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Nigeria Edition•Business
November 2, 2026•0 views
News Brief

Ekiti Governor Reappoints Olatona as Internal Revenue Chairman for Four-Year Term

Governor Biodun Oyebanji re‑appointed Olaniran Olatona as Executive Chairman of Ekiti State Internal Revenue Service for a four‑year term effective 1 Nov 2026.

Ekiti Governor Reappoints Olatona as Internal Revenue Chairman for Four-Year Term
Image: BusinessdayCredit: Image: Businessday
Multi-Source Verification:Synthesized across 1 independent reporting sources.
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In Brief

  • •Governor Biodun Oyebanji re‑appointed Olaniran Olatona as Executive Chairman of Ekiti State Internal Revenue Service for a four‑year term effective 1 Nov 2026.
  • •Olatona, first appointed in November 2022, led a >60 % rise in the state’s internally generated revenue.
  • •Governor also named Ishola Akingbade as Chairman of the Ekiti State Security Trust Fund, effective immediately.
  • •Both appointees are Chartered Accountants and Fellows of the Institute of Chartered Accountants of Nigeria.
  • •The appointments signal continuity in Ekiti’s fiscal management strategy.

Why It Matters

The reappointment of Olatona and appointment of Akingbade reinforce Ekiti’s focus on strengthening internal revenue and financial oversight. The >60% growth in IGR under Olatona’s leadership boosts the state’s fiscal capacity to fund public services and development projects. The new chairmanship of the Security Trust Fund aims to improve financial management of security resources, potentially enhancing public safety and accountability.

Key Details

Reappointment Effective Date
1 November 2026
Term Length
4 years
IGR Growth
>60%
Olatona First Appointed
November 2022
Akingbade Appointment Effective
Immediate

Context & Background

Ekiti State’s Internal Revenue Service has prioritized increasing internally generated revenue; Olatona’s reappointment signals continuity in this fiscal strategy.

Original Reporting & Sources

VNews is an independent briefing product. Original reporting remains credited to the following publishers:

Businessday
Primary Source
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