Jul 23, 2026

“We Care About Your Business Survival” – EKIRS Boss Shifts Tax Strategy

By Afolabi Olaiya Idowu in business

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Ado-Ekiti, Ekiti State – In a refreshing departure from traditional tax collection narratives, the Chairman of the Ekiti State Internal Revenue Service (EKIRS), Mr. Olaniran Olatona, has reassured business owners that the agency prioritizes their survival and expansion over mere revenue extraction.

Speaking at a media engagement in Ado-Ekiti on July 23, 2026, Olatona emphasized a people-centered philosophy:

“If businesses don’t grow, we won’t be able to grow our revenue. That is why we are concerned about your businesses. We want them to survive, expand and prosper because that is the only sustainable way government revenue can grow.”

The EKIRS Chairman detailed a strategic pivot away from aggressive tactics like shop closures and roadblocks toward proactive education, dialogue, and voluntary compliance.

The agency now conducts targeted visits to businesses, markets, universities, and professional associations to demystify tax obligations and support compliance.

Olatona announced plans for seminars tailored to traders and small business owners, focusing on record-keeping, business management, and tax literacy—addressing what he identified as a major hurdle in the informal sector.

He encouraged market associations to engage professional tax consultants to minimize disputes and foster mutual understanding.

“We want our people to understand taxation better. We are ready to educate them on how to keep proper records, manage their businesses and comply with the law. We don’t want businesses to collapse because when they grow, the state also grows,” he stated.

Since Olatona assumed office in 2022, Ekiti State’s monthly Internally Generated Revenue (IGR) has surged dramatically—from around ₦600-650 million to consistently over ₦1.5 billion, with ambitions to reach ₦2 billion.

This transformation stems from operational autonomy, professional staffing, automation, data-driven processes, and strengthened stakeholder collaborations.

EKIRS has emphasized legal compliance, transparency, and a “human face” in administration. Enforcement actions, such as sealing premises, occur only as a last resort after multiple notices, and taxpayers retain a 30-day window to object to assessments with supporting evidence.

Olatona’s message aligns with ongoing national tax reforms under President Bola Tinubu’s administration, effective from January 2026.

These aim to broaden the tax base, reduce multiple taxation, protect low-income earners (with no tax for those below ₦1 million annually), simplify processes, and create an enabling environment for businesses without arbitrary bank deductions or undue hardship.

The agency continues to leverage technology for seamless online filings, prompt complaint resolution, and partnerships, including with the diaspora, traditional institutions, and professional bodies.

Governor Biodun Oyebanji’s prudent use of revenue has further boosted public confidence and voluntary compliance.

Olatona urged businesses to view taxation as a collaborative effort for state development.

“Pay your taxes, and you will have the moral authority to demand accountability from your government,” he has consistently advised in various forums.

As Ekiti positions itself for economic growth through solid minerals, transportation, and other sectors, EKIRS’s evolving approach signals a maturing tax system that balances revenue needs with genuine business support—potentially serving as a model for other states.

Business owners and stakeholders are encouraged to engage directly with EKIRS for guidance, utilizing its online platforms and support services.