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Kaduna IGR rises to N2.7bn monthly - Printable Version

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+---- Thread: Kaduna IGR rises to N2.7bn monthly (/showthread.php?tid=8100)



Kaduna IGR rises to N2.7bn monthly - Edoman - 06-19-2018

From Femi Oyelola Kaduna
The Executive Chairman, Kaduna State Internally Revenue Service (KDIRS) Mukhtar Ahmed, has said the state has increased its Internally Generated Revenue (IGR) from an average of N800 million a month in 2015 to between N2.7 billion and N3.0 billion monthly in 2018.
He disclosed this in an interview with the media in Kaduna yesterday.
According to him ,KDIRS generated N14.2 billion as Internally Generated Revenue (IGR) between January and end of May.
He added that the N14.2 billion generated in five months is far above N11.5 billion generated in the whole of 2015 and more than half of the N23 billion generated in 2016.
“Our target is to generate N4.0 billion a month and with the ongoing reform in tax administration and revenue collection in the state, I am very confident that we shall get there.
“Already we are around N3.0 billion and the ongoing integration of all 63 revenue generating agencies in the state via an electronic platform will take us there and beyond.”
He said that the revenue profile of the state has been on consistent increase since the reform in revenue collection, beginning with the tax law that established KDIRS in 2016 as the sole revenue collector in the state.
“The law among other things harmonised and abolished cash collection as well as automated all revenue collection in the state,” Ahmed said.
The chairman expressed confidence that the state would achieve the N42 billion set IGR target by December, following the impressive performance in the first five months.

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