Politics
Nigerians React As Ondo State Records N900 Million From Ticket Sales To Motorcycle And Tricycle Operators-Revenue Shortfall (Details)
The Ondo State Government has announced the generation of N900 million from ticket sales to commercial motorcyclists and tricyclists across the state. The government aims to surpass N1 billion by the end of December 2023. Mr. Tolu Adegbie, Chairman of the state Internal Revenue Service, disclosed this during the 2023 raffle draw ceremony for commercial motorcycle and tricycle operators in Akure…..CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

Adegbie acknowledged a revenue shortfall compared to 2022, citing factors such as the naira scarcity problem and the removal of fuel subsidy. The generated revenue of N900 million from January to November was lower than the N1 billion recorded in the same period last year. Adegbie emphasized that the majority of the revenue came from motorcycles, urging tricycle owners to enhance their performance.
He expressed optimism that the revenue from motorcycle and tricycle owners would exceed N1 billion by the end of December. Doyin Odebowale, Special Adviser to Governor Rotimi Akeredolu on Special Duty and Strategy, highlighted the administration’s success in increasing revenue from commercial motorcyclists since its inception. The Ondo State Internal Revenue Service (ODIRS) rewarded operators with various items, including motorcycles and bags of rice, as a token of appreciation for their commitment.
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