Economy

Kano Targets N5bn Monthly IGR for 2017

Kano Targets N5bn Monthly IGR for 2017
  • PublishedMarch 7, 2017

Kano State Government northwestern Nigeria has projected to realize a total sum of 5 billion naira per month as internally generated revenue for the state in the year 2017 and hope to raise it to 10 billion naira in the year 2018.

This was disclosed at a ceremony at the Kano government house where 765, newly employed staff of the Kano state Internal Revenue Service, KIRS, where presented with certificate of employment.

The state governor Dr. Abdulahi Umar Ganduje urged the people of the state to endeavor to key into the IGR scheme and pay as there was no alternative to providing good governance to the people as oil revenue dwindles.

He said as the state extends the tax net for the benefit of everyone, all hands must be on deck for effective performance assuring that there will be commensurate development with all taxes paid.

“The more tax you pay, the more project you will see on the ground, it will enable us as government to responsibly improve development in the area of health, education, infrastructure, environment among others.

The Executive Chairman of the Federal Inland Revenue, FIRS, Babatunde Fowler urged Kano people to pay their tax promptly as the state is currently the fastest growing state in the country in terms of tax net widening. “The state is also number one on the register of individuals registered for tax collection with over 900 thousand.”

He expressed hope that Kano state can meet its targeted revenue with seriousness from the newly employed staff.

The speaker of the Kano state house of Assembly Kabir Rurum assured the employed staff that despite amendments that have been made to tax laws in the state in recent times to ease their work, the law makers are ready to do more to enhance work.

He urged them to familiarise themselves with the law to enable easy and confident approach to taxpayers as some tax payers would want to resist payment.

The Kano state currently generates 2.5 billion naira up from the 1.3 billion naira it was generating per month 2015.

VON

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