Osun State- Internally Generated

Revenue and Path to Financial

Independence
Collaboration focusing on harnessing the
resources in Osun State to create wealth
 Who We Are
is a leading private and public sector consulting company that has demonstrated
strong technical and stakeholder capabilities in assisting clients and Governments
in boosting their Internally Generated Revenue (IGR) through formalization and
empowerment programs for the formal and informal sector. offers regional
governments a one stop solution to drive revenue growth.

With expertise in international strategy and management consulting, Software

development, process improvement and training services, we are focused on
expanding client business operations on a global basis. No matter how difficult the
challenge or how long the process, we thoroughly examine our clients’ operations
to enable them achieve their goals based on our extensive experience and
knowledge accumulated through serving clients operating in every economic
sector.
 Services
 Strategic planning and vision setting. Assisting organizations to set clear and
compelling visions and planning strategies that enable them to achieve their
goals.
 Development of process model and management operating model for all
revenue generating agencies. Using technology, we design the models to ensure
a disciplined approach to align portfolios to strategic objectives and
governmental budget goal therefore guiding organizations to excel through
superior governance and oversight, organizational structure, business
processes, human resources, and tools.
 Supporting sector development. Identifying approaches to address shared
issues and gaps, to support sector growth in new and dynamic areas
 Leadership, visioning, and change management. Building a shared vision and
creating alignment across the private sector, civil society, and the public sector
through fact-based facilitation in leadership seminars and working groups.
 Services
 Competitive analysis. Identifying new product opportunities to diversify the
economy and aligning selected industries with firm-level priorities and worker
capabilities in order to build social capital and sustained support.
 Strategy and investment planning. Developing a strategic plan, public and
private investment plans, and a roadmap through a collaborative process in
order to identify actionable initiatives.
 Market-based solutions to poverty reduction. Identifying opportunities for the
poor to participate in all industry initiatives as employees, suppliers, or
distributors in the value chain.
 Program evaluation and performance management. Conducting comprehensive
evaluations of funds, programs, and initiatives, and designing systems for
ongoing evaluation. Developing practical approaches for measuring and
tracking progress toward short and long-term goals.
 Osun Plan
 is looking to work with the Executive Governor of Osun state in ensuring
reasonable financial independence to achieve his set agenda for the state. We
aim to identify all revenue generating capabilities in the state and develop and
streamline processes to ensure revenue is adequately generated in the state.

 We will review the formal and informal sector within the state with a clear goal
to increase revenue by 100% within the first year.

 We will review investment initiatives and drive investments into the state in all
areas of infrastructure.

 We will work with all review generating agencies in developing technologically

based solutions and tracking mechanisms for Internally generated revenue.
 Osun Plan

Nigeria shall provide management, strategy and technology consulting as it relates

to building and increasing Internally Generated Revenue (IGR) to the government
of Osun State with a focus in the following sectors:

 Targeted focus in the informal sector of the state as it spreads across the 16
local governments in the state with particular inclusion amongst various
stakeholders to include UNION LEADERS, MARKET WOMEN ASSOCIATIONS,
TRANSPORTATION LEADERS, AND COOPERATIVES THAT INVOLVE ARTISANS AND
WORKERS IN THE CONSTRUCTION INDUSTRY.
 Small and medium size companies around the state
 Large companies to integrate the software into the regular routine of taxation in
the state
 Third party design stakeholders like the FIRS and other agencies as it relates to
data sharing and system integration
Osun Plan
 IGR DASHBOARD

POPULATION IGR OVER THREE YEARS WHAT IS CAPTURED

4.7M
2016 8,884,756,040.35
41% 59%
11,731,026,444.38 No steady
2017 Informal
Formal increase year on
sector sector-
Not year
IGR YR 2018 2018 10.381,663,677.98 captured
captured

N10.05BN 2018 2017 2016

OTHER ROAD ROAD

TAXES OTHER ROA OTHER TAXES
TAXES D TAXES
4% 2% TAXES 3%
3% TAXE 5%
DIRECT S 2%
DI- DIRECT
ASSES (12%)
LABOR FORCE 7% RECT 32% ASSES 10% PAYE
DECREASE PAYE INCREASE 9%
60% ASSES PAYE INCREASE 57%
4% 64%
2.4M OTHER
OTHER
REV
OTH-
ERREV
REV 26%
27%
27%
 PROJECTIONS
Current IGR with labor N10.38bn/year
force at 41% capture
rate

59% Labor force 849,600 citizens

(Informal sector) not
captured @ 60%
capture rate

Projected monthly tax N1.7Bn/month

revenue collection from
849,600 citizens @
N2,000 (N100 collected
daily @5 days/wk)

Yearly Projected income 20.4Bn

from informal sector not
captured

Estimated IGR with 30.78Bn

value added in informal
sector alone