Data collation, revenue drive begin in Oyo market Monday

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The Oyo State Government has kicked off a sensitisation exercise at the Bola Ige International Business Complex, New Gbagi, Ibadan, ahead of a full data collation and revenue drive scheduled to begin on Monday, December 15.

The sensitisation, which started on Friday, was led by the Permanent Secretary, Ministry of Investment, Trade, Cooperatives, and Industry, Mr. Olajide Okesade, representing the Commissioner, Adeniyi Adebisi.

A statement on Saturday issued by the Commissioner for Information, Dotun Oyelade, said the exercise was witnessed by the ministry’s management team, trade officers, officials of the Oyo State Road Transport Management Agency, and zonal leaders within the business complex.

Okesade explained that the sensitisation followed earlier directives issued by the commissioner, who had instructed zonal leaders of the complex to commence preliminary sensitisation efforts days earlier to ensure traders were adequately informed ahead of the government-led exercise.

He added that the ongoing sensitisation is crucial for preparing traders for the upcoming data collation and revenue regularisation exercise, reminding them to update allocation documents and ensure all required payments are made only to designated government accounts.

Okesade further highlighted the state government’s commitment to sanitising commercial environments, strengthening record management, and ensuring proper accountability of public revenue.

During a tour of the business complex with OYRTMA officials, the Permanent Secretary noted issues discovered during preliminary assessments, particularly concerning rent, service charges, and allocation dues.

He said, “We have discovered that some shop owners are not fully complying with the payment of their rent, service charges, and allocation dues into government coffers.

“Our aim is to update our database because although the Business Information Management System team is active, not all allottees at the Bola Ige International Business Complex have been properly captured.”

He also noted that activities of certain agents had contributed to revenue leakages, stressing that “all payments must now go directly into the government-approved rent account (the Treasury Single Account—TSA).”

Okesade, however, assured traders that the government’s mission is “corrective, not punitive.”

“We are not here to take shops from traders. We only want those without valid allocation documents to regularise them and make the required payments. Once they comply, the ministry will process their documents accordingly,” he said.

He disclosed that trade officers of the ministry would begin “shop numbering and tagging” within the complex ahead of the full commencement of the data collation and revenue drive on Monday.

He encouraged traders to give their full cooperation, noting that the exercise would “strengthen accountability, improve revenue management, and enhance the ease of doing business in Oyo State.”

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