REVENUE GENERATION: PMO HOLDS PARASTATALS, AGENCIES MEETING

… Harps on Need for Continued Collaborations 

In a bid to realise the present administration’s revenue drive, the Parastatals Monitoring Office (PMO) has held its quarterly Parastatals Revenue Generating Meeting (PARGEM) with the Heads of Parastatals, Agencies and Government-Owned Companies in attendance.

The two-day Parastatals Revenue Generating Meeting, which was chaired by the Permanent Secretary, Parastatals Monitoring Office, Mrs. Adetutu Oluremi Ososanya (FCA), commenced on Tuesday at the State Treasury Office Resource Centre, CBD Alausa, Ikeja.

Delivering her welcome address, the Permanent Secretary stated that through the meeting, collaboration amongst Parastatals, Agencies and Government-Owned Companies will be emphasised and entrenched, adding that it is paramount to share experiences and work together as a team to move the state forward.

She said, “I want to say that, at this revenue meeting, we will not look at the revenue alone, but the possibility of improving our revenue from existing sources, exploring new avenues of generating revenue, deployment of technology to enhance the ease of doing business, as well as blockage of leakages”.

Ososanya also reiterated that the revenue meeting was not meant to rate the revenue performance of each of the Parastatals, Agencies and Government-Owned Companies but to propel them to do better, identify impeding factors in their operations and find solutions to enhance performance.

“We all acknowledge the fact that without revenue, the whole essence of governance is lost. Therefore, it was meant for the government to continue to render services to the citizens by their expectations”, she stressed.

The meeting had 80 listed Parastatals, Agencies and Government-Owned Companies assessed and were grouped according to their respective pillars under the T.H.E.M.E.S Plus Agenda of Governor Babajide Sanwo-Olu’s administration.