The Ekiti State Government has praised residents and tax payers for their voluntary compliance to payment of taxes leading to increase in the monthly Internally Generated Revenue to N2.74 billion in June this year.
The government noted that despite suspension of compliance through blocking of roads and locking up of business premises since July 2025, revenue generation through taxes has been on the increase.
The Executive Chairman Ekiti State Internal Revenue Service (EKIRS), Mr Olaniran Olatona spoke yesterday in Ado Ekiti on the strides of service since the beginning of the year and other sundry issues relating to tax administration in the state.
Olatona declared that the state is not planning to impose any new taxes on the residents in addition to the current ones being paid to the government.
“You would recall that on December 16, 2025, we had a media engagement ahead of the commencement of the New Tax Regime on January 1, 2026. Then, I assured Ekiti people that the new Federal Tax Laws were designed to further strengthen the economy and would not result in unauthorized deductions from individual bank accounts or cause undue hardship for the citizens.
“I said the tax reform is part of President Bola Ahmed Tinubu-led Federal Government’s efforts to modernise the tax system, improve revenue generation and promote fairness in tax administration across the country.
“I emphasised that the tax reform was designed to broaden the tax base, encourage voluntary compliance, reduce multiple taxes, reduce revenue leakages, while also creating an enabling environment for businesses to thrive and contribute meaningfully to economic development.
