Obiano targets N2.2 Billion IGR every Month, introduces POS in Anambra IGR collection ----as Fidelity bank summit opens new vistas of IGR

 www.odogwublog.com reports that the first Anambra state internally Generated Revenue (IGR) summit has ended in Awka , Anambra state capital with a resolution to introduce best practice models in the state to create a world class tax management model targeted at reducing cost and eliminating leakages.
Addressing the gathering organized by the Fidelity Bank Plc at Dora Akunyili Women Development Center, Awka , Governor Willie Obiano of Anambra state announced an introduction of Point of Sale (POS) to be launched soon for a cashless IGR and tax administration in the state to reduce fraud and diversion of public funds to few individuals’ pockets.
Obiano announced that following an ongoing sanitization exercise going on in the IGR generation and administration in the state now that soon the IGR base of the state will hit N2.2 Billion per month from its N1.4 Billion currently being generated.
He lamented the activities of fake IGR collectors that have deprived the state of its IGR but warned that henceforth such loopholes would be plucked, even as he gave all illegal IGR operators to run or be exposed by the agents of the state government.
While praising the Fidelity bank plc team led by its Managing Director/ Chief Executive Officer, Mr Nnamdi Okonkwo and the Chairman Fidelity Bank Plc , Chief Dr Christopher Ezeh MFR for the initiative of the summit, Obiano said the IGR would be increased without causing harm and pains to the taxpaying public but by eliminating all frauds associated with IGR and tax payment.

 Papers were presented by CEO/MD , Computer  Warehouse Group , Mr James Agada on identifying new revenue streams : the Kano state example; MD/CEO , BIA Consulting Mr Ben Akabueze on Growing IGR: Lessons from the Lagos state Example ; Founder/Group MD , Interswitch , Mr Mitchell Elegbe on state IGR Best practices; MD/CEO, Chams Plc , Mr Femi Williams on Identifying management systems and informal sector collection.
Others papers included strategic wealth and Job creation for all Anambra indigenes by MD/CEO , Tenece Professional Services , Mr Kingsley Eze; Implementation of an Efficient Tax management system by MD/CEO Appmart , Mr Marco Syslvester; Taxes in the Nigerian system and Tax collector accountability by Mr Dele Adedeji.
Earlier in his keynote address , the MD/CEO of Fidelity Bank Plc , Mr Nnamdi Okonkwo thanked Governor Willie Obiano for partnering Fidelity bank in organizing the summit. He said after the summit , people would pay taxes happily since the summit  will focus on tax administration and enlightenment on the available revenue generating models.
Mr okonkwo said: ‘’Following the ongoing reforms in various sectors of the Nigerian economy, the state government is determined to explore all sources of revenue generation available to it. As a bank, we are eagerly looking forward to building a veritable partnership with the government to aid its collection of such revenues and help improve its Internally Generated Revenue. It is important to state that we have continued to play a dominant role in Electronic Payments and Services Market. Fidelity Bank was a pioneer bank in 1997FIRS Collections and 2005 Agencies Collections.

‘’Over the years, Fidelity Bank has not only garnered massive experience assisting governments generate revenue but also recorded remarkable success in a number of states. From 2005 till date, our cumulative collections using the PayDirect platform is estimated at N300 billion.
The Fidelity Bank MD/CEO used the opportunity to buttress the success stories of the bank including : ‘’pioneered Informal Sector IGR Collections with our successful deployment of the Point of Sale (POS) Terminal Tax Collections in Abia, Imo and Sokoto States. The model has also been requested for and adopted by other state governments.
‘’We successfully deployed the first electronic collection solutions for Ondo State (IGR), Anambra and Abia State Land Registry Automation Processes.
‘’As a Bank, we deployed Automated Electronic Motor Vehicle License to Sokoto, Anambra, Abia and Kano States. Our revenue model is flexible and has been adopted successfully by all major applications.
‘’We also play a major role in payroll and e-payment markets, deploying end-to-end Salary Solutions for governments and corporate organisations. Some of the states include Ebonyi State; Kano State (Biometric data capture for 45,000 enrollees, payroll, e-payment and pension administration for 25,000 enrollees); Imo State Government House; Anambra; Abia; and Kaduna (integrating our platform with the States’ Consultants for their 50,000 enrollees). 

The MD/CEO Fidelity bank insisted the summit  will help to enhance the State Revenue Collection potentials and assist the State in improving its data integrity significantly, adding that ‘’we strongly believe that this Summit will assist the State adapt better to the cash-lite initiative of the Federal Government through the introduction of multiple channels for the payment and verification of taxes.
He said further: ‘’Given our pedigree and commitment to service excellence and innovation, Fidelity Bank is deploying innovative technologies in our quest for a new face of service in the industry.
‘’In Anambra Statewe intend to set up a seamless and online real-time collection and remittance platform which will significantlyincrease revenue collections in the statein all the segments.
‘’In conclusion, Iwish to encourage all of us to support this laudable initiative while calling on all the good people of Anambra state to join hands with the Chief Willie Obiano government in its effortsto make Anambra State a better state that will be a reference point for all other states in Nigeria’’, he concluded.
Executive Director South Fidelity Bank Plc Mrs Aku Odinkemelu expressed gratitude to the guests for attending and prayed for fruitful implementations of the resolutions of the Summit.

Photos above captioned

(L-R) Dr. Nkem Okeke, Deputy Governor, Chief Willie Obiano,
Governor of Anambra State and Mr. Nnamdi Okonkwo, MD/CEO Fidelity Bank
Plc during the IGR Summit organised by the Government of Anambra State
in partnership with Fidelity Bank Plc in Awka...Tuesday
(L-R) Mr. Nnamdi Okonkwo, MD/CEO Fidelity Bank Plc welcoming
Chief Willie Obiano, Governor of Anambra State to the IGR Summit
organised by the Government of Anambra State in partership with
Fidelity Bank Plc in Awka...Tuesday

(L-R) Mr. Nnamdi Okonkwo, MD/CEO Fidelity Bank Plc, Chief
Willie Obiano, Governor of Anambra State and Dr. Nkem Okeke, Deputy
Governor during the IGR Summit organised by the Government of Anambra
State in partnership with Fidelity Bank Plc in Awka...Tuesday