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Tag: EIRS

  • Edo IGR hits N52.6bn in 6 months

    Edo IGR hits N52.6bn in 6 months

    The Edo State Internal Revenue Service (EIRS) on Thursday announced that the state’s Internally Generated Revenue (IGR) rose from N36.1 billion in the first half of 2024 to N52.6 billion in the corresponding period of 2025.

    The Executive Chairman of EIRS, Oladele Bankole-Balogun, made this known at a press briefing in Benin, while reviewing the agency’s performance over the past six months under his leadership.

    He noted that the N52.6 billion generated in the first half of 2025 represented an 89.5 per cent performance rate, compared to 36 per cent recorded in the same period of 2024.

    Providing a breakdown of the monthly revenue figures, Bankole-Balogun said the state generated N10.4 billion in January, N9.6 billion in February, N6.9 billion in both March and April, N7.8 billion in May, and N11 billion in June.

    “These figures collected in 2025 gave us N52.6 billion in total, as against a budgeted half-year figure of N58.8bn,” Bankole-Balogun said.

    “This performance represents 89.5 per cent achievement year-to-date It also marks a 46 per cent increase compared to the N36.1bn total achieved in mid-2024.”

    “This achievement is historic. It reflects strong synergy between staff, management, and, most importantly, the unwavering support Gov. Monday Okpebholo,” he added.

    He also announced that in line with Federal Government tax reforms, the EIRS would implement PAYE tax exemptions for those earning N800,000 or less annually.

    “There will be reduced PAYE for monthly earners below N1.7m, 25 per cent personal income tax for those above N50m annually, and VAT remains at 7.5 per cent,” he said.

    Bankole-Balogun added that EIRS would enhance public enlightenment efforts to ensure taxpayers were well informed about the new tax structure and expected compliance.

    He stressed that the service was committed to transparency, value-added services, and building a robust, sustainable tax system to serve the people of Edo.

    He expressed appreciation to individuals, companies, and government MDAs whose compliance had played a major role in making the EIRS’s 2025 success story possible.

    “Your taxes remain the foundation for the massive infrastructural and developmental projects currently underway across our dear state,” he added.

  • Edo introduces self-service portal for vehicle papers renewal

    Edo introduces self-service portal for vehicle papers renewal

    The Edo Internal Revenue Service (EIRS) has introduced a self-service portal to enable vehicle owners self-renew expired vehicle documents from the comfort of their homes.

    This is contained in a statement signed by Mr John Inegbedion, Chairman Taskforce on Internally Generated Revenue, and made available to newsmen in Benin on Friday.

    Inegbedion said the move was a step up efforts at digitising the service revenue process.

    He said the initiative was also a step to sustain the gains in the EIRS automation process, render quality service delivery to motorists and people in the state within the motor vehicle administration space.

    According to him, the introduction is part of efforts geared toward ensuring that motorists who are customers continue to enjoy quality service delivery, enhance the ease of doing business, save time and protect them from being victims of fraud.

    The EIRS boss urged motorists with expired vehicle documents to take advantage of the self-portal service by visiting www.eirs.gov.ng or https://selfservice.eirs.gov.ng.

    This,  he said,  would enable them to begin the self-service renewal process or visit the nearest EIRS branch office to renew their vehicle documents.

    The chairman, however, noted that the Revenue Service planned  to carry out a joint motor vehicle documentation and compliance exercise to ensure motorists were compliant with extant road traffic laws.

    “During the exercise, security and traffic agencies of government shall be on the road to ensure that motorists possess valid vehicle license, drivers’ license, number plate, road worthiness certificate and hackney carriage.

  • Edo Revenue Board announces availability of number plates

    Edo Revenue Board announces availability of number plates

    Edo State Internal Revenue (EIRS) says it has taken delivery of number plates from Federal Road Safety Corps (FRSC), thus ending its long months of scarcity in the state.

    Head, Corporate Communications unit of EIRS, Mr Egboigbe Courage, said this in a statement made available to newsmen on Friday in Benin.

    He said that the receipt of the number plates was part of the organisation’s mandate to render value-added services to members of the public.

    According to Courage, the number plates are available at its corporate headquarters in Benin and its branch offices across the state.

    “EIRS regrets the inconveniences caused by the non-availability of number plates, which was due to the turn-around maintenance carried out at the Federal Road Safety Corps (FRSC) production plants across the country,” he said.

    Courage urged all vehicle, tricycle and motorcycle owners to get their expired vehicle documentation or particulars validated, as driving with expired vehicle particulars was a contravention of the extant road traffic laws.

    “For further enquiries and complaints, motorists and number plate applicants should contact EIRS on 0813 097 0146, 0809 203 8444, visit www.eirs.gov.ng or send e-mail to info@eirs.gov.ng.,” he said.