthly IGR for the state.

In October 2015, Mr. Bicci Alli was invited by the Governor of Oyo State, Senator Abiola Ajimobi, to head a management team with the mandate to run OYBIR on a day-to-day basis, and at the same time draw up and implement reform programmes for OYBIR aimed at making the Board fully autonomous.

Within 14 months, Alli led management team, block revenue leakages, brought thousands in the informal sector to the tax net, stopped reversal window in revenue collecting banks and increased Oyo’s IGR by over 1,000%.

Bicci Alli has presented over 50 papers on various aspects of tax policies, laws and administration at different fora, locally and internationally.

Source News Express

Posted 21/04/2017 05:56:16 AM

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