The Oyo State Board of Internal Revenue is a State Revenue Agency that derives its existence from the Personal Income Tax Act Law of the Federation 2004, which stipulates the establishment of the THE BOARD OF INTERNAL REVENUE by all the States of the Federation. The Oyo State Edict of 1996 established the Board to carry out the functions of assessing, collecting and accounting for taxes, levies and fees with the additional responsibility of tax policy formation for the state.

In April 2004, The Governor of the State(Oyo) gave the Board the authority to implement the said Edict of 1996, in its entirety. That mandate led to the restructuring of the Board in terms of organisational structure and improved revenue generation.


  • Integrity, Innovation and transparency.