…February IGR stood at over N9.5 billion
… state’s revenue continues on an upward trajectory.
Benin City – The Edo State Internal Revenue Service (EIRS) has firmly dismissed claims by one Ifaluyi Isibor regarding a purported decline in the state’s Internally Generated Revenue (IGR) for February 2025.
In a press release issued today, the EIRS described Isibor’s claims as misleading, politically motivated, and an attempt to undermine the agency’s efforts in sustaining Edo’s economic growth. The revenue agency insisted that its records reflect an impressive IGR performance, contrary to the figures circulated by Isibor.
“The only truth is that the Revenue Service has attained and is sustaining an average of N10 billion to date,” the statement read, emphasizing that February’s IGR stood at over N9.5 billion—an amount never achieved by previous administrations.
The EIRS outlined five key points to refute the allegations:
1. The IGR report for February 2025 is impressive, exceeding N9.5 billion.
2. The claim that Edo’s IGR dropped from ₦4.7 billion in January to ₦3.4 billion in February is false and misleading.
3. The agency denounces the spread of unverified figures and reaffirms that the state’s revenue continues on an upward trajectory.
4. There are no separate IGR sources, as all government revenue is consolidated into a single figure.
5. The EIRS remains committed to tackling illegal revenue collection by unauthorized individuals and urges the public to report any suspicious activities.
The statement, signed by Courage Eboigbe, Head of Corporate Communications, assured Edo residents that the EIRS remains dedicated to professionalism and transparency in revenue collection. It also called on the public to disregard misinformation and support the government’s efforts in strengthening the state’s financial stability.
