In a remarkable declaration, Cross River State Governor, Sen. Prince Bassey Edet Otu, commended the Cross River Internal Revenue Service (IRS) for its significant contribution to the state’s revenue growth. The governor revealed that through its renewed revenue drive, the State IRS had elevated the state’s internally generated revenue profile by an impressive 21%. This achievement was recognized during the 2024 Budget Presentation forum, where the governor delivered his speech, emphasizing the people-first approach in the state’s fiscal planning.
“Presently, the State IRS, through its renewed revenue drive, has increased the state’s internally generated revenue profile by 21%. This is a commendable feat,” said Governor Otu.
He congratulated Prince Edwin Okon, the Acting Executive Chairman of the Cross River Internal Revenue Service, for the significant achievement and urged the agency to double this percentage in 2024. Governor Otu emphasized the importance of addressing revenue leakages and harnessing revenue-generating opportunities across various government ministries and departments.
The governor’s commendation highlights the State IRS’s dedication to increasing the state’s revenue base and its contribution to the state’s socio-economic development.
The 2024 Budget, titled “The People First Budget,” places a strong emphasis on infrastructure development, education, health, environment, agriculture, youth and sports development, tourism, and general administration, all aimed at improving the lives of Cross Riverians.
This commendation comes as Cross River State continues its drive to harness its full revenue potential and maintain a people-centered approach to governance and development.