JUST IN: Cross River IRS Chairman Ukam Edodi Resigns

In Breaking News, Business & Economy, National News, Reports

By Jonathan Ugbal

Information reaching CrossRiverWatch suggests that Sir Ukam Edodi has resigned as Chairman of the Cross River State Internal Revenue Service.

Mr. Edodi, is said to have announced his resignation on Wednesday during a management meeting.

He cited his health as reason for doing so, sources who did not want to be named told CrossRiverWatch.

Mr. Edodi had undergone surgery out of the country late 2017 for an undisclosed ailment where he spent a long time recuperating.

But despite citing health challenges, IRS sources say Mr. Edodi lamented that he is not in control of the states revenue generation as decisions are made elsewhere and just communicated to him for implementation.

Our sources say he is also particularly unhappy about the directive to exempt some business concerns from paying taxes and how the decision was reached.

This could not be independently verified as Mr. Edodi has evaded the press for a long time, especially after his February statement affirming the exemption of restaurants and other small businesses from taxation; which has not been implemented either.

He is also said to be unaware of the processes that brought about the consultants collecting revenues on behalf of government and the stalling of his efforts to improve on technology and digitalize tax collection.

Meanwhile, CrossRiverWatch had reported that the state’s revenue dropped by almost 2.3 percent in mid 2017 year-on-year.

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