Internally Generated Revenue

This study examined the challenges of revenue generation and rural development in Nigeria: A case study of Ovia North-East LGA, Edo State. The data collected were presented in a tabular form with focus on the major research questions which enabled the researcher determine the results. The findings from the study revealed that Ovia North-East LGA raises loans for incurring capital development programme that are within their statutory functions, lack of capacity of Ovia North-East LGA to fulfil the aspiration of their communities are caused by lack of adequate resources, the role of the state governors in the affairs of Ovia North-East LGA results in the ineffective implementation of its developmental programmes, bad local government politics affects the implementation of development programmes in Ovia North-East LGA, Ovia North- East LGA has facilitated rapid development at the grass-root. The study recommended that efforts should be enhanced by the local government towards generation of internal revenue so as to meet the yearnings and aspiration of the people at grassroot level; local government should encourage the collection of IGR through the application of modern equipment’s and electronics means; local government should also find a means of closing up the loopholes and discourage frauds among the revenue collectors and the tax payers; local government should embark on the establishment of some mini-sized industries that will provide employment opportunities to the people. The participation in agriculture will encourage the inhabitants of local governments to improve their standard of living on one hand, and to improve the revenue base of local governments on the other hand. The study concluded that local government which is mostly endowed with natural resources should be allowed to persuade foreign investors for the much desired development at the local level, and any restructuring of this tier of government must as a necessity be done in concert with the generality of the people, while every autonomous community in Nigeria should constitute a level of governance, as this will facilitate rapid development of Nigeria and bring about dividends of democracy nearer to the people. Therefore, the effective management of generated revenue is also a fundamental issue in the provision of services to the local populace, so revenue generation is not an end in itself in determining service provision, but proper utilisation is also a great determinant

Adams Oshiomhole was the governor of Edo State, Nigeria, for two terms in the past. After taking over office with the now-defunct Action Congress (AC) in 2007, he served under the auspices of the All Progressive Congress (APC). Oshiomole rose to prominence as the leader and president of the Nigerian Labour Congress (NLC) prior to entering politics.1 When the administration of Governor Adams Oshiomhole took over office in November 2008, it realized that the Board of Internal Revenue needed to be reorganized and reformed in order to maximize the government's Internally Generated Revenue (IGR) for the provision of infrastructure and other services. This decision, which aims to institutionalize and improve tax and revenue administration while embracing the Comrade Governor's vision of a people- and results- oriented government, was a very brave and well-considered step.2 Since all other facets of growth have been put on hold, the comrade governor Oshiomhole's plan for infrastructure development has taken a different direction. This is because it is the exclusive goal of their government. In contrast to sports, social welfare, and security, the health sector is in a vegetative state, agriculture is in decline, and industry is not given attention. Nobody is fighting over these mistakes because everyone has the right to set viii their own priorities. However, arguments can arise if projects are prioritized yet lack cost-effective quality.3 The much-discussed highways are the first cause for alarm during comrade governor Oshiomhole. The administration has referred to its accomplishments in building roads as its "Magnus opus." The accomplishment reports are skillfully delivered without providing all the details. The public has never been informed of the number of kilometers of completed roads or the length of the corresponding drainage systems.4 It is feasible to complete 1,000 roads measuring 100 kilometers, as well as 100 roads measuring 1,000 kilometers. The one who has completed 1,000 roads appears to have accomplished something that Napoleon was unable to, while the person who has completed 100 roads is likely considered a trailblazer.5 But an appropriate assessment and appraisal become simple when the number of roads is compared side by side with the length in kilometers. As a result, O.O. Ikelegbe and D.A. Edokpa found that infrastructures are important indicators of development as well as quality of life and have the ability to promote endogenous growth,6 prevent rural-urban migration, stimulate economic activity, and raise living standards in Edo State's rural areas. It is clear that, many parts of Benin City, the capital of Edo State, have deplorable infrastructure currently, and urgent infrastructural provision and upkeep are needed to stop the eventual consequences on quality of life of the citizens. It is clear that emerging nations have quite different levels