Ogun State Government has refuted statistical agency BudgIT Foundation’s widely publicised report on Internally Generated Revenue (IGR) across the 36 states titled: “State of States, 2022 Edition”, with respect to the state’s financial health status.
In a letter to the foundation’s director by the Commissioner for Finance, Dapo Okubadejo, the government described BudgIT Foundation’s ranking of Ogun State as having an IGR of N78.17billion for 2021 as inaccurate and misleading.
It provided the state’s audited report from the Joint Tax Board and the state’s audited financial statement, which put the state’s IGR for 2021 at N100.9billion.
Read Also: BudgIT to Fed Govt: stop indiscriminate borrowings
The government, therefore, demanded a retraction of the publication, which it said had caused the state reputational damage, and a publication of the updated figures and the true ranking of the state on BudgIT Foundation’s website.
The government’s position has been corroborated by the National Bureau of Statistics (NBS) which, on Tuesday, released the correct IGR figures for Ogun State, confirming efforts by the Dapo Abiodun-led administration to put the economy on a sound footing and make Ogun Nigeria’s top investment destination.